Thursday, February 2nd, 2012

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…)
Tags: Corzine, JP Morgan, MF Global
Posted in Business, DailyNews-Business, Economy, Euro, Europe, MF Global, President Obama, Republicans | No Comments »
Monday, January 16th, 2012

It’s almost like he reluctantly descended from his comfortable mountain habitat to visit us with offerings of wisdom. (more…)
Tags: GIC, International Monetary Fund, Occupy Wall Street, Paul McCulley, PIMCO
Posted in Business, DailyNews-Business, Economy, Euro, Governance, International Monetary Fund, Occupy Wall Street | No Comments »
Tuesday, January 10th, 2012

Real Estate Owned homes continually add sludge to an economy struggling to recover. (more…)
Tags: Bernanke, Current Events, Economic Conditions and Trends, Economy, foreclosure, Homeowners, Mortgage, REO
Posted in Business, DailyNews-Business, Foreclosure | No Comments »
Friday, December 30th, 2011

Banking is inarguably the most prominent component of a country’s economic construct. (more…)
Tags: Bankers, euro, Euro (Currency), Glass-Steagall Act, Money Market Funds, Occupy Wall Street, United States Economy, Wall Street (NYC), wealth
Posted in Americans, Barack Obama, Business, Civility, Conservatives, DailyNews-Business, Democrats, Economy, Euro, Europe, G8, Governance, International Monetary Fund, liberals vs. conservatives, News, Occupy Wall Street, Occupy Wall Street, Politics, President, President Obama, Republicans, society, Wealth, World | No Comments »
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…)
Tags: Corzine, Goldman Sachs, Martha Stewart, MF Global
Posted in Americans, AP, Business, Civility, DailyNews-Business, Hypocrisy | 1 Comment »
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…)
Tags: breaking news, Economy, euro, Goldman Sachs, Merkel, Occupy Wall Street
Posted in Business, DailyNews-Business, Economy, Euro, Governance, Merkel, Occupy Wall Street, Opinion, Opinion-Business, Opinion-Politics, Power, S&P | No Comments »
Sunday, November 27th, 2011

An amazing turn of global events is happening in the Euro Zone that is threatening to infect the world. (more…)
Tags: Current Events, Economic Conditions and Trends, Economy, Euro (Currency), Eurobond, Financial Contagion, Merkel
Posted in Business, DailyNews-Business, Euro, Governance, Merkel, News, Politics | 1 Comment »
Saturday, August 6th, 2011

China’s official comment on the S&P downgrade was quick, harsh and condescending. Released through Xinhua, the statement condemned America (more…)
Tags: Barack, breaking news, Credit and Debt, Current Events, Obama, S&P
Posted in Business, China, DailyNews-Business, S&P | No Comments »
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…)
Tags: Current Events, finance, Greece Bailout, Greek Debt, Markets, Politics, Politics and Government, worldNews
Posted in Business, DailyNews-Business, Opinion, Opinion-Business | No Comments »
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…)
Posted in DailyNews-Business | No Comments »