Merrill Lynch Says It Discovered ‘Irregularity’ in Trading Unit BOE’s King ‘Groping in the Dark’ as U.K. Prints Money Frank Seeks to Curb ‘Phenomenon of Securitization’ Mortgage Delinquencies Rise to Record on Job Losses U.S. Stock Futures Fall Before Jobs Report; Europe Shares Drop Dollar Declines on Concern U.S. Financial Turmoil Will Increase Gold Rises in London as Investors Seek Haven From Lower Stocks Oil rises above $44 despite grim US corporate news Asian stocks resume slide after US rout; Europe up Treasuries Head for Weekly Gain Before U.S. Unemployment Report "If we lose confidence in the ability and the willingness of the Fed to deal with inflationary pressures and sustain confidence in the dollar, we'll be in trouble." Paul Volcker, May 15, 2008 by Doug Noland | Feb 27 How is it possible for financial sector losses and federal deficits to be so incredibly large? by Martin Hutchinson | Mar 2 Wall Street over the last generation has been a prolific generator of casinos, in which the dealing community can make a very nice living indeed by providing investment and “hedging” services to outside investors. by Satyajit Das | Mar 3 “Holes in the Ground” - The End of the Commodity Super Cycle The commodity “super cycle” proved super short. The commodity “boom” is now officially a “bust.” by James Quinn | Mar 4 She was buying the stairway to heaven using her home equity line, but now that she is underwater on her mortgage, she tried to pay using her Amex card, but her credit score had dropped to 600 and they cut her credit line in half.Top News
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Friday, 6 March 2009
Posted by Britannia Radio at 12:43