Chairman Casey, Vice Chairman Brady, and other members of the Committee, I appreciate this opportunity to discuss the economic outlook and economic policy. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the…
Tag Archive for Last Quarter
Latest Business Headlines
RIM Writedown Risked With $1 Billion Inventory: Corporate Canada – Bloomberg
by Newswires • • 0 Comments
Research In Motion Ltd. (RIMM)’s stockpiles of BlackBerry smartphones and PlayBook tablets have swollen by two-thirds in the past year because of slumping sales, raising the chances of the company’s third writedown since December. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to…
Latest Business Headlines
Fidelity: 401(k) balances grew average 8 pct in 1Q – San Jose Mercury News
by Newswires • • 0 Comments
Fidelity: 401(k) balances grew average 8 pct in 1QSan Jose Mercury NewsBy MARK JEWELL AP Personal Finance Writer BOSTON—Employee 401(k) accounts grew nearly 8 percent last quarter as a surging stock market boosted investment returns and worker contri…
William Black
Bill Black Chats with Dylan Ratigan: Firedoglake Book Salon This Afternoon
by New Economic Perspectives • • 0 Comments
Don’t miss William K. Black on today’s Firedoglake book salon. Professor Black will be chatting with Dylan Ratigan about his new book, Greedy Bastards: How We Can Stop Corporate Communists, Banksters, and Other Vampires …
Bears Chat, Best of the Forums, Must Read
Americans Got Much Poorer Last Quarter
by Bears Chat at The Wall Street Examiner • • 0 Comments
December 8, 2011, 9:04 pm
Americans Got Much Poorer Last Quarter
By CATHERINE RAMPELL
Americans got much poorer last quarter, as their collective household net worth suffered the biggest decline in three years.
The total net worth of American house…
Bears Chat, Best of the Forums
TBAC Sees Slightly Reduced Financing Rest of Q4
by Bears Chat at The Wall Street Examiner • • 0 Comments
TBAC sees slightly reduced financing needs for remainder of Q4. I call bullshit. More in the Wall Street Examiner Professional Edition Treasury update tomorrow.
You are subscribed to All Treasury Press Releases for U.S. Department of the Treasury. T…
Bears Chat, Best of the Forums
14 States where Homeowners are Drowning in Negative Equity
by Bears Chat at The Wall Street Examiner • • 0 Comments
10.9 million homeowners have mortgages underwater according to a new report by CoreLogic.
In Q2, 22.5% of all residential properties with a mortgage are in negative equity i.e. owe more on their mortgages than their home. Just slightly lower than 22….
Bears Chat, Best of the Forums
The U.S. Housing Bust Is Getting Worse
by a Wall Street Examiner • • 0 Comments
Whoa…this looks bad too. In the housing sector, the fed’s ultra-low interest rates are supposed to make it easier to refinance…which is supposed to help firm up prices. But prices haven’t firmed. They’re still giving way.
The latest numbe…
Bears Chat, Best of the Forums
Japan’s GDP shrinks by 1.3%
by a Wall Street Examiner • • 0 Comments
continuation of the Ponzi requires debt markets to continue growing without limits …. who is gonna buy all this new and roll-over debt that needs to find a home? no guidance from the Bernank re: QE3 as it might cause a waterfall decline in debt marke…
