It is possible the many people have never heard of this Belgian Bank until recently. Even if you haven’t heard about it until you stumbled upon to this article, you can be forgiven. At the outset, this appears to be a complicated story. Or at least the apologists of the banking crime syndicate will tell […]
This image is put here just for sharing purpose not for any publicity. RIP Sir !!
I really feel sorry for those who believe Sarah Palin is anything more than an empty suite. I really do. Have you noticed Sarah Palin’s childish attack on Chris Christie for getting all the attention from the press? Have you seen her calling “Herb” Cain as the “flavor of the month?” IMO, she simply acts […]
“Being the richest man in the cemetery doesn’t matter to me … Going to bed at night saying we’ve done something wonderful… that’s what matters to me.” -Steve Jobs [The Wall Street Journal, May 25, 1993] Rest in peace, Mr. Jobs. We will miss you, but your legacy lives on. You are a true inspiration […]
Remember this Vanity Fair article: Of the 1%, by the 1% for the 1%? Professor Joseph Stiglitz was at the “Occupy Wall Street” rally and appeared on Lawrence O’Donnel’s show. “Too little regulation of banks and too much regulation of the democratic processes.” Well said, professor! (I don’t agree with everything he said). Watch the […]
——————— Update ————– Senator Dick Durbin said something very very irresponsible on the Senate floor. He encouraged a run on Bank of America! video platformvideo managementvideo solutionsvideo player Does he even understand the consequence of his idiocy? Back in Spring of 2008, Senator Chuck Shumer encouraged a run on the Indy Mac bank and within […]
** Oct 3, 2011: I am re-posting this Feb 2010 post for more light ** Yes, the former Federal Reserve Board Chairman, Greenspan is a crackpot! For over a dozen years, I was passionately making this case to anybody who cared to listen. Even today at lunch, my colleagues were joking with me about how […]
A few weeks ago I mentioned that I would not buy or short Apple stock. I changed my opinion now. Is Apple (the stock, to be precise) to fall from grace? I believe it is. First reason:Economy Yes. The economy sucks. Unless you live on planet Mars, or you are a Federal Reserve Bank governor […]
In an interview with a NY radio station, Mayor Bloomberg mentioned that a revolution will be coming to US soon if the jobs situation doesn’t change quickly. . Watch this video on YouTube . Well, it took less than two weeks for a leaderless, mostly unorganized, protests under the banner “Occupy Wall Street” hit the […]
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Didn’t they tell us that US banks didn’t need any tax payer help after all? Guess what, after swindling the tax payer relief and pretending that tax payers were paid back, the gamblers are at it at again. While the world is focused on European sovereign debt, European banks and Bank of America, a new […]
So far, this week (especially yesterday) we have seen some of the craziest movements in stock prices around the world. To me this is indicating a lot of trouble ahead. FT Alphaville: All is not well in the kingdom of Stanley All is not well in the kingdom of Stanley. The CDS spreads have blown […]
The golden period of economic growth in the US economy. During that time, the financial sector played its rightful role. What is the role of the financial sector in the economy? It is to support the real economy (manufacture of goods, sales and service): by mobilizing savings by allocating those saving to help the economy […]
In the next election I think a majority of the incumbent politicians will be thrown out by the electorate. Until then, people have to settle scores with the elite that caused economic ruin in this country – the Wall Street 9of course, only a symbol). the revolt started, albeit at a miniscule level. Last weekend, a group of peaceful protestors staged “Occupy Wall Street” rally in lower Manhattan. They got more than what they bargained for – a police force which brutalized the peaceful protestors. I’ll let this quote and the videos to explain the rest of the story.
Ladies and gentlemen, I used to be a fairly savvy investor and trader, navigating the ups and downs of the market with varying degrees of success. I found ways to make money, but I also experienced significant losses, mainly due to my high-risk tolerance. It’s worth mentioning that my approach involves a considerable amount of […]
Follow-up to Alessio Rastani’s BBC Interview. Just a few mins after Alessio Rastani’s interview was posted on ZeroHedge, I linked it on Telugbole and said this: I believe that in the ensuing weeks and months, this short interview on BBC will be much talked about. In a very candid manner and in simple language, trader […]
