mbr

The AIG Bailout: Why Was the Onus Placed on Taxpayers?

Another scandal in the making: doing away with mark to market accounting. See www.marketwatch.com/ne....
The lies go on and the dupes do nothing.

BofA Following Citigroup to $5 or Lower

Politicians and bankers have decided that is is better to trickle out the bad news than to expose the huge damage in one swoop which would crater markets for a long, long knock out. The pain is less stunning but it will last longer

Where's the Bottom? Still Anybody's Guess

To the poet above: why don't you go and sing in front of the inept people of DC instead of squatting space meant for useful discussion here?

Where's the Bottom? Still Anybody's Guess

Unpegging money creation from a tangible thing like gold, unleashed all the greed of the financiers and such quacks who are incapable of producing even a nail!