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Meantime, Down In Washington…
29 minutes ago ago from Zachary Fink Blog
Three New Jersey Congressmen sit on the House Financial Services Committee Leonard Lance, John Adler and Scott Garrett ( who can be seen on youtube running away from Zack Fink in 2008 ). That committee cleared a bill which passed the full House on Friday by a vote of 223 to 202. The bill I am referencing is known as The Wall Street Reform and Consumer Protection Act of 2009. Its the Democrat controlled Congress's response to last ...
Related contentNYT: The bond vigilantes are back
13 hours ago ago from Wall Street Manna
Vigilantes or raiders? Let's buy some swaps an do to countries what we used to do to companies!! And then, get a puff piece in the NYT that says we are the one forcing austerity! Vigilante: definition... someone who illegally punishes someone for perceived offenses.... however a vigilante may follow a different definition of criminal than the local law. LONDON — The bond vigilantes are back. But this time they are roaming mostly through ...
Related contentWorld ‘losing faith in debt-laden UK’: Bank’s warning over the nation’s credit rating
2 hours ago ago from THE BLACK KETTLE
DAILY MAIL [UK]: The Bank of England today warns Britain is in danger of losing its credit standing' with international investors. Many are worried about the vast quantity of government bonds that will have to be sold over the coming years, the Bank reveals in its Quarterly Bulletin. The Bank adds that investors may be demanding additional compensation' for purchasing UK gilts, which are the main way the Government finances the ...
Related contentGreece ‘worthy’ of eurozone place
9 hours ago ago from Turkey & Macedonia
Greece is trying to reassure markets about its economy The Greek finance minister, George Papaconstantinou, has defended the country's position in the eurozone. Greece's deficit has risen to more than 12% of national output this year, which is above the EU limit of 3%. But he said Greece was worthy of its place because it abides by the rules and was not the only eurozone country with a deficit of that order . ...
Related contentC.M.O. 12.14.2009
9 hours ago ago from Market Strategies Management
Credit Market Overview December 14, 2009 With sukuk’s sliding down the slippery slope faster than the shushers on the indoor ski slope in Dubai, the world is taking a good hard look at how their neighbors are fairing as the tectonic rumblings continue be felt more than two years after the credit quake that began in July of 2007. Although this might seem like forever it is the geologic equivalent of a nano-second. Interesting ...
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