Truemors
Bank Bail Out True Facts - Federal Reserve, Lehman Brothers Etc.
The stocks of manufacturers of Tar, Feathers, pitch forks, scythes, rope and high tree branches soared today on news that banks that failed and received Federal Bailout Money were stockholders of the US Federal... 
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Ten signs of insolvency
The warning signs were all there, first identified by the partner in a firm that cleaned up after the corporate excesses of the '80s, and dusted off today in Australia's Sunday Mail. " 1. A company Mercedes-Benz... 
New players challenge world order
[New players challenge world order Brazil, Russia, India and China, the so-called Brics, are predicted to emerge as major world players by 2050. In this,...
Stocks plunge anew as recession worries resurface
"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...
"I Slept with Russell Brand," 'Manuel's' Granddaughter Reveals
GEORGINA Baillie, 23, granddaughter of Andrew "Manuel" Sachs reveals how comedian Russell Brand shouted, "Que?!" and "I know nothing!" in bed after finding out her grandfather played comic waiter Manuel in cult... 
created by Christina 123 | 1 year ago | updated 1 year ago
2058 views | 20 recommendations | 4 comments
2058 views | 20 recommendations | 4 comments
Clamour grows for BBC to act over Russell Brand radio insults
Some prank phone calls made by BBC presenters Russel Brand and Jonathan Ross have become a major issue in the UK, dominating the 24-hour networks today. When a high-profile guest cancelled on the show, Brand and Ross left him messages on his voicemail on air harassing him,...
Why Warren Buffett invested in Goldman Sachs?
Smartest investor of world beting on his billion Dollor Plan " When Warren Buffett's Berkshire Hathaway invested $5 billion in Goldman Sachs, it came as a major surprise. Since the billionaire's massive investment comes at a time when the...
America Must Rescue the Bonuses at Goldman Sachs
"America Must Rescue the Bonuses at Goldman Sachs: Michael Lewis Commentary by Michael Lewis Sept. 24 (Bloomberg) -- Anyone who caught even a sliver of yesterday's hearings in the U.S. Senate on the proposed Treasury bailout of the mortgage-backed securities market knows that... 
Leading American Insurer AIG close to bankruptcy
Leading American Insurance company American International Group Inc. is in the bad shape and likely to file for bankruptcy. However they have been allowed to use $20 billion of assets held by its... 
RBS Shareholders Take 95.1% of Stock in Rights Offer
In the biggest European share sale and the first one in the UK sinc ethe economic turmoil began, RBS has seen shareholders buy 95 percent of stock, giving it an additional 11.6 billion pounds."Royal Bank of Scotland Group Plc saidshareholders bought 95.1 percent, or 11.6...Report: GE getting out of appliance business
"General Electric Co. plans to auction off its appliances business, The Wall Street Journal reported Wednesday.GE has hired Goldman Sachs Group Inc. to run an auction for the appliance division, according to the newspaper, which quoted unidentified sources. The sale could...
Goldman: Wall Street Faces $460 Billion in Debt Writedowns
Is a trillion the new size 6? This gets us half the way there:"Goldman Sachs forecasts global credit losses stemming from the current market turmoil will reach $1.2 trillion, with Wall Street accounting for nearly 40 percent of the losses.U.S. leveraged institutions,...
Goldman Sachs--a Higher Intelligence?
"What's odd about the subprime crash is Goldman Sachs Group Inc. A single firm took a position contrary to the rest of Wall Street. Giant Wall Street firms are designed for many things, but not, typically, to express highly idiosyncratic views in the market...By the end of...
Getty Images May Sell For More Than $1.5 billion, Report
This will be a substantial acquisition for whomever ends up acquiring Getty Images, at a projected price tag of more than $1.5 billion."Getty Images Inc, the world's biggest supplier of pictures and video to media and advertising companies, has put itself on the auction block...
Goldman Sachs Bonuses = $18 billion; Health Care for 12 million children = $...
Is this capitalism run amuck or appropriate reward for commensurate risk? Call me Canadian (I'm a dual US-Cdn citizen by the way), but the massive disparity of wealth in the USA is somewhat off putting. 12 million...
created by mindanarchist | 1 year ago | updated 1 year ago
470 views | 0 recommendations | 2 comments
470 views | 0 recommendations | 2 comments
