"The Fed has the authority to buy foreign government debt," said Ben Bernanke in 2002. "Potentially, this class of asset offers huge scope for Fed operations." With the ECB's hands apparently tied as the eurozone crisis threatens to spiral out of control, has the time come for the Chairman to step in? "The Fed needs to buy up every single European bond owned by every single American financial institution for cash," says Brad DeLong. [View news story]
Spain has 20%+ unemployment, a big factor regardless of current metrics.
"The Fed has the authority to buy foreign government debt," said Ben Bernanke in 2002. "Potentially, this class of asset offers huge scope for Fed operations." With the ECB's hands apparently tied as the eurozone crisis threatens to spiral out of control, has the time come for the Chairman to step in? "The Fed needs to buy up every single European bond owned by every single American financial institution for cash," says Brad DeLong. [View news story]
Fed-up customers are set to yank $185B in deposited funds from U.S. banks in 2012. The four biggest - Chase (JPM), BofA (BAC), Citibank (C) and Wells Fargo (WFC) - could lose at least $135B if they can't find a way to woo new customers and keep existing ones from defecting. [View news story]
"By definition, a CEO is a leader, has self confidence, is optimistic, and is able to adjust to situations. In my opinion, there are only 3 reasons for a 61 year old CEO to commit suicide."
Sorry, I did not hear about the CEO of DMND committing suicide.
Fed-up customers are set to yank $185B in deposited funds from U.S. banks in 2012. The four biggest - Chase (JPM), BofA (BAC), Citibank (C) and Wells Fargo (WFC) - could lose at least $135B if they can't find a way to woo new customers and keep existing ones from defecting. [View news story]
That's good. Less money for them to gamble with=Less systemic risk for all of us.
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
One year max unemployment, with benefits shrinking by 2% per week, every week, until zero.
That ought to get 'er done, with some sense of urgency.
The latest round of bank stress tests could actually harm the fragile banking system, and possibly push the U.S. back into a recession, says Dick Bove. The stringent conditions posed by the Fed will force banks to boost their reserves more than what's necessary, strangling bank profits and tightening credit conditions in an already struggling US economy. [View news story]
Yes Dick,
Nothing to see here, just move along.
Who in their right mind would want to expose a good Ponzi scheme?
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
Terry,
I hate to got overly political, but just feel compelled to respond.
Weapons of Mass destruction?
I think your memory of a few years ago is just a bit clouded.
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
chris2011,
Well said. Happy Thanksgiving and good luck to you.
I am thankful when I see there are still some people remaining in our nation like you, that "Get It"
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
If they are worth $3.00 more per hour, they should quit and go get it elsewhere.
Those workers probably paid too much for their I phones, or their last night out dining.
But just like the board of Noble energy, it is their business (and money) and nobody else's business.
If you don't like Noble's executive compensation policy, don't own the stock.
If you don't like what they pay you, should you be an employee, go work somewhere else.
A slowdown in China's a good thing, and shouldn't be a surprise to anyone, says Jim Rogers. They've been trying to slow things down there for over two years. With the inflation and property bubble they have right now, if they didn't slow things down they'd be facing a collapse someday. Recessions and slowdowns are just the way the world works, Rogers says, China will emerge even stronger from it. (video) [View news story]
"The Fed has the authority to buy foreign government debt," said Ben Bernanke in 2002. "Potentially, this class of asset offers huge scope for Fed operations." With the ECB's hands apparently tied as the eurozone crisis threatens to spiral out of control, has the time come for the Chairman to step in? "The Fed needs to buy up every single European bond owned by every single American financial institution for cash," says Brad DeLong. [View news story]
"The Fed has the authority to buy foreign government debt," said Ben Bernanke in 2002. "Potentially, this class of asset offers huge scope for Fed operations." With the ECB's hands apparently tied as the eurozone crisis threatens to spiral out of control, has the time come for the Chairman to step in? "The Fed needs to buy up every single European bond owned by every single American financial institution for cash," says Brad DeLong. [View news story]
Even with a 50% haircut, it's still pure profit.
Fed-up customers are set to yank $185B in deposited funds from U.S. banks in 2012. The four biggest - Chase (JPM), BofA (BAC), Citibank (C) and Wells Fargo (WFC) - could lose at least $135B if they can't find a way to woo new customers and keep existing ones from defecting. [View news story]
Takes one to know one.
http://bit.ly/oOEpc2
Diamond Foods Director's Suicide Evokes Necessary Questions [View article]
Sorry,
I did not hear about the CEO of DMND committing suicide.
Please provide the link.
Bet Against Buffett: Short Bank Of America On The Rally [View article]
How's that BAC long workin' for ya? ROTFL
My calculation of the worst case scenario for BAC [View instapost]
Fed-up customers are set to yank $185B in deposited funds from U.S. banks in 2012. The four biggest - Chase (JPM), BofA (BAC), Citibank (C) and Wells Fargo (WFC) - could lose at least $135B if they can't find a way to woo new customers and keep existing ones from defecting. [View news story]
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
That ought to get 'er done, with some sense of urgency.
The latest round of bank stress tests could actually harm the fragile banking system, and possibly push the U.S. back into a recession, says Dick Bove. The stringent conditions posed by the Fed will force banks to boost their reserves more than what's necessary, strangling bank profits and tightening credit conditions in an already struggling US economy. [View news story]
Nothing to see here, just move along.
Who in their right mind would want to expose a good Ponzi scheme?
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
I hate to got overly political, but just feel compelled to respond.
Weapons of Mass destruction?
I think your memory of a few years ago is just a bit clouded.
http://bit.ly/v5tWWS
BTW, I could also provide video of these quotes to verify accuracy if you so desire.
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
Well said. Happy Thanksgiving and good luck to you.
I am thankful when I see there are still some people remaining in our nation like you, that "Get It"
It gives me hope.
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
Best. Infographic. Ever. Among the things I learned: The U.S.'s 400 richest people have a greater combined net worth than the country's bottom 50%. [View news story]
Those workers probably paid too much for their I phones, or their last night out dining.
But just like the board of Noble energy, it is their business (and money) and nobody else's business.
If you don't like Noble's executive compensation policy, don't own the stock.
If you don't like what they pay you, should you be an employee, go work somewhere else.
Diamond Foods Director's Suicide Evokes Necessary Questions [View article]
That's always a possibility.
He was not necessarily guilty of playing a "Shell Game"
A slowdown in China's a good thing, and shouldn't be a surprise to anyone, says Jim Rogers. They've been trying to slow things down there for over two years. With the inflation and property bubble they have right now, if they didn't slow things down they'd be facing a collapse someday. Recessions and slowdowns are just the way the world works, Rogers says, China will emerge even stronger from it. (video) [View news story]