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Wie Gaza aus der Gewaltfalle kommen kann
Israel nimmt tote Zivilisten in Kauf, die Hamas nutzt das Volk als Schutzschild - im Gaza-Streifen führen beide Seiten einen schmutzigen Krieg, analysiert Ralf Fücks. Ein Frieden, der über Feuerpausen hinausgeht, muss von außen vermittelt und durch internationale Truppen abgesichert werden. mehr... [ Video | Forum ] |
07 January 2009
India's Enron - Lessons Learned from the West  Snatch the bonus from my hand, grasshopper, and you may be worthy of a seat on the Board.Reuters Accounting scandal at Satyam could be India's Enron By Sumeet Chatterjee Wed Jan 7, 2009 10:32am EST BANGALORE (Reuters) - The head of Indian outsourcing firm Satyam Computer Services resigned on Wednesday, disclosing that profits had been falsely inflated for years and sending its shares tumbling nearly 80 percent. India's biggest corporate scandal in memory threatens future foreign investment flows into Asia's third-largest economy and casts a cloud over growth in its once-booming outsourcing sector. The news sent Indian equity markets into a tailspin, with Bombay's main benchmark index tumbling 7.3 percent in a firmer session for world markets and the Indian rupee fell. Ramalinga Raju, founder and chairman of India's fourth-largest software services exporter, said in a statement that Satyam's profits had been massively inflated over recent years but no other board member was aware of the financial irregularities. (Executive incompetency defense. The brown sahibs have learned their lessons well - Jesse).... full story: http://jessescrossroadscafe.blogspo...-from-west.html |
...trotz allem Unbill und weil's so kalt ist :( - wieder mal was fürs Auge :)
 http://www.vanityfair.com/fame/feat...els_video200503 |
Börse wieder mal etwas Schieflage :rolleyes
DJI: 8,769.70Trade Time:4:08PM ETChange:  245.40 (2.72%) |
PRÄSIDENTENTREFFEN IM WEISSEN HAUS
Obama luncht im exklusivsten Club der Welt George Bush packt die Umzugskartons, sein Nachfolger übt schon den perfekten Auftritt für die Geschichtsbücher: Im Weißen Haus traf der künftige US-Präsident Barack Obama seine Vorgänger zum Mittagessen. Eine vergleichbare Zusammenkunft gab es zuletzt vor fast drei Jahrzehnten. Von Gregor Peter Schmitz, Washington mehr... :rolleyes |
 A bicyclist riding past cargo containers in Shanghai.Slowing exports is just one reason why China has lost its appetite for U.S. Treasury bonds. (Aly Song/Reuters) U.S. debt is losing its appeal in China  By Keith Bradsher Published: January 8, 2009 HONG KONG: China has bought more than $1 trillion in American debt, but as the global downturn has intensified, Beijing is starting to keep more of its money at home - a shift that could pose some challenges to the U.S. government in the near future but eventually may even produce salutary effects on the world economy..... full story: http://www.iht.com/articles/2009/01...siness/yuan.php mit Kommentaren von Jesse ---> Is China Losing Its Taste for US Debt? |
1 Anhang/Anhänge
Obama's White House Visit
President-elect Barack Obama discusses his meeting with America's four living presidents, with CNBC's John Harwood. http://www.cnbc.com/id/15840232?video=988709819&play=1 ...sympathisch - all the best for him :) |
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Posted on Tuesday, January 6, 2009
Review: Policy's important but so are Obama's clothes :rolleyes Fashion inspired by Barack Obama: Obama Footwear T-shirts |
Was Manager in den Tod treibt
 Eine Selbstmord-Serie folgt der Finanzkrise. Der Arzt Stefan Vetter* sieht die Gründe im fehlenden sozialen Netz. Mehr...Von Angela Barandun. Aktualisiert am 07.01.2009 ---> 12 Kommentare .....Aber wieso nimmt sich ein Milliardenbetrüger wie Bernard Madoff nicht das Leben? Sein Ansehen ist ruiniert, und an die Polizei ausgeliefert haben ihn seine Kinder. Vielleicht reagiert Madoff einfach nicht depressiv auf seine Situation. Er scheint mir eher «abgebrüht». Als ehemaligem Chef der Technologiebörse Nasdaq muss ihm bewusst gewesen sein, dass so ein Schneeballsystem irgendwann auffliegt. Er hat wohl einfach gehofft, dass er dann nicht mehr da ist. Diese Rechnung ist nicht aufgegangen. Darum sitzt er die Krise jetzt wohl einfach aus...... |
merci @ecki :) |
....aus DasGelbeForum - merci :)
TV-Tipp: Heute 23:45 ARD "Der große Rausch - Ein Investmentbanker (Geraint Anderson) packt aus" verfasst von MariaBitterlich, 08.01.2009, 13:10 Geraint Anderson machte als Banker im Londoner Finanzviertel Karriere. Nach zwölf Jahren ist der 36-Jährige aus der Branche ausgestiegen und hat ein Buch geschrieben. Darin liefert er intime Einblicke in das ausschweifende Leben der Banker und Broker, das von Geld und Gier bestimmt ist. Hintergrund: Am 30. März erscheint Geraint Andersons Buch "Cityboy: Das Buch aus dem Herzen des Londoner Finanzdistrikts" auch auf Deutsch. Vielleicht ganz spannend, meint MariaBitterlich |
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Sponsor an Executive
:rolleyes;) |
Yuan-settlement test to start
