Tags: China + Currency Manipulator + Economy + Geithner + investing + Treasury
AP News has just reported that the American Chamber of Commerce in China has issued a report that US companies are finding it more difficult to do business in China, particularly in certain domestic sectors. It seems that we had better be careful what we wish for and realize actions have consequences. The US has [...]
April 2, 2010 - Economy, Markets, Politics - 0 Comments
Tags: Bailout + Barney Frank + China + Congress + Economy + Federal Reserve + Geithner + Goldman + Paulson
Former Treasury Secretary Hank Paulson is spending an inordinate amount of time defending his actions and honor. Using the tools he honed to climb to the top of Goldman Sachs he side-steps his faults and steers conversations to other places. At the Community of Conerned Journalists in New York yesterday (Economist Magazine Report) Mr. Paulson [...]
March 3, 2010 - Politics - 0 Comments
Tags: Bailout + Banks + Blankfein + China + Federal Reserve + Geithner + Goldman + Paulson + Treasury
Goldman Sachs is gaining infamy. When Hank Paulson (former head of Goldman Sachs) headed Treasury and Tim Geithner was at the NY Fed, Goldman apparently got about whatever it wanted including bailouts, favorite son treatment–100 cents on the dollar restitution on AIG derivatives, a Banking Charter, and if my suspicions are correct backdoor payments [...]
February 18, 2010 - Politics - 0 Comments
Tags: China + Economy + Foreign Policy + Interest Rates + obama + Russia + Stocks
President Obama has now twice rankled the Chinese by making decisions that China believes are not supportive of its One China Policy. With his latest overture to meet with the Dalai Lama whom the Chinese government considers a separatist exile seeking support of an independent Tibet, President Obama is rubbing salt in a festering womb. [...]
February 3, 2010 - Economy, Markets - 0 Comments
Recent Comments