9 Friday Nite Bank Flights-Hallows Eve Brings U.S. Total Failures to 115
Written on 31 Oct, 2009 at 7:02 in ECONOMIC NEWS | viewed 117 times | 0 Comments
Needless to say the FDIC was a tad busy before Hallows Eve staked out in 4 states for the haunting of the most closures in a single day of 2009 (no wonder the market was spooky yesterday). U.S. Bancorp gets the grab-bag of... (Continue reading)
Tues Aug 11th - Hit Li$t Links
Written on 11 Aug, 2009 at 6:53 in ECONOMIC NEWS | viewed 117 times | 0 Comments
Asia markets have inched higher, Europe benchmarks for Britain, France and Germany were higher by around 0.5 percent and US futures keep changing (caution?). Hong Kong’s Hang Seng closed up 144.69 points, or 0.7 percent, at 21,074.21 and Shanghai’s benchmark added 0.5... (Continue reading)
U.S. red ink climbs even higher, to $1.8 trillion
Written on 13 May, 2009 at 3:22 in ECONOMIC NEWS | viewed 73 times | 0 Comments
U.S. red ink climbs even higher, to $1.8 trillion Today’s Daily Bell Issue 283 • Tuesday, May 12, 2009 The government will have to borrow nearly 50 cents for every dollar it spends this year, exploding the record federal deficit past $1.8 trillion under... (Continue reading)
The Big Lie: Stress Test Optimism Just Wall St. Propaganda, Former Bank Regulator Says
Written on 8 May, 2009 at 17:35 in ECONOMIC NEWS | viewed 79 times | 0 Comments
NOT my words, just a former Bank Regulator~~LOL LOL >>”Don’t you believe it, says William Black, an Associate Professor of Economics and Law at the University of Missouri - Kansas City.” >>”In other words, this isn’t the first time we’ve been told... (Continue reading)
A Spark under the kettle??? Now We’re Cooking! by Karl Denninger
Written on 29 Apr, 2009 at 6:25 in OPINION | viewed 65 times | 0 Comments
Have to give him credit, he continues to SPEAK and shout his heads-up opinion~~ Now We’re Cooking! by Karl Denninger Posted at 08:33 Tuesday, April 28. 2009 It’s about damn time. Sources say investigators are digging into whether Joseph Cassano, the former head of London-based... (Continue reading)
Anyone Shocked??? - Delinquencies Rising at Fannie and Freddie
Written on 22 Apr, 2009 at 7:14 in ECONOMIC NEWS | viewed 77 times | 1 Comment
Okey Dokey, take a look at these charts and more from here ~”Note once again these are not Sub-prime or alt-A — they are Prime, the highest quality borrowers possible” Use link for full article http://www.ritholtz.com/blog/2.....e-freddie/ Delinquencies Rising at Fannie & Freddie By... (Continue reading)
Dig Deep, buried treasure ~Citi Reports $4.69 Billion in Fixed Income Trading
Written on 20 Apr, 2009 at 5:55 in ECONOMIC NEWS | viewed 167 times | 0 Comments
Aye Yi Yi, using the back door again~~~~Don’t let the door hit ya in the a**! Citi Reports $4.69 Billion in Fixed Income Trading By Dan Denning • April 20th, 2009 • Related Articles • Filed Under Snip>>> But something magic happened in the fixed... (Continue reading)
The Top 10 Signs You Are Living in a Banana Republic and My Favorite $100 Billion Omelet
Written on 15 Apr, 2009 at 6:25 in OPINION | viewed 44 times | 0 Comments
How accurate of a description! “The People Don’t Know and Don’t Care to Know. The American people are quite aware of Malawian Adoption Law, can cite the California statutes on artificial insemination, and know Octomom’s middle name, but can’t or won’t... (Continue reading)
Yikes! ~ US budget deficit nears $US1 trillion
Written on 12 Apr, 2009 at 6:39 in ECONOMIC NEWS | viewed 22 times | 0 Comments
http://www.sott.net/articles/s.....1-trillion NineMSN Sat, 11 Apr 2009 07:21 UTC The US budget deficit accelerated in March to hit a record nearly $US1 trillion ($A1.41 trillion) in the first half of the current fiscal year as the government moved to bail out troubled institutions. The deficit... (Continue reading)
Aye, ALWAYS A Reason behind those closed doors ~ Uptick Rule: An Uncanny Indicator
Written on 8 Apr, 2009 at 5:55 in ECONOMIC NEWS | viewed 83 times | 1 Comment
REPEAT many a trader observed drastic changes when it was removed and allowed for Massive Bear Raids Uptick Rule: An Uncanny Indicator by Price Headley March 31, 2009 One longer-term indicator I’ve watched with interest is the Uptick Rule (in which stocks cannot be... (Continue reading)
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