The problem occurred because of false market valuations that occurred during a period of credit inflation. No single individual person or agency can solve the problem. No individual possesses the knowledge required....
highlighted by BallyZACA | 2 days ago | updated 2 days ago 38 views | 1 comment
"Oct. 6 (Bloomberg) -- Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to spread...
" Instead, McCain would give families $5,000 refundable tax credit and individuals a $2,500 tax credit. People who lose workplace coverage could use the funds to purchase insurance in the individual...
highlighted by 158 | 5 days ago | updated 5 days ago 14 views | 1 comment
" Perhaps the hedge fund managers should take their cue from the central banks which are not going to be selling gold over the next 12 months as they have been over the past four previous years. Supply is coming out of the market at a time of rising demand for a hedge...
THIS IS THE COMPERHENSIVE REPORT EVERYBODY SHOULD READ IT CAREFULLY TO UNDERSTAND THE RIPPLE EFFECT IN THE MARKET..." Money Markets Still Frozen, Rates Soar Money markets struggled in a state of near paralysis on Wednesday as the start of a new financial...
" With the nation's financial markets in turmoil, many are wondering what it means for their retirement funds. In a piece of good news, the Treasury Department announced Monday that it will guarantee the money...
These Institutions, hedge funds and anal-ysts, that helped contribute to the looting of the world by naked short selling should be tried for treason.* * * *I heard a researcher say that nobody who has ever taken on...
Despite the bailout plan approved by US Congress, Indian stock market tanked due the negetive sentiments in other world markets.Since morning Asia and Europe markest have been slipping. " The concomitant...
highlighted by Sanjay Jha | 1 wk ago | updated 1 wk ago 47 views | 1 comment
" Industrialized countries pledged more than $6.1 billion on Friday to international investment funds aimed at helping developing countries adopt cleaner technologies and mitigate growth in greenhouse gas...
" It might look amusing to think of the hedge funds who had been shorting the bank stocks suddenly getting shafted. But whose money were they playing with? Yes, it came from their subscribers but who else? Well, the banks of course - and given the massively geared nature of...
"At least two groups of Filipino-Indians are battling for control over the richest, oldest and largest congregation of Punjabis here, the Khalsa Diwan Sikh Temple in Paco, Manila. A ranking member has been killed in the turf war for supremacy in the predominantly...
" Some industry watchers have suggested that Al Safi’s funding and the launch of DSAM is a historic milestone in Islamic Finance. And it seems ironic that Islamic hedge funds should debut at such a bad time for the hedge fund industry as a whole but if they can make this...
A group of businessmen from Nigeria--the African nation known for its army of e-mailers offering to make you rich for a small fee--is interested in buying Newcastle United of the English Premier League."Chris...
highlighted by Jon Azpiri | 2 wks ago | updated 2 wks ago 333 views | 1 comment
"Sen. John McCain on Thursday called for President Bush to fire the chairman of the Securities and Exchange Commission, while he and his campaign charged that Sen. Barack Obama is using the current economic crisis as...
Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost...