“The Great Lie of 2009″
Written on 7 Jul, 2009 at 6:20 in ECONOMIC NEWS | viewed 139 times | 0 Comments
Unless you believe in The Jolly Green Giant and or some other fantasy provided via the Media or Governments~Stop, Look, and LISTEN, as this read is definitely worth the time! Hats Off and High Five to Martin Weiss who continues... (Continue reading)
More Financial Turmoil Ahead: A Stock Market Bear Rally Built on Sand
Written on 7 Jun, 2009 at 6:10 in ECONOMIC NEWS | viewed 167 times | 0 Comments
Problem is, they keep refilling the sandbox! As usual, Chapman has a lot to say here~~ More Financial Turmoil Ahead: A Stock Market Bear Rally Built on Sand by Bob Chapman Global Research, June 6, 2009 TheInternationalForecaster.com A recovery is supposed to be in the... (Continue reading)
More signs financial firms wary of PPIP, TALF: Ross to tap PPIP, why not others?
Written on 29 Apr, 2009 at 8:19 in ECONOMIC NEWS | viewed 98 times | 0 Comments
Fierce Finance weighs in on the topic: Here’s a tangible sign that businesses remain wary of government when it comes to financial reform. The government’s PPIP offers, on the surface, some very sweet terms for asset management companies to speculate on... (Continue reading)
TALF: not working exactly as hoped, banks wary of government interference
Written on 29 Apr, 2009 at 8:12 in ECONOMIC NEWS | viewed 74 times | 0 Comments
All has been pretty quiet on the TALF front, meanwhile we hear that Goldman Sachs and JP Morgan would like to quickly repay their TARP loans and end government regulation of their internal affairs. The hesitation to particpate in the... (Continue reading)
Stiglitz Says Bank Rescue Doomed by Obama Administration Wall Street Ties
Written on 17 Apr, 2009 at 9:48 in ECONOMIC NEWS | viewed 52 times | 0 Comments
This on BL today… The Obama administration’s bank- rescue efforts will probably fail because the programs have been designed to help Wall Street rather than create a viable financial system, Nobel Prize-winning economist Joseph Stiglitz said. “All the ingredients they have so... (Continue reading)
Wednesday End of Day Summary
Written on 8 Apr, 2009 at 18:11 in ECONOMIC NEWS | viewed 41 times | 0 Comments
End of Day Summary…Sellers threatened to drag stocks lower for the third straight session, but buyers showed resolve and pushed all three of the major indices higher. Helped by news that the Treasury is planning to extend bailout funds to insurers,... (Continue reading)
Timmy, ask Lassie for help! TALF Program Is Just Limping Along
Written on 8 Apr, 2009 at 6:29 in ECONOMIC NEWS | viewed 18 times | 0 Comments
TALF Program Is Just Limping Along Thanks to John Carney over on Business Insider for posting this… John Carney|Apr. 7, 2009, 8:36 AM| http://www.businessinsider.com.....ong-2009-4 Only two lenders have applied for this months tranche of issued bonds under the Fed’s Term Asset-backed securities Liquidity Facility... (Continue reading)
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