You mean to tell me these investment banks have been driving up oil causing more and more inflation, and then to top it off the fed is giving them free money from the US tax payers. Get rid of these crooks, they are killing America.
Aaron wrote.... You mean to tell me these investment banks have been driving up oil causing more and more inflation, and then to top it off the fed is giving them free money from the US tax payers. Get rid of these crooks, they are killing America. ........................................................................... Fuld, Blankfein, and Mack....then Paulson.... in no particular order...... and just what is MER doing to make a buck....probably just selling stuff....
09:56 FRE Freddie Mac ticks lower as Faber on CNBC discusses issues on continued capital concerns for FRE and FNM, and notes that FRE has not decided yet to raise capital which was initially mentioned in May (12.47 -0.99)
FRE and FNM may see their stock goto 0. Congratulations to anyone who had the foresight to short months ago.
Reuters Lehman debt protection costs jump as shares dive Friday July 11, 10:27 am ET NEW YORK (Reuters) - The cost to insure Lehman Brothers (NYSE:LEH - News) debt against default surged on Friday, as its stock price plunged for the second day. Credit default swaps on Lehman Brothers debt widened 55 basis points to 380 basis points, or $380,000 per year for five years to insure $10 million in debt, according to Phoenix Partners Group. Lehman's stock also plunged more than 14 percent. (Reporting by Karen Brettell; Editing by James Dalgleish)