Archive for the ‘DailyNews-Business’ Category

MF Global’s Practices is Like a Foolish Man Who Built his House on Sand

Thursday, February 2nd, 2012

Jon Corzine, CEO of MF Global
 
MF Global was founded in 1870 by a barrel maker named James Man who became a successful supplier of rum to the navy. In 2007 the Man Group came to be MF Global. (more…)

The Lion in Our Winter Paul McCulley

Monday, January 16th, 2012

Paul McCulley, Former PIMCO Managing Director
 
It’s almost like he reluctantly descended from his comfortable mountain habitat to visit us with offerings of wisdom. (more…)

The Icebergs that Threaten the Fed REO to Rent Program

Tuesday, January 10th, 2012

Fed Chairman Ben Bernanke
 
Real Estate Owned homes continually add sludge to an economy struggling to recover. (more…)

At Five O’clock Do You Know Where Your Banker Has Put Your Money?

Friday, December 30th, 2011

Wall Street Bull
 

Banking is inarguably the most prominent component of a country’s economic construct. (more…)

Occupy Christmas: Protest Santa’s Workshop

Sunday, December 18th, 2011

Buy More Stuff, Black Friday 2010

This holiday season many people are choosing to Occupy Christmas. (more…)

Jon Corzine (MF Global) vs. Martha Stewart (ImClone)

Monday, December 12th, 2011

In 2004 Martha Stewart was convicted of conspiracy, obstruction of justice and making false statements.  Though her sentence was light, the conviction wore all of the appearances of bigotry based on a random act of genetics. She was born female.   (more…)

There’s a Euro Banker behind the Curtain Named Goldman Sachs

Tuesday, December 6th, 2011


 

Could the flows of humanity participating in Occupy Wall Street or “Occupy” be the ultimate voice in helping us to understand that fundamental rights of men are being bartered away?  (more…)

Will Germany’s Chancellor Angela Merkel and the Eurobonds be the Antidote to Financial Contagion?

Sunday, November 27th, 2011


 
An amazing turn of global events is happening in the Euro Zone that is threatening to infect the world. (more…)

CHINA: “America Needs To Accept The Painful Fact That The Good Old Days Are Over!”

Saturday, August 6th, 2011

China PM Hu Jintao (AP)

China’s official comment on the S&P downgrade was quick, harsh and condescending. Released through Xinhua, the statement condemned America (more…)

In Greece, “The Fat Lady Is Singing”

Monday, June 20th, 2011

European Central Bank president Jean-Claude Trichet, left, and European Commissioner for the Economy, Olli Rehn, wait for the start of a meeting of the European Stability Mechanism in Luxembourg on Monday. (Virginia Mayo/Associated Press)

The basket case that is the Greek economy and its sovereign debt (the lowest ranked in the world) is playing out like a classic Greek tragedy on the minds of European heads and their finance ministers. (more…)

Germany to Greece: DROP DEAD

Monday, February 15th, 2010

George Papandreou (Greece PM)

Germany Finance Ministry rejects the idea of setting up a special fund to bail out eurozone countries, like Greece, that run into fiscal trouble resulting from domestic budgetary problems that remain at the root of the problem. (more…)

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