Talk about ceilings everywhere!
These days we are hearing the word ceilings everywhere. There is this big hue and cry about debt ceiling and a couple of years…
Bailout
Devil Reciting Bible Verses
Tax evader and Treasury Secretary Geithner is singing “I understand your pain” mantra. దెయ్యాలు వేద మంత్రాలు వల్లించడం అంటే ఇదే. Take a look. Visit msnbc.com for…
Citibank didn’t have Enough
Citibank neither had enough, nor do they think that they gave us, the citizens enough of their crap. In the Mexican peso crisis of 1994-1995…
Greece Bailout
Today the Eurozone leaders have announced some sort of a rescue plan for debt burdened Greece. The pledge failed to calm fears. Experts I follow…
BBC Report: ABCs of Greece Economic Problems
As I have alerted earlier on this blog that the epicenter of a new financial storm is currently centered in PIIGS countries – specifically, Greece….
Greek in Plain English: To Bailout or Not to Bailout
In the next few weeks we will be hearing a lot about sovereign debt crisis for Greece. Debt crisis is derivatives crisis. Derivatives are Greek…
Explaining AIG: Leave it to Stewart
Two years of business school education, and decades of experience in dealing with worthless securities is not enough to understand the complexities behind AIG bailout….
Goldman, AIG and NY Fed Hearings Preview
It has been widely reported that Goldman Sachs got a sweet-heart deal from the bailout arm of the US Treasury, courtesy the then Treasury Secretary…
Give What We Want or Else…
It is irrelevant which party is in power, the modus operandi is the same. Give us what we want, or else markets will tank! What we know from this process is that it is not the elected officials who are in charge. This is no democracy. This is an oligarchy. A bunch of fat cat bankers and large corporations are in charge. Not the Congress. Not the President.
This Guy Shoud be Prosecuted
This news is at least 10 days old. But it is important enough to share with you. [This story is a bit of an extension…