Worst Crisis Since '30s, With No End Yet in Sight »
Posted By TechnologyExpert 1 year, 2 months ago in Business & FinanceThe financial crisis that began 13 months ago has entered a new, far more serious phase.
Lingering hopes that the damage could be contained to a handful of financial institutions that made bad bets on mortgages have evaporated. New fault lines are emerging beyond the original problem -- troubled subprime mortgages -- in areas like credit-default swaps, the credit insurance contracts sold by American International Group Inc. and others. There's also a growing sense of wariness about the health of trading partners.
Read Full Story at online.wsj.com »
433 Views Share Story 11 Comments Report
Submitted By:
TechnologyExpert
I am Editor-in-Chief at Alice Hill's RealTechNews (http://www.realtechnews.com). I also have my own blog (Tech-Ex) at http://TechnologyExpert.Blogspot.com. Finally ...
Who Also Submitted:
RSS Join the Discussion
+ Add CommentComments So Far: 14 (view all)
-
-
ekklesiawarriorComment removed: Hard Banned1 Reply
-
-
60%
quackpot1 year, 2 months ago
This comment is below the standard viewing threshold View It »
Bush has been borrowing and printing for the past seven-plus years.
Reply
Pumping the economy higher and higher with each artificial injection of more cash until......
The only thing left to do is to borrow even more from the unborn - hey, who cares? The unborn don't vote!
-
-
89%
sanyi_oradea1 year, 2 months ago
This comment is below the standard viewing threshold View It »
Should have been done years ago. Stopping short sales permanently. It was a tool used by the KKK type financial giants, to manipulate stocks against small companies or even individuals ! They just put on the "white sheets secret communication codes" and entered into the lynch mob mode.
Reply
The first who practiced this, was the Morgan of the 1800's, destroyed anyone in his way, reluctantly selling his own
and everybody else's stocks. With naked selling, theoretically is possible to sell more stocks that have been ever issued.
Another thing that should have been done years ago is, to reinstate every law that was created in the 1930's to protect the stack market from a crash. These laws have been literarely
"stolen" by those who were running things since the Clinton administration. It is evident today, that they were habitual gamblers, a mental illness that prevented them to make proper and good logical decisions about anything regarding the stock
market.-
75%
Engnr1 year, 2 months ago
This comment is below the standard viewing threshold View It »
I agree with you. I have been in the stock market for many years and have never resorted to Short sales, it seems to me as un-American. I am not sure if they can really stop short sales as they could be conducted outside the market, but it would be more difficult. Of course we all know the Stock market is just legalized gambling.
Reply
-
-
-
Neutral
miklkit1 year, 2 months ago
This comment is below the standard viewing threshold View It »
Reaganomics in a visual.
Reply
http://www.brillig.com/debt_clock/faq.html -
Republicrat1844Comment removed: Retracted by user
-
Neutral
julesamen1 year, 1 month ago
This comment is below the standard viewing threshold View It »
If there is looming major collapse on the horizon. The question becomes how does one survive in such a climate.
Reply
http://www.wesmokemarijuana.com
More News
Daily Finance
Why China can't make bold carbon pledges: Rogue provinces
Making online media pay: Demand Media vs. The Texas Tribune
The Dow dives more than 150 points on Dubai's debt crisis
High-speed travel: Employers push one-day business trip to avoid hotel costs
Psst, have you heard? A backer dishes on social media upstart Watercooler
Add a Comment
Sign In With Your Propeller Account
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.