Related Blog Posts
Who cares if its all a lie and a giant Ponzi scheme as long as I get MINE!
23 hours ago ago from InvestmentWatch
I find it hard to believe that broker dealers decreased their Treasury holdings in 2009. The Fed's primary dealers ( too big to fail institutions like JPM, GS, etc) are borrowing from the Fed at 0% and lending it back to the Treasury at 4% - essentially a risk-free arbitrage (BTW, this is the real bailout - not TARP). My assumption would be that those bonds are really held by the largest banking institutions - however, maybe not ...
Related contentTreasury “Goldmans” Congress, again!
12 hours ago ago from Nationwide Reports
The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac. The Treasury Department said Thursday it removed the $400 billion financial cap on the money it will provide to keep the companies afloat. Already, taxpayers have shelled out $111 billion to the pair, and a senior Treasury official said losses are not expected to exceed the government/s estimate this summer of $170 billion over 10 years. ...
Related contentBest Of 2009: Band Of Brothers | Newsroom Magazine
43 minutes ago ago from Newsroom Magazine
To Front Page Today Is Sunday, December 27, 2009 Page Two Language Selectors Browsing Controls Keyword Search Publication Calendars Newsroom Archives In Date Order Previous Item Best Of 2009: World News At A World Class Standard Next Item Playback Section In Date Order Earlier Items Of Similar Nature Band Of Brothers ...
Related contentWhere Did The More Than $500 Billion Come From?
10 hours ago ago from Phil's Favorites - By Ilene
Where Did The More Than $500 Billion Come From? Courtesy of Karl Denninger at The Market Ticker Sprott Asset Management has pulled forward something I intended to cover in my year end review Ticker but since he's put it out there I think I need to cover it now: As a thought experiment, we separated all the various US Treasury owners and asked our readers whether each group could afford to increase their 2009 treasury ...
Related contentWHAT’S THE BUZZ? TELL ME WHAT’S A HAPPENNIN’
1 day ago ago from THE WANDERING TAX PRO
Today is my father’s 90th birthday – so it is back to the rehab facility at the Jersey Shore to celebrate. * TAX PROF Paul Caron reports on some good news in “ Senate Pledges to Retroactively Restore Expiring Tax Breaks in 2010 ”. “ Senate Finance Committee Chair Max Baucus (D., Mont.) and Ranking Member Chuck Grassley (R., Iowa) today pledged to pass the tax extenders legislation early in 2010, retroactive to Jan. 1, 2010. Interestingly, ...
Related contentRelated News
Nothing to see... move along.
Related Videos
Nothing to see... move along.
