Icelandic journalist Omar Valdimarsson tells how the US gave Iceland the finger! The interviewer wonders if there us any "unease" in Iceland about accepting financial assistance from Russia. Not at all explains Omar,...
A website that has been set up to illustrate John McCain's involvement in the S&L crisis has been getting a lot of attention lately. It's worth a watch."The current economic crisis demands that we...
highlighted by mtippett | 14 hrs ago | updated 14 hrs ago 16 views | 0 comments
"Is Russia deliberately taking advantage of this economic situation in order to gain a military stonghold in flying/firing range of the US? Even if there was no aggressive intent it would be an enormous propaganda...
Corporate national socialismThe Bailout program, just started turns into worldwide socialism competition. First waste the money, second kill all innovative competition with mergers. If you finally are bankruptcy ask...
"Student cashes in savings after private loan falls through"By Emanuella Grinberg CNN ATLANTA, Georgia (CNN) -- Eric Hahn thought his financial situation was set after he was approved for a private student loan with an 8 percent interest rate to supplement his federal...
"The financial meltdown on Wall Street is more than a cyclic correction brought on by a mismanaged business cycle. It is emblematic of a problem at the very foundation of the right wing economic philosophy that...
highlighted by jadeb | 3 wks ago | updated 3 wks ago 187 views | 1 comment
Leading American Insurance company American International Group Inc. is in the bad shape and likely to file for bankruptcy. However they have been allowed to use $20 billion of assets held by its subsidiaries...
highlighted by Sanjay Jha | 3 wks ago | updated 3 wks ago 445 views | 7 comments
How many regulators does it take to stop a domino from falling? We'll see..."US authorities were on Monday fighting a fresh fire in the crisis on Wall Street, throwing a $20bn lifeline to AIG while convening a...
highlighted by mtippett | 3 wks ago | updated 3 wks ago 193 views | 2 comments
Think, 'Will the repair or improvement make the house more profitable?'" House flipping is a stress-filled business. Because profits are actually realized ...
Washington Mutual has had another miserable quarter. This isn't surprising since a significant portion of their revenues are from mortgage loans. What is surprising is that they haven't undertaken to refinance some of these loans rather than write them down. The most...
Marl just picks up Penny Stocks from a list. The price per share of this stock is also very less (in between 0.10 to 10$ etc). In general such stocks are highly volatile and they always trades with high volume so...
Updates: "Morales, Lula and Chavez sign agreements to build roads of integrationRiberalta (Beni), July 18 (ABI).- Presidents of Brazil, Luiz Inacio Lula Da Silva; Venezuela, Hugo Chavez Frias and Bolivia,...
IndyMac Bancorp Inc. became the second-biggest federally insured financial company to fail today after a run by depositors left the California mortgage lender short on cash. "FDIC Establishes IndyMac Federal Bank,...