Posts Tagged ‘bankrupt america’
Max Keiser on the continuing Bank failures
Posted by smeddum on October 26, 2009
Posted in Financial crisis | Tagged: bankrupt america | Leave a Comment »
Motor City’s woes extend beyond auto industry
Posted by seumasach on December 23, 2008
21st December, 2008
DETROIT – One measure of how tough times are in the Motor City: Some of the offenders in jail don’t want to be released; some who do get out promptly re-offend to head back where there’s heat, health care and three meals a day.
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Posted in Financial crisis | Tagged: bankrupt america, economic collapse, financial collapse | Leave a Comment »
Credit-Default Swaps on US Treasuries Have Risen Nearly 40 Percent Since Bailout Law Signed; Now About the Same as on Mexican and Thai Government Debt
Posted by seumasach on October 30, 2008
29th October, 2008
Bloomberg writes the following bombshell:
“Credit-default swaps on [U.S.] Treasuries have risen nearly 40 percent since TARP was signed into law Oct. 3, and are now about the same as Mexican and Thai government debt before the credit markets began to seize up in June 2007.”
Posted in Financial crisis | Tagged: bankrupt america, financial collapse | Leave a Comment »
In These New Times 