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Business & Finance
Fannie & Freddie: The Real Story Behind The Economic Crisis watch!
The Lazy Generation Needs to Start Working
splicetoday.com — Forget bailouts and "change" campaigns; the only real way out of this financial crisis is for young people to get off the couch and start working.More… (Business & Finance)
Did Anti-Depressants Cause the Mortgage Crisis?
thedailybeast.com — Did Lilly help bring down Lehman? Has the marketing of depression been complicit in propelling us to the brink of one? We've played the blame game with just about everyone else; traders, brokers, ratings agencies, and financial engineers have all done the national perp walk.More… (Business & Finance)
This Graph is so Shocking that I am Totally Speechless... view!
Dow falls below 10,000 for first time since 2004
biz.yahoo.com — Wall Street tumbled Monday, joining a selloff around the world, as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments. The Dow Jones industrials skidded more than 300 points and fell below 10,000 for the first time in four years.More… (Business & Finance)
Ron Paul: Bailout Unconstitutional
infowars.net — Texas Congressman Ron Paul has warned that the amended bailout legislation that passed Congress on Friday is not only far worse than the original bill but is also unconstitutional. More… (Business & Finance)
While Sinking, Lehman Bros Steered Millions Toward Execs
boston.com — The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday,More… (Business & Finance)
Can Warren Buffett save the economy the way J.P. Morgan did?
slate.com — "This is the place to stop this trouble!" J.P. Morgan declared on the afternoon of Oct. 23, 1907. After the failure of several trust companies (unregulated banks, kind of like today's subprime lenders), the banker had decided that the collapse of the Trust Company of America would cause too much damage to America's fragile financial system.....More… (Business & Finance)
Money scams don't slow down in bad economic times (5 Scams)
latimes.com — We'll repair your credit! We'll help you avoid foreclosure! Work from home! -- can seem promising to folks seeking relief. Be wary of such claims, particularly if there's an upfront fee.More… (Business & Finance)
Economists Expect US Economy To Revive In 2009
stocksandcommerce.com — Business economists have become more negative on the economic outlook for the next several quarters due to tight credit markets and weak consumer spending, according to a survey of 48 economists released on Monday.More… (Business & Finance)
Economy Cratering, Regulators Outline Steps to Quell Crisis
online.wsj.com — Speed, decisiveness paramount with possible approaches including even Gov't direct investment in worsening companies.More… (Business & Finance)
Money Meltdown: Financial Crisis Grips Earth
consumerist.com — Just when you thought you were beginning to barely understand the financial cancer destroying America, it metastasized. Now it's global.More… (Business & Finance)
'Investwise’- an exclusive investment planning forum
facebook.com — UTVi and Tata Capital today announced the launch of Investwise - a unique investment planning forum to promote a disciplined investment culture amongst discerning investors across key markets of the country. Mr. Govindraj Ethiraj, Editor in Chief- UTVi, will navigate panel discussions with eminent personalities from the financial world.More… (Business & Finance)
Dow Plunges 800 Points
huffingtonpost.com — Wall Street suffered through another traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points and setting a new record for a one-day point drop as investors despaired that the credit crisis would take a heavy toll around the world. More… (Business & Finance)
Investors 'getting rid of everything'
blogs.moneycentral.msn.com — "The fact is people are scared and the only thing they're doing is selling." - Ryan Detrick, Schaeffer's Investment Research So this is where we are today. After holding on for quite some time, hoping and waiting for a fix for this country's economic crisis, investors are heading for the exits. The Dow has plummeted by more than 500 pointsMore… (Business & Finance)
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