Secret Fed Loans Gave Banks Undisclosed $13B
So here’s what I got from this.
Howard Opinsky, a spokesman for JPMorgan (JPM), declined to comment about Dimon’s statement or the company’s Fed borrowings. Jerry Dubrowski, a spokesman for Bank of Amer…
..Apocalypse Now? Markets Tumble as Europe Approaches “Tipping Point”
..By Aaron Task
Global stocks and commodities tumbled Thursday amid a string of disappointing conomic reports and fears of meltdown in Europe’s banking system.
“The rapidly bu…
Well, for me it’s a continuation of the insane interest rate chart trend, shown below.
Really, if someone would have told me that in 2011 the U.S. will have racked up $15 trillion in sovereign debt (plus another hundred trillion in “off the books” obl…