"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
I don’t think they had any choice. The Board determined that, in current circumstances, a disorderly failure of AIG could add to already significant levels of financial market fragility and lead to substantially higher borrowing costs, reduced household wealth and…
The Telegraph UK has an extraordinary video Interview (and accompanying article) with British private equity banker John Moulton. He is amazingly frank and blunt about the current financial debacle. It’s the worst crisis he’s seen in his “lengthy career.” The…
Weren’t the financial zombies supposed to be dead and buried, with all the problems magically fixed? That’s what mainstream media told us for months. Everything is fine, just fine, just a few little speeds bumps that’s all. But then, whoa,…
Jim Kunstler on the current financial crisis So, to begin this process, and to clarify the situation, I urge readers of this blog to identify the Republican Party by its new brand-name: the party that wrecked America. At least, then,…
And this is all on a Sunday. I’m guessing a whole lot of brokers, traders, and Wall Street types will be at the office way early tomorrow. Or maybe they’re already there now. DOW futures are down almost 3% as…