The FED through the inflationary mechanism is paying you 2.5% a year to borrow.
Why not buy a house and leverage up 10 to one.
The FED through the inflationary mechanism is paying you 2.5% a year to borrow.
Why not buy a house and leverage up 10 to one.
Deutsche Bank AG co-Chief Executive Officer John Cryan told employees that Germany’s largest bank is “rock solid” as investor concern about capital and funds drove down the value of stocks and bonds. Former OMB Director David Stockman weighs in.
This was posted by Jimbo, a regular at the Capitalstool.com message board who has been posting his cutting edge insights there since 2002. by Jimbo…
Bank of America just agreed to pay another $16 Billion fine for one of its frauds—selling trashy securities to its investors. Another day, another fraud exposed. No surprises there. This is so routine it barely deserves a headline.
Wachovia and other banks funded the $7.4 billion debt portion of the Extended Stay LBO, knowing the company was worth only $4.8 billion at the most. The loan was then rolled into structured finance securities – “designed to turn a sow’s ear…
Contributed by Chriss Street. Populist movements sweeping the world are a threat to China, globalization’s biggest winner. The rebellious tone of the Arab Spring, Socialist victories in France and Greece, Argentina’s nationalizing oil …