Testy Tuesday ��� Drifting into the End of Quarter | Phils Stock.
EU banks took a big hit as newbie EU Finance Minister Jeroen Dijsselbloem got a fine lesson in learning NEVER to speak the truth in front of the media when he let slip to the FT and Reuters: Now were going down... As far as budget deficits are concerned, they are looking at 6% in 2013 and 5.9% in 2014! So much for.. President Barack Obama yesterday signed the FY 2013 funding bill into law, one day before the previous financing measure was due to expire.
global glass onion: week ending July 21
The last time retail sales took a quarter-long skid was in 2008, as the financial crisis was in full swing and the economy was in a recession that spanned from December 2007 to June 2009. Economists... Demand for U.S. bonds and the dollar has bolstered President Barack Obamas ability to fund a budget deficit forecast to exceed $1 trillion for the fourth straight year, and helped Federal Reserve Chairman Ben S. Bernankes efforts to keep borrowing cost low.
Olint Ponzis Boss David Smith gets 30 years | Real.
One politician, Errol Ennis, a former minister of state in the Finance ministry, described the raid, on OLINT at the time, as a vulgar abuse of power by the state... Orane quoting President Barak Obamas Chief of Staff Rahm Emanuel said ���Never let a crisis to waste��� it would be a shame for Jamaica to let this crisis go to waste as it presented the perfect opportunity to make the hard decisions and then.. Word is that he has been unmasked and the axe is poised to fall.
global glass onion: week ending Mar 30
President Obama considering putting social insurance cuts in his budget - The New York Times and Wall Street Journal are reporting that President Obama is strongly considering including cuts to social insurance program... Berkshire Hathaway Inc. is poised to become one of Goldman Sachs Group Inc. (GS)s largest shareholders without paying anything after the companies agreed on a plan to settle warrants granted at the height of the 2008 financial crisis.
global glass onion: week ending July 16
���At the same time or sometime thereafter, the Committee will modify its forward guidance on the path of the federal funds rate and will initiate temporary reserve-draining operations aimed at supporting the implementation of increases in the federal.. unveiled a proposal that would allow President Barack Obama to raise on his own the federal borrowing limit by $2.4 trillion in three installments before the end of 2012, unless two-thirds of Congress votes to block it.