The plight of natural gas driller Chesapeake Energy could almost make you feel sorry for CEO McClendon. He lost his chairmanship after his conflicted entanglements and an in-house hedge fund had seeped out. The company announced it may run out of cash…
Tag Archive for Shortfall
Bruce Krasting, Contributors- Economic and Financial, Must Read
Betting on the race to the bottom
by Bruce Krasting • • 0 Comments
On Monday and Tuesday the market’s attention will be on the USA and the negative economic implications of the Nonfarm payroll (NFP) miss. Market eyes will also be focused on the bond markets in Italy and Spain. As of last Thursday, Europe seemed to b…
Bruce Krasting, Contributors- Economic and Financial, Must Read
Social Security – Good News, Bad News
by Bruce Krasting • • 0 Comments
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The Good News
Social Security (SS) has released estimates for both payroll tax revenues and benefits paid for April. The results are adjusted for the 2% payroll tax reduction. (The Treasury pays SS monthly for the shortfall.) The numbers tell a…
Latest Business Headlines, Lee's Free Thinking
Treasury 49-Day Bill Evidence of Growing Tax Shortfall
by Lee Adler • • 0 Comments
Tax receipts are not keeping up with the Treasury Borrowing Advisory Committee (TBAC) forecast.
Bears Chat, Best of the Forums
Spend, Spend, Spend
by Bears Chat at The Wall Street Examiner • • 0 Comments
As the economic slump that began in 2007 continues, the question persists: Why? Unless we have a better understanding of the causes of the crisis, we can’t implement an effective recovery strategy. So far, we have neither.
We were told that…
Bears Chat, Best of the Forums
Analysis: Stagnant U.S. jobs market bodes ill for world conomy
by Bears Chat at The Wall Street Examiner • • 0 Comments
Analysis: Stagnant U.S. jobs market bodes ill for world conomy
On Thursday September 29, 2011, 9:57 am
By Alan Wheatley, Global conomics Correspondent
LONDON (Reuters) – Record-high long-term unemployment is testing politicians and central bankers to…
Bears Chat, Best of the Forums
GM’s Pension Shortfall could be Bigger than its market cap
by Bears Chat at The Wall Street Examiner • • 0 Comments
General Motors is expecting a $35 billion pension shortfall that could delay share buyback or payments to shareholders, according to Bloomberg. The shortfall trumps the automaker’s market cap which fell to $33.1 billion last month.
GM which emerged …
Bears Chat, Best of the Forums
Mystery trader captures 80pc of London’s copper market
by a Wall Street Examiner • • 0 Comments
Mystery trader captures 80pc of London’s copper market
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The large position is not the only reason the copper price is high.
There are fears of a shortfall in supply next year, as mining production is not expected to keep pace with rebounding d…