Wall Street Pay Rebounds
Ladies and gentlemen, Since Jan 2009, Obama and the Democratic Congress delivered only to one group thus far: Wall Street! The following is from the…
Business
Realization About Universities of Fraud – It is About Time
For years I have been talking about the fraudulent practices at certain for-profit and publicly traded ‘universities.’ Finally the public is waking up to this…
Implications of the Foreclosure-Gate
Not even for a second think that the unfolding foreclosure-gate is a small problem. Last week a California family (Squatters, Danielle and Jim, reclaim their…
Robo-signers: Mortgage Experience not Necessary (Yahoo)
This news will make you wonder if there is any trust left in the banking system in USA. [AP Story Via yahoo] Michelle Conlin, AP…
Windows 7 Phone
Folks, Microslowsoft finally released that Windows 7 phone. Well its not a phone its an operating system platform. Just like the Android. HTC,LG,Samsung and Dell…
Factory of Fraud: Foreclosure Gate in Plain English
On the Oct 8th show, I talked about the Foreclosure Gate and the rampant fraud committed by the banks in illegally foreclosing homes in the…
Janet Tavakoli: The Biggest Fraud in the History of Financial Markets
Yesterday (Oct 8) on my TORi show I mentioned about the foreclosure-gate. Janet Tavakoli call it ‘the biggest fraud.’ She is one of the most…
There is No Honor Among These Thieves
His name is Jerome Kerviel. He was a trader at Societe Generale, a French bank which did speculative trading as its main business along with…
What is POMO King Ben Upto?
POMO stands for permanent open market operations by the US federal Reserve Board. With a POMO, the Fed buys the US Treasury debt and pumps…
“The Big Picture” of Incomplete Housing Projects
Boston Globe features a photo essay (The Big Picture) on a number of huge and unfinished housing projects in Florida. My jaw dropped when I…
Savers, Stop Whining! (No, This is Not a Joke)
This comes to you via UK’s Telegraph: Savers told to stop moaning and start spending Savers should stop complaining about poor returns and start spending…
CNBC Europe is More Credible Than CNBS US
This comes to you via Zero Hedge: First Griffiths dissects POMO: “One of the reasons [for the surge] is POMO: what happens is the Fed…
BlackBerry PlayBook, Yet an other tablet.
Good to see the progress in tablet market. Specifications and build looks appealing but common RIM do you really have to come up with an…
Housing Market: Is it Time to Buy?
I received an e-mail today about housing market: Please talk about your predictions about housing market (both for buyers and sellers)…. I said on the…
Manufacturing in US is Officially Dead: Turn the Lights Off
Yes. Manufacturing in US is officially dead. Turn the lights of, literally! Washington Post: Light bulb factory closes; End of era for U.S. means more…