SubscribeAll Posts Tagged With: "Treasury Department"
Why the $700 Billion Bailout Bill Will Fail US Taxpayers
My sister lives in a landmark building in Coral Gables, Fla. There was a fire in one apartment in the building. After that fire was…
15Dec2008 | Money Morning | 0 comments | ContinuedThe Treasury Department is Choking on Debt, But You Don’t Have To
The U.S. Treasury Department announced Nov. 3 that it intended to borrow a record $550 billion in the fourth quarter. That represents a staggering $408…
7Nov2008 | Money Morning | Comments Off | ContinuedWhen will stock market selling end?
All year long, as I guided my subscribers into the intermediate-term rallies and then the subsequent corrections, I said in these columns that the rallies…
15Oct2008 | Street Smart Report | Comments Off | ContinuedMoney Markets: How Safe Is Your Cash?
Last week investors panicked. You can’t really blame them considering the state stocks and money markets were in:
-A 158-year-old investment bank failed.
-The nation’s largest brokerage…
25Sep2008 | Investment U | Comments Off | ContinuedFed Steps in and Bails Out AIG to the Tune of $85 Billion in Taxpayer Funds
In a stunning reversal, the U.S. Federal Reserve offered American International Group Inc. (AIG) access to $85 billion in exchange for a 79.9% stake in…
18Sep2008 | Money Morning | Comments Off | ContinuedInside Wall Street: Why Hocus-Pocus Accounting Will Perpetuate the Capital Markets Credit Crisis
I once asked my friend – world-famous magician Lance Burton – if he could show me how he did a particular trick.
“Can you keep a…
10Sep2008 | Money Morning | Comments Off | ContinuedCracks in the Monetary Facade
We are writing today from the annual Agora Financial Investment Symposium in Vancouver, British Columbia. Your editors are currently traveling from Europe to Canada and…
22Jul2008 | Daily Reckoning | Comments Off | ContinuedAs Treasury’s Paulson Prescribes Bailout for Fannie Mae and Freddie Mac, Guru Jim Rogers Predicts an “Unmitigated Disaster”
Standing on the steps of the U.S. Treasury building across the street from the White House, Treasury Secretary Henry Paulson asked Congress for the power to prop…
15Jul2008 | Money Morning | Comments Off | ContinuedThe Treasury Proposes More Alphabet Agencies
While the Treasury Department’s proposals for overhauling regulatory oversight of the financial industry have been in preparation almost since the day Secretary Paulson assumed office,…
31Mar2008 | William Kurtz | Comments Off | Continued
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