U.S. Downgrade Slams Stocks Worldwide- Breakout Stocks are getting slammed, reportedly in response to Standard & Poor’s downgrade of the U.S. credit rating from AAA to AA+. But S&P’s downgrade isn’t the only culprit. Welcome to the new world disorder- The Daily Ticker U.S. debt remains ‘gold standard’- WSJ AIG sues BofA for billion alleging […]
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Spitzer had an advantage over his counterparts in other states and at the SEC. Federal agencies are confined to very narrow jurisdictions. The SEC looks into securities issues, the Federal Trade Commission deals with antitrust matters, and the Justice Department prosecutes fraud. But Spitzer functions as a one-stop prosecutorial and regulatory shop. He can indict […]
Anyone heard of this? Apparently the fraud from the banks and the AIG mortgage backed securities have made it possible to tell the bank to " produce the original note " which they cannot because they decided to sell notes and bundle them in back securities in the stock market. And we all know what […]
CitiGroup ready to go under after $300 Billion Bailout: Did the Gov. Waste the Bailout and ) your Taxes?
CitiCorp announced several days ago that Financial giant Morgan Stanley was acquiring struggling Financial Management Co. Smith Barney (they make money the old fashion way…) Experts now say Citi is struggling mightily to keep its stock above a share, and say CitiGroup will divest a whooping 0 BILLION in assets in an attempt to SURVIVE! […]
Lets see Stock market bottomed out at 6500 and was around 8800 when obama took office. Since then it’s been stuck at 10 thousand and has had very unstable data. Even with is 0 billion stimulus spending (that doesn’t include the additional 120-150 billion he spent bailing out GM Chrysler and Teachers jobs for 1 […]
Millions of people have had their lives decimated while the money guys have gotten richer and richer. I’m not talking just about swindlers like Madoff, I’m talking about mortgage swindlers and AIG executives, bankers and traders, though the Madoff types should be included. If we allot a dollar value to a human life, like forty […]
NEW YORK (CNN) — Attorney General Andrew Cuomo announced Thursday he is looking into whether traders spread false information in an effort to drive down certain stock prices amid the recent turmoil on Wall Street. The state attorney general said his probe will focus on whether traders spread rumors about firms such as Lehman Brothers, […]
Hi What are your opinion on Ford and AIG stocks? _________________________________ I realize that everyone thinks the BIG THREE is gonna die!!! But the reality is that they are not!!! Especially FORD! The new president is gonna keep on funneling money into the auto industry and rise tariffs on imports plus the fact of the […]
why the charade of constantly giving these crooked business …and we know they are crooked and have larceny in their heats…..why do these politicians give them latitude to make more bad decisions that are against the country’s interests…stealing from tax payers ..and then come back later trying to shame them and say what they should […]