Tags: Banks + Federal Reserve + JP Morgan + obama + TARP + Treasury + Wells Fargo
Enthralled deep into the credit crisis of their own making, banks have their hands out for more bailout money and are sticking together to dictate terms of acceptance from our Government. This may be the epitome of arrogance, but cartels have that power. For example, banks have refused loans with caveats not to pay dividends or […]
November 18, 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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