How to Steal Billions in Plain View
Posted in Bailout, Banks, Economy, Finance, Government on Jan 16th, 2009
Tag Archive 'ben bernanke'
U.S. Financial System: Mounting Losses, More Bailouts Coming
Posted in Bailout, Banks, Economy, Finance, Government on Jan 14th, 2009
Stocks were getting hammered early Wednesday as a series of events reminded traders the financial crisis is not over:
* Facing mounting losses, Citigroup is abandoning its financial supermarket model, which shouldn’t be a surprise in the wake of Friday’s resignation of Robert Rubin and the sale of Smith Barney to [...]
2008 Wall Street Quotes of the Year - Yahoo Tech Ticker - Video
Posted in Bailout, Detroit, Economy, Entertainment, Government, Politics, Video on Dec 24th, 2008
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Federal Reserve Sets Stage for Hyperinflation
Posted in Economy, Finance, Government on Dec 16th, 2008
On November 7 Bloomberg filed suit under the US Freedom of Information Act (FOIA) requesting details about the terms of eleven new Federal Reserve lending programs created during the deepening financial crisis.
The Fed responded on December 8 claiming it’s allowed to withhold internal memos as well as information about ‘trade secrets’ and ‘commercial information.’ The [...]