Tags: AIG + Bailouts + Barney Frank + Christopher Dodd + Economy + Geithner + investing + Markets + Stimulus + Treasury
About six months back, Business Week reported that influencial Democrats were at the head of the line as recipients of the Financial Industry lobbyist money. Both Congressperson Barney Frank who is Chariman of the House Financial Services Committee and his counterpart in the Senator, Christopher Dodd who is Chairman of the Committe on Banking, Housing and Urban Affairs dismissed any [...]
July 23, 2009 - Politics - 0 Comments
Tags: AIG + Economy + Federal Reserve + Investing XLF + Morgan Stanley + Treasury + WaMu
Last night the central bankers huddled and decided to inject $240 billion into the worldwide banking system in an attempt to thaw the credit lending freeze—a result of the turmoil engulfing Wall Street and risky banks. This liquidity move addresses any shortage of capital to lend, but not the issue of trust that has been [...]
September 18, 2008 - Economy, Politics - 0 Comments
Tags: AIG + Bailout + Democrat + Election 2008 + Federal Reserve + Freddie Mac + Lehman + McCain + obama + Republican + Treasury
Capitalism is an economic system prefaced on risk and reward and inherent in this system is the reality that failure and loss potentially may occur just as profits and gains may. The hybrid model of Capitalism the US has
September 17, 2008 - Economy, Markets, Politics - 0 Comments
Tags: AIG + BOA + Federal Reserve + Lehman + Merrill + Treasury + Washington Mutual + Wells Fargo
Investors have lost confidence in Lehman and bailed out of its stock driving its price from $80 a share in January to $3.56 a share at the close of the market this past Friday. The financial crisis of confidence at Lehman arises from its fixed income securities and real estate
September 15, 2008 - Economy, Markets, Politics - 0 Comments
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