Posts Tagged ‘credit crunch’
Fake Tim Geithner on Saturday Night Live
Posted: 10 March 2009 in Current eventsTags: credit crunch, financial crisis
2005 complaint to SEC says Madoff is a fraud: why no investigation?
Posted: 21 December 2008 in Current eventsTags: credit crunch, madoff
Here’s a 2005 complaint filed with the SEC alledging that Madoff was running a Ponzi scheme. The document lists several red flags regarding Madoff’s activities and provides evidence in detail, about why the complainant believed Madoff Securities was a Ponzi scheme. What did the SEC do with this? Madoff_SECdocs_20081217 Publish at Scribd or explore others: [...]
The short, disgusting life of the Hummer | Salon News
Posted: 6 December 2008 in Current eventsTags: credit crunch
Say goodbye to this vile piece of metallic crud: The short, disgusting life of the Hummer | Salon News I will admit to experiencing much Schadenfreude watching the creators of this piece of junk crawl (or rather drive in hybrid cars) to Washington DC to beg the government to use OUR money to “rescue” them. [...]
Roubini: reasons why consumers won't be spending anytime soon
Posted: 23 November 2008 in Current eventsTags: credit crunch, recession
Nouriel Roubini, the economist who says we are facing a long period of stagnation and deflation, cites many reasons why consumers won’t be spending in the next few months (excerpt): The US consumer is debt burdened with the debt to disposable income having increased from 70% in the early 1990s to 100% in 2000 and [...]
Schwarzenegger to U.S.: California may need $7-billion loan
Posted: 3 October 2008 in Current eventsTags: credit crisis, credit crunch
Oh no, just when I got done posting the article about car makers getting loans from the federal government, here come the states: Schwarzenegger to U.S.: State may need $7-billion loan – Los Angeles Times
