Germany gets nervous – asks (warns?) US to find solution on Lehman by Chris Martenson Just a little more context for the brewing Lehman situation. Germany gets nervous – asks (warns?) US to find solution on Lehman by Chris Martenson Just a little more context for the brewing Lehman situation.
Barclays Emerges as a Leader In Talks Over Lehman Brothers by Chris Martenson Ah, heck, I go to all the trouble to write up my thoughts, and then the WSJ puts out an article that I could have simply posted instead. All the major points are covered here: Barclays Emerges as a Leader In Talks Over Lehman Brothers by Chris Martenson Ah, heck, I go to all the trouble to write up my thoughts, and then the WSJ puts out an article that I could have simply posted instead. All the major points are covered here:
Lehman talks extend to third day by Chris Martenson The Lehman Bros. talks have not yet resulted in a solution. A rabbit had better be pulled out of the hat prior to the open of the Asian markets, or there are going to be some additional management problems inserted into the mix. Here’s my read on this fast-developing situation. Lehman talks extend to third day by Chris Martenson The Lehman Bros. talks have not yet resulted in a solution. A rabbit had better be pulled out of the hat prior to the open of the Asian markets, or there are going to be some additional management problems inserted into the mix. Here’s my read on this fast-developing situation.
N.Y. Fed calls meeting to forestall Lehman collapse by Chris Martenson This weekend, financial and government officials are furiously seeking a solution to the bankruptcy of Lehman Brothers, and, I would suspect, Washington Mutual. The financial crisis is now officially at the dangerous stage, where any slight miscalculation or misstatement could send the markets into crash mode. This deserves your very highest attention. N.Y. Fed calls meeting to forestall Lehman collapse by Chris Martenson This weekend, financial and government officials are furiously seeking a solution to the bankruptcy of Lehman Brothers, and, I would suspect, Washington Mutual. The financial crisis is now officially at the dangerous stage, where any slight miscalculation or misstatement could send the markets into crash mode. This deserves your very highest attention.
Fannie Raises $7 Billion in Largest Single Debt Sale by Chris Martenson Say, that sounds pretty favorable. "Largest single debt sale." And there’s more good news, because they got a pretty good price – the best since June according to the article. But wait, what’s this? Fannie Raises $7 Billion in Largest Single Debt Sale by Chris Martenson Say, that sounds pretty favorable. "Largest single debt sale." And there’s more good news, because they got a pretty good price – the best since June according to the article. But wait, what’s this?
Understanding the Government “Deficit” by Chris Martenson There is some confusion about what constitutes the federal deficit. Below I explain the differences between what is reported and what is really happening. Understanding the Government “Deficit” by Chris Martenson There is some confusion about what constitutes the federal deficit. Below I explain the differences between what is reported and what is really happening.
The Real Reason Commodities are Tumbling by Chris Martenson I happen to fully believe that our markets are being largely influenced by official acts, both overt and covert. My logic is simple; where motive and opportunity co-exist, the burden of proof shifts to the accused. The Central Banks and the Treasury had a powerful set of motives to shift money away from commodity hedge funds and into the stricken banking system. Their opportunity is both well characterized and self-evident, so I won’t go into that here. The Real Reason Commodities are Tumbling by Chris Martenson I happen to fully believe that our markets are being largely influenced by official acts, both overt and covert. My logic is simple; where motive and opportunity co-exist, the burden of proof shifts to the accused. The Central Banks and the Treasury had a powerful set of motives to shift money away from commodity hedge funds and into the stricken banking system. Their opportunity is both well characterized and self-evident, so I won’t go into that here.
Washington Mutual Stock Under Heavy Assault by Chris Martenson The stock price of Washington Mutual (WM) is down another 25% this morning, at well under $3/shr. There is no way for this company to raise capital, and therefore no way for this company to survive without a bailout. This company is toast. Time to write the obituary. I am expecting FDIC receivership any day now, perhaps this weekend? Who knows. Washington Mutual Stock Under Heavy Assault by Chris Martenson The stock price of Washington Mutual (WM) is down another 25% this morning, at well under $3/shr. There is no way for this company to raise capital, and therefore no way for this company to survive without a bailout. This company is toast. Time to write the obituary. I am expecting FDIC receivership any day now, perhaps this weekend? Who knows.
Uncle Sam: $407 billion in the hole by Chris Martenson NEW YORK (CNNMoney.com) — The budget deficit will jump by $246 billion to $407 billion this year, the Congressional Budget Office estimates in a report released Tuesday. "Over the long run, growing budget deficits and the resulting increases in federal debt would lead to slower economic growth," the agency said. Uncle Sam: $407 billion in the hole by Chris Martenson NEW YORK (CNNMoney.com) — The budget deficit will jump by $246 billion to $407 billion this year, the Congressional Budget Office estimates in a report released Tuesday. "Over the long run, growing budget deficits and the resulting increases in federal debt would lead to slower economic growth," the agency said.
by blaggers 
