Debt-Ridden Dubai World’s $Delay Rocks Global Markets~Holiday KerPlunk
Written on 27 Nov, 2009 at 6:32 in ECONOMIC NEWS | viewed 642 times | 0 Comments
How many times have we heard… Too Much Too Fast–>It will take a major event to stop this low-volume, and steamed up market running on liquidity fired locomotion~ Even floor talk and those respected like Art Cashin the Director of Floor Operations... (Continue reading)
Banks Honest? Surely You Jest! by Karl Denninger
Written on 9 Jun, 2009 at 7:19 in OPINION | viewed 85 times | 0 Comments
Always interesting views and statements! Banks Honest? Surely You Jest! by Karl Denninger Posted at 09:01 Monday, June 8. 2009 Back when the UBS “diamond in the toothpaste tube” story broke originally UBS claimed that they were going to “cooperate” with the US. Not so... (Continue reading)
Ahh Yes, The Smoke and Mirrors Place~Inside the MUNI Trading Funhouse
Written on 5 May, 2009 at 5:03 in ECONOMIC NEWS | viewed 232 times | 0 Comments
An abundance of data here with explanations and possibilities, PLEASE use link to blog for full piece Inside the MUNI Trading Funhouse A Credit Trader May 4th, 2009 Lawsuits… here we come Trades are going sour and the municipalities are rebelling… Milan Police Seize UBS,... (Continue reading)
Morning Headlines-UBS loss/US to reveal some Stress Data/Blackrock/Yahoo to cut jobs/Cracks in Commercial Real Estate
Written on 15 Apr, 2009 at 6:45 in ECONOMIC NEWS | viewed 52 times | 0 Comments
UBS Posts $1.7 Billion Quarter Loss, Cuts 8,700 Jobs UBS, EARNINGS, BANKING SECTOR, BANKS, EUROPE, SWITZERLAND, LOSS, LAYOFFS, BAD BANK, TOXIC ASSETS, TOXIC DEBT | 15 Apr 2009 | 03:26 AM ET UBS will post a first-quarter loss and cut 8,700 more jobs... (Continue reading)
WSJ reports that the first US client is charged in UBS Tax Shelter Probe
Written on 8 Apr, 2009 at 13:45 in ECONOMIC NEWS | viewed 68 times | 0 Comments
April 3, 2009, 8:48 AM ET WSJ Blog posts: Will Steven Michael Rubenstein become known as the Patient Zero of the UBS tax prosecutions? It’s possible — on Thursday he became the first American recipient of criminal charges filed in the wide-ranging... (Continue reading)
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