Meredith Whitney to banks: Deal with it
Banks are looking for a second chance to dump some toxic waste from their balance sheets on the hope that the Obama administration will set up a “bad bank” to buy massive amounts of their troubled assets.
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Fed Manipulating Market Prices, Gold, Oil and Bonds
Questions Begging Answers - To say that markets have been behaving “strangely” recently is an understatement. In recent weeks and months we’ve been witness to historic lows in sovereign interest rates in-the-face-of record amounts of debt being issued by governments? We’ve seen the price of gold behave counter intuitively by “not rising” in-the-face-of unprecedented systemic [...]