Group Think, Duct Tape and Slam Dunks
AIG
U.S. May See 150-200 More Bank Failures
US May See 150-200 More Bank Failures: Bove Reuters | 24 Aug 2009 | 01:07 PM ET A prominent banking analyst said Sunday that 150 to 200 more U.S. banks will fail in the current banking crisis, and the industry’s payments to keep the Federal Deposit Insurance Corp afloat could eat up 25 percent of […]
MoreGoldman Sachs Did An Excellent Job of Bailing Out Goldman Sachs
THE NEW YORK TIMES August 9, 2009 Paulson’s Calls to Goldman Tested Ethics By GRETCHEN MORGENSON and DON VAN NATTA Jr. Before he became President George W. Bush’s Treasury secretary in 2006, Henry M. Paulson Jr. agreed to hold himself to a higher ethical standard than his predecessors. He not only sold all his holdings […]
MoreIt’s Goldman Sachs’ Party And They’ll Profit If They Want To
THE GREAT AMERICAN BUBBLE MACHINE ROLLING STONE MATT TAIBBI From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression – and they’re about to do it again The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment […]
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