CBS NewsJPMorgan sued over employee retirement plan lossesReutersBy Jonathan Stempel (Reuters) – JPMorgan Chase & Co has been hit with a lawsuit brought on behalf of employees whose retirement holdings fell in value after the largest US bank reveal…
Tag Archive for Retirement Funds
Contributors- Economic and Financial, James Howard Kunstler, Must Read
A Fog of Mendacity
by James Howard Kunstler • • 0 Comments
Those frightening sounds, sights, and odors on the wind this foreboding snowless winter – like emanations from some back ward of a global psychiatric hospital – are the signs of a nation going completely mad. The traumatic rise of oil prices above the $100 level is one irritant, prompting a range of people-who-oughta-know-better to gibber and fulminate as though they’d been locked in the nation’s attic since Thanksgiving with nothing to do but…
Lee's Free Thinking, Liquidity Trader, Professional Edition
Fed Transparent Only If The “Facts” Are Bullish
by Lee Adler • • 2 Comments
Liquidity indications have remained neutral over the two weeks since I last updated this report. Panic outflows from Europe boosting theUSsystem seem to have taken a breather, or been covered up, in the wake of the massive ECB liquidity operation just before Christmas. However, other indicators which had been bearish such as bank purchases of…
Bears Chat, Best of the Forums
How A Default Could Devastate The Country
by Bears Chat at The Wall Street Examiner • • 0 Comments
Among the growing signs that the U.S. is bracing for the possibility of default:
Treasury Secretary Timothy Geithner and Federal Reserve Board Chairman Ben Bernanke met Friday for 90 minutes to begin contingency plans for preventing a default fro…
Bears Chat, Best of the Forums
Rattner (Obie’s auto czar) fined $10 million for pension fund fraud scheme
by a Wall Street Examiner • • 0 Comments
TPM link
What scares me is that, instead of being prosecuted, these guys are hand-picked for key posts in the federal govt.
How do we ever get our govt back on track?
Excerpt:
Let’s start with Obama car czar and billionaire money manager Steve Ra…
