Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy [View article]
Does anyone realize that taxpayers are still paying for bailout of the S&Ls?
"The $157-billion bailout was financed by floating 30-year bonds, the interest on which will make the ultimate cost much higher. The actual total will depend on what interest rates end up being between 1990 and 2020, but estimates range from $500 billion to $1.4 trillion (in other words, 1,400 billion dollars)." --
Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy [View article]
Wez: I hope your investments are in other currencies than the USD for your sake. In January 2000 one USD was equal to 1 EUR... today, .63, about a 40% loss.
Here's some food for thought about the Bankers and their confidence and being truthful. Jimmy Cayne, the former CEO of Bear Stearns who resigned in January just cashed out his stock holdings in BSC at $10.84 a share for $61Million. Yep, he still makes money after driving the company almost to the ground.
Goldman Sachs had been reporting blockbuster numbers for the past year and things were rosy at the firm... yet recently announced laying off 15% of it's workforce as reported by the New York Post.
Which brings us back to BSC where they were saying things were ok even days leading up to the bailout.. even the SEC chimed in to say things were ok. Hmmm... who can we trust?
Canadian Royalty Trusts: Cash in On High Oil Prices [View article]
Yes, it is an error on my part. BPT should not be on this list and thank you for pointing that out. While this is not a definitive list, it is suppose to be an example of Royalty Trusts on the market. It is not a recommendation or offer to buy and sell. Investors are encouraged to do their own due diligence.
It is my understanding that it is still a proposal to do away with the tax benefits of the trusts. It must still be passed by Parliament and signed into law. About 5% of the voters in Canada own income trusts, so it is unpredictable as to what will actually happen.
Different investors will have different styles of investing. Some will see this as an opportunity.
Invest in Wal-Mart For Less Than $4/Share [View article]
Type in the ticker WMMVF at pinksheets.com to get stock info. I believe the ADRs is WMMVY trading at 37.50. You can get quote on that on morningstar. www.walmartfacts.com/
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Latest | Highest ratedBear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy [View article]
Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy [View article]
"The $157-billion bailout was financed by floating 30-year bonds, the interest on which will make the ultimate cost much higher. The actual total will depend on what interest rates end up being between 1990 and 2020, but estimates range from $500 billion to $1.4 trillion (in other words, 1,400 billion dollars)." --
www.thirdworldtraveler...
Changes in The Fed's Balance Sheet [View article]
www.thirdworldtraveler...
Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy [View article]
Here's some food for thought about the Bankers and their confidence and being truthful. Jimmy Cayne, the former CEO of Bear Stearns who resigned in January just cashed out his stock holdings in BSC at $10.84 a share for $61Million. Yep, he still makes money after driving the company almost to the ground.
Goldman Sachs had been reporting blockbuster numbers for the past year and things were rosy at the firm... yet recently announced laying off 15% of it's workforce as reported by the New York Post.
Which brings us back to BSC where they were saying things were ok even days leading up to the bailout.. even the SEC chimed in to say things were ok. Hmmm... who can we trust?
Keep an eye on Lehman...
Canadian Royalty Trusts: Cash in On High Oil Prices [View article]
It is my understanding that it is still a proposal to do away with the tax benefits of the trusts. It must still be passed by Parliament and signed into law. About 5% of the voters in Canada own income trusts, so it is unpredictable as to what will actually happen.
Different investors will have different styles of investing. Some will see this as an opportunity.
Invest in Wal-Mart For Less Than $4/Share [View article]
I believe the ADRs is WMMVY trading at 37.50. You can get quote on that on morningstar.
www.walmartfacts.com/