HBWOW

The BofA / Merrill Mess - A Misguided Mob Goes After the Wrong Guy

Mr. Lewis is responsible for the bank's dealings in high risk derivatives and he should have acted in the best interests of the BAC stockholders/depositors and passed on the Merrill Lynch "deal", first on the basis of finding out about previously undisclosed losses (M & A) and secondly finding out about the outrageous "performance bonuses" cooked up by ML management (white collar crime???).

He should be further investigated and dealt with based on the findings. These high flying insiders and their political buddies all
are to blame for the mess. It is so amazing that they deal verbally without documentation records so no one can be proven wrong/guilty, wow. WHAT EXAMPLES FOR THE FUTURE OF AMERICAN MANAGEMENT ETHICS/RESPONSIBILITIES CODES!

What's To Be Done About Citigroup?

I read article after article like this in which it is obvious that "top management" have questionable backgrounds and apparent direct involvement in the toxic derivative dealings, BUT no agency, SEC, the FED, CONGRESS, the BANK REGULATORS/EXAMINERS, FBI nor CLASS ACT STOCKHOLDER LITIGATION go after these highly paid manipulators/scam artists. The public, investment funds, stockholders, and voters should demand and get investigation and prosecution of the culprits who masterminded this whole debacle. Armed bank robbers are sought, caught, and prosecuted - - white collar culprits are talked about but then ignored.

Rating Obama's First 100 Days

As a puppet, I believe he is doing just what he is told, ie when he isn't out on the golf course. What I want to know is his golf scores and is he improving?

Global Meltdown, Part III

The greedy and the power hungry egotists have working toward today's chaos and have won. The problem is they are not done but rather plan to suck every drop of blood from the general masses.
You hit the nail on the head with your "organized crime groups such as drug cartels and bankers". You did not mention the egotistic governmental "what me worry" boyz, and behind the scenes investment manipulators, the option craving big business "executives/looters", and the investment scramers (*).
There (*) are many, many more Madoff's yet to be uncovered.

Four Stocks Whose Nationalization Won’t Affect Stock Indexes Too Much

"Short sellers" are leading the market, taking profits on every turn, of course, at the loss of the general investors. The rich get richer and the middle class keeps sliding downward which is just what the liberals want.
Of course, the nation cannot survive on that basis but the politicians don't believe nor care about that, only their individual greed and power egos.

If You Thought the Auto Bailout Was Ridiculous Before...

THE FACT IS THAT WE CAN NOT SURVIVE UNLESS WE HAVE A LARGE MANUFACTURING BASE WHATEVER THE MIX OF PRODUCTS. AUTOS SHOULD BE INCLUDED AS THEY ARE A HIGH TICKET ITEM AND AMOUNT TO A LARGE PART OF OUR GNP. Our government is too big, manufacturing base diminishing, and these two negatives are a major reason for our growing deficits. Our FREE TRADE has mostly been returned with protectionism from our trading partners. Japan started the trade war (first electronics, then cars, then trucks) and China has magnified this problem with their cheaper everything.

Turning Japanese: The Audacity of Reality (Part 3 of 3)

You forgot to mention Ken Lewis in paragraph 11, remember his bank was of the biggest derivative "investors" and after getting the first bailout monies promptly reinvested $5B with a Chinese bank. This in the "best interests" of who?????

The country has no one in government who has a clue about business and the economy, simply interested in self serving their egos, listening to lobbyists and talking double talk to their public.

Will the U.S. Fight the German Car Invasion?

The real question is for Congress when years ago we allowed the Japanese
to bring cars (had agreed to quotas but) to undermine and under price Detroit's products. This is like the old American electronics industry (do you remember the brands) where our government allowed free trade in but our trading partners, first Japan, then South Korea and the bigger, come lately, China swamped us with products but did not allow many and much of our products to be bought by their citizens. RESULT - spiralling trade deficits for the U.S. and loss of manufacturing base and jobs. So what is the question again?

If Toyota Is Projecting a Loss, Imagine the Pain Detroit Is in For

" IF" is the big doubtful here. IF you buy their story then I have a big bridge to sell you. Next, with their gradual invasion of assembly plants in the states, they will be asking for a "bailout". Any reduction in their total production will be done in their U.S. plants while making up the difference in
moe imported units from their homeland plants.
THEY HAVE BEEN IN A TRADE WAR WITH US (the free traders) FOR OVER FORTY YEARS. Washington has been asleep for many years just like on December 7, 1941.

Who Might Benefit From Detroit's Failings

The Japanese have taken the bulk of the electronic business by dumping product to eliminate our industry, Zenith, RCA, etc. They have taken a lot of other product lines such as lawn equipment, computer chips, etc, and continue to make inroads into many product categories, all to eliminate our industry which has resulted in our trillion plus trade deficit to them. If our auto/truck industry fails, we will lose a significant part of our remaining industrial base and be only buyers without jobs. There was a old Japanese philosopher who preached the way to beat your enemies is via a trade war. WELL. Destroy your opponent's industrial base and then their capital base. WELL.