The U.S. is flirting with a double-dip recession if it doesn't act to contain rising U.S. deficits, President Obama warned Wednesday in an interview with Fox TV. The government is challenged in trying to boost the economy and spur job creation while setting a path toward long-term deficit reduction. Obama said the administration is considering tax measures to spur companies to hire. [View news story]
Not surprising from the man that talks out of both sides of his mouth.
Bank analyst Dick Bove is disgusted by the "witch hunt" which forced Ken Lewis out of Bank of America (BAC). "The guy has been phenomenally good... to push him out now because of a witch hunt is totally inappropriate," he said on CNBC this morning. [View news story]
Hey Dick, Did you forget the man epitomized hubris, he destroyed a prominent bank only to be saved by Big Brother, was asleep at the wheel and surrounded himself with yes men on his so called board of directors. Your support for him cast some doubts on your brilliant past analytical work.
Stop looking at the present.We all know the media is myopic and the stock markets are not.Tell me where we'll be six to nine months from now when the "gurus" will be saying "shoulda,coulda,woulda...
stop looking at the current news. The media is myopic while stock prices aren't.tell me something about six to nine months from now when we'll be looking back and saying "coulda,woulda,shoulda...
The New York Stock Exchange prohibits its members from guaranteeing against losses for its clients. Why should the US Government be exempted? The same players who told us securitization was good are now telling us of the dire consequences if we don't bail out the systems failures. Why should we believe the?
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Latest | Highest ratedThe U.S. is flirting with a double-dip recession if it doesn't act to contain rising U.S. deficits, President Obama warned Wednesday in an interview with Fox TV. The government is challenged in trying to boost the economy and spur job creation while setting a path toward long-term deficit reduction. Obama said the administration is considering tax measures to spur companies to hire. [View news story]
Bank analyst Dick Bove is disgusted by the "witch hunt" which forced Ken Lewis out of Bank of America (BAC). "The guy has been phenomenally good... to push him out now because of a witch hunt is totally inappropriate," he said on CNBC this morning. [View news story]
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Chicago PMI: The Word Is 'Scary' [View article]
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AIG Bailout: Over to Congress [View article]
against losses for its clients. Why should the US Government be exempted? The same players who told us securitization was good are now telling us of the dire consequences if we don't bail out the systems failures. Why should we believe the?