[Bernardo]

And who is responsible for that?

[lotuseclat79]

Court orders Fed to release bailout documents.

This should be interesting and juicy!

-- Tom

[Bernardo]

Fire the messenger:

MARCH 20, 2010.Lehman Insider's Letter Warned About Violating Code of Ethics
Top Executives Told Firm Misled Investors on Assets; Problems in Mumbai

http://online.wsj.com/article/SB1000...googlenews_wsj

[Littlefield]

Originally Posted by lotuseclat79

Court orders Fed to release bailout documents.

This should be interesting and juicy!

-- Tom

Yea, you can thank the Fox News Network if the FED decides to give up without an appeal

[poochee]

For investors, there's still plenty of reasons to be cautious
Turning in the right direction, hopefully will continue!
By Frank Ahrens
Washington Post Staff Writer
Sunday, March 21, 2010

Stocks hit some significant recovery milestones last week. Is it time to break out the top hats and champagne?

Not quite, especially if you watched the market dip Friday. Traders continue to worry about the unresolved problem of Greece and the even bigger potential problem of whether Europe can function as a one-currency union.

But last week's milestones, which come just a little more than one year after the stock market bottomed last March, tell us that our portfolios and retirement accounts are about three-quarters of the way back to where they peaked in October 2007. Looking forward, they are a sign that traders and other investors are starting to believe in the markets again.

Wall Street has been feasting on tasty economic data of late and is hungry for more. The Street is hopeful for a slight decline in unemployment when the March jobs report comes out in early April. The rise in February retail sales, despite the month's heavy snows, represented the third consecutive month of gains and the fifth positive month of the past six. Retail sales and factory output in struggling Japan even continued to rise in February, which has cheered markets here. And despite increasing currency hostilities with China, Asia is not the problem. Europe is.

http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

[Bernardo]

Originally Posted by poochee

For investors, there's still plenty of reasons to be cautious
Turning in the right direction, hopefully will continue!
By Frank Ahrens
Washington Post Staff Writer
Sunday, March 21, 2010

Stocks hit some significant recovery milestones last week. Is it time to break out the top hats and champagne?

Not quite, especially if you watched the market dip Friday. Traders continue to worry about the unresolved problem of Greece and the even bigger potential problem of whether Europe can function as a one-currency union.





http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

And only 7 bank failures.............



http://www.fdic.gov/bank/individual/.../banklist.html

[ekim68]

It wasn't us

Alan Greenspan and Ben Bernanke still do not believe monetary policy bears any blame for the crisis.

http://www.economist.com/business-fi...ry_id=15719180

[xico]

Financial Crisis: The Next Big Bank Bailout is on the Way


By Mike Whitney

URL of this article: http://www.globalresearch.ca/index.p...t=va&aid=18160

Global Research, March 17, 2010
Information Clearing House - 2010-03-16


Housing is on the rocks and prices are headed lower. That's not the consensus view, but it's a reasonably safe assumption. Master illusionist Ben Bernanke managed to engineer a modest 7-month uptick in sales, but the fairydust will wear off later this month when the Fed stops purchasing mortgage-backed securities and long-term interest rates begin to creep higher. The objective of Bernanke's $1.25 trillion program, which is called quantitative easing, was to transfer the banks "unsellable" MBS onto the Fed's balance sheet. Having achieved that goal, Bernanke will now have to unload those same toxic assets onto Freddie and Fannie. (as soon as the public is no longer paying attention)

Bernanke's cash giveaway has helped to buoy stock prices and stabilize housing, but market fundamentals are still weak. There's just too much inventory and too few buyers. Now that the Fed is withdrawing its support, matters will only get worse.

Of course, that hasn't stopped the folks at Bloomberg from cheerleading the nascent housing turnaround. Here's a clip from Monday's column:



For More click on the link above.

Blame, Mike? LOL This is the shaking of the bins, getting rid of the weak ones, and pocketing the excess. The crisis is manufactured to scalp middle class dreams.

[ekim68]

The Anti-Savings Model – Offer 0.1% APY on Savings Accounts and Charge 15% on Credit Cards. A System Designed to Punish Savers and Encourage Extravagant Spending via Usury.

U.S. Banks have a solid incentive, dipped in gold, to keep people in a perpetual state of paying rent on debt while not saving a shiny penny. In fact, their ideal state of financial equilibrium for Americans would be one in which people spent every single penny from their earnings reaching the end of the month like a pauper showing snake eyes in their savings account. This unfortunate banking structure has also been fostered by decades of government banking welfare for an entrenched corporatacracy. Now it is no responsibility of the government or banks on how people choose to manage (or mismanage) their money but when taxpayer money is used to subsidize the banking structure it is important to setup a system that is both fair and beneficial to the overall economy. That should be a minimum requirement.

More

Where's my wallet?

[Bernardo]

Originally Posted by ekim68

Where's my wallet?

In the politicians pocket...........need you ask?

[xico]

s

[xico]

s

[ekim68]

Originally Posted by Bernardo

In the politicians pocket...........need you ask?

Well good, at least it isn't lost...

[aka Brett]

Originally Posted by Bernardo

Better late than ever

Some things are worth repeating

[aka Brett]

Originally Posted by Bernardo

Better late than ever

The liberals love to call everything old,that is important and wrinkles their paper bag