Category Archives: Financial

Financial Roundup (Attention: Not for the Faint of Heart

Let’s see what happy news we have today. This guy gives 30 reasons why we will be in Great Depression 2 by 2011 (Look at his picture. Why is he smiling?). Foreign autos are piling up at the dock in … Continue reading

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If You Have to Deny Rumors of Liquidity…

…in this financial environment, you are as good as saying that there are liquidity problems (this time in England).

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Worse Than 1929?!?

Here’s a nasty piece to ponder. Will it be worse than 1929? Search me, but it’s pretty bad already and going to get worse.

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More Fallout from the Banking Mess

Florida has a fund that invested in mortgage backed securities because the offerings were rated AAA and provided a higher return than a money-market fund. Unfortunately, the fund has lost money (with probably more to go) so all of the … Continue reading

Posted in Financial, housing | Leave a comment

Banks Try to Hide Losses

An interesting article analyzing the giant fund that banks have set up at the behest (and in cahoots with) the U. S. Treasury Department. A must read.

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Hedge Fund Collapse

Two hedge funds are on the virge of collapse at Bear Stearns. It would take too long to explain all the ins and outs of this problem, but here is what you need to know. The banking industry (and government) … Continue reading

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The Next Finanical Meltdown

This is an article pointing back to the past for a possible template as to how a terrorist act might affect the financial markets. It has been obvious to me for a long time that the financial markets are under … Continue reading

Posted in Financial | 1 Comment