Glenn Somerville has one of the first of what will surely be many articles handicapping possible Treasury secretaries come January. We know we’re going to get a new one, whatever happens — Geithner won’t stay on for a second term. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that…
Tag Archive for Financiers
Latest Business Headlines
Goldman Sachs Spreads Tech Investments After Facebook – Bloomberg
by Newswires • • 0 Comments
GigaOMGoldman Sachs Spreads Tech Investments After FacebookBloombergGoldman Sachs Group Inc. (GS), the bank which last week doubled its money from a 2010 bet on Facebook Inc. (FB), is ramping up investments in Web startups, underscoring the allure of h…
Bears Chat, Best of the Forums
Crony Capitalism Comes Home
by Bears Chat at The Wall Street Examiner • • 0 Comments
Whenever I write about Occupy Wall Street, some readers ask me if the protesters really are half-naked Communists aiming to bring down the American economic system when they’re not doing drugs or having sex in public.
The answer is no. T…
Bears Chat, Best of the Forums
I’m starting to think next Pres. will be crazy person
by Bears Chat at The Wall Street Examiner • • 0 Comments
I’m starting to think that one of these nut jobs will be our next President. Obama has tried to play it safe, and there’s no endeavor in the world where you can overcome great odds by taking no chances. And he faced great odds as we all know.
But h…
Bears Chat, Best of the Forums
BB&T pushing HELOCs
by Bears Chat at The Wall Street Examiner • • 0 Comments
Suddenly BB&T is pushing 3.49% home equity loans? This is troubling on several levels.
1. I thought banks were under orders to reduce their real estate exposure. 2. Anyone who currently has actual equity in their “home” must have a)bought in the 199…
Bears Chat, Best of the Forums
Care about the WallSt takeover of America? Oct17th
by Bears Chat at The Wall Street Examiner • • 0 Comments
www.adbusters.org
Excerpt:
Hey you jammers, dreamers, patriots and revolutionaries out there,
Our occupation of Wall Street is less than two weeks away … do we have it together?
The perpetrators of the massive financial fraud have been allowed to…
Bears Chat, Best of the Forums
Fed’s Low Interest Rate Pledge Is Insane
by Bears Chat at The Wall Street Examiner • • 0 Comments
Peter Schiff of Euro Pacific Capital is not too pleased with the Fed’s change of policy:
“Ultra-low interest rates are among the biggest impediments currently preventing genuine economic growth in the U.S. economy. By committing to keeping them near…
Bears Chat, Best of the Forums
The Fundamental Injustice That Is Destroying the Nation
by a Wall Street Examiner • • 0 Comments
The guilty are powerful and free, the innocent burdened and oppressed: that is injustice. There is a fundamental injustice that is poisoning the soul of the nation, and if it is not openly addressed then the nation will face the explosive consequen…
Bears Chat, Best of the Forums
When Irish Eyes Are Crying
by a Wall Street Examiner • • 0 Comments
Ireland is different, quite an interesting read.
When Irish Eyes Are Crying
When the Irish land boom flipped from miracle to catastrophe, a lot of important people’s status, along with perhaps their sense of themselves, flipped with it. An Irish st…
Bears Chat, Best of the Forums
Anglo-American Financiers Offer Terms to the Rest of the World
by a Wall Street Examiner •
“To put it crudely, the US wants to inflate the rest of the world, while the latter is trying to deflate the US. The US must win, since it has infinite ammunition: there is no limit to the dollars the Federal Reserve can create. What needs to be discus…