Source: Xinhua | 2009-1-7 | CHINA'S central bank said yesterday that it plans to implement a pilot program that would settle overseas trade with the Chinese currency instead of the US dollar. The People's Bank of China will expand financial cooperation with overseas economies and "properly deal with the global financial crisis," the central bank said. "We'll actively join international efforts to tackle the global financial crisis while safeguarding national interests," the central bank said. It pledged to implement a pilot program that the State Council announced last month. China will allow the yuan to be used for settlement between Guangdong Province and the Yangtze River Delta, China's two economic powerhouses, and the special administrative regions of Hong Kong and Macau, according to the central bank..... full story: http://www.shanghaidaily.com/sp/art...icle_387229.htm ...der yuan ist wohl nicht mehr an den $ gekoppelt :confused:rolleyes sonst wäre es ja Wind um die Ecke treten :o |
Dr.Phool
 (1000+ posts)      Thu Jan-08-09 08:19 AMResponse to Reply #15 17. Is reading SMW several times a day "Economic Masochism"?  I've got something to relieve the symptoms right here in a bottle.I usually make a quick swing through a couple of news sites first thing in the morning, before I get to SMW. Yesterday, at the top of MSNBC's page was a question. "Is this market rally for real this time"?, or something like that. The answer at 4:00pm, nope. I crack up every time I watch the cheerleaders on CNBC, calling the bottom. in the face of horrible news. One moran, last month, even stated that the recession was now over. And I think that was before they even officially admitted that we were in one. Goddamned librul media. I'll head over to the dog park in a few minutes, and get some real economic advice from a couple of the Fudd's buddies. A lab and golden retriever tandem named Katie and Mac. If they're rolling in the mud, SELL. They're not quite as animated as Cramer, but they're more accurate. ****************** Tansy_Gold (1000+ posts) Thu Jan-08-09 08:29 AMResponse to Reply #17 20. Prognosticators Relying on whether the dogs are rolling or romping is probably as good as anything. Or like the two fishing buddies who got up early every morning, rowed out to their favorite spot on the lake, and didn't catch a whole lot. Then one day they see this woman row out in a spiffy little boat, throw her line over the side and in no time she's got a couple nice fat fish. She rows back to shore and disappears into her cabin. Next morning same thing happens. Next day, again. This goes on for a few days. She's not out for more than five, ten minutes and she's got the day's catch. Then she doesn't show up one morning and the two buddies are wondering what happened, so when she does return they decide to row over to her and ask what her secret is. She shrugs and says, "It's real simple. Before I go out, I lift up the blankets and look at my husband. If it's layin' over on the right side, I fish off the right side of the boat. If it's flopped over to the left, I drop my line off the left. Works every time." The two buddies are flabbergasted, but one is a little quicker than the other. "And what if it's standin' straight up?" "Then I don't go fishin'." |
Zitat:
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8. Januar 2009, 15:27; Letzte Aktualisierung: 16:28
UNO setzt Hilfe im Gazastreifen aus Kritik von IKRK - Zugang zu Verletzten verwehrt Das UNO-Hilfswerk UNRWA hat mit sofortiger Wirkung sämtliche Aktivitäten im Gazastreifen ausgesetzt. Zur Begründung wurden israelische Angriffe auf UNO-Mitarbeiter und -Einrichtungen genannt. Kritik an Israel wird derweil auch vom Roten Kreuz laut. Die UNO-Lieferungen würden ausgesetzt, bis die Sicherheit der UNO-Mitarbeiter wieder garantiert werden könne, sagte ein Sprecher der UNO. Zuvor hatte die UNO erklärt, die israelischen Streitkräfte hätten einen Lastwagen mit einer Hilfslieferung für den Gazastreifen beschossen. Dabei sei der Fahrer getötet worden. Der Zwischenfall habe sich während der dreistündigen Waffenruhe ereignet, die Israel zur Versorgung der Bewohner des Gebiets mit Nahrung und Wasser eingeräumt hat. Die UNO hat die Hilfslieferung mit Israel koordiniert, und das Fahrzeug sei mit einer UNO-Flagge und -Abzeichen gekennzeichnet gewesen. Die israelischen Streitkräfte erklärten, der Vorfall im nördlichen Gazastreifen werde untersucht. Kritik auch vom IKRK Das Internationale Komitee vom Roten Kreuz (IKRK) hat Israel derweil in ungewöhnlich scharfer Form für die Behinderung von Rettungskräften im Gazastreifen kritisiert. «Das internationale humanitäre Völkerrecht gebietet, dass die Konfliktparteien verletzten und kranken Personen helfen müsse. Die israelischen Streitkräfte sind dieser Verpflichtung nicht nachgekommen», sagte der IKRK-Verantwortliche Dominik Stillhart. Kinder harren neben toter Mutter aus Nach einem Angriff auf den Stadtteil Seitun in Gaza-Stadt habe die israelische Armee tagelang palästinensischen Sanitätern und IKRK-Vertretern den Zugang zu den Verletzten verwehrt. In einem Haus seien dort schliesslich vier hungernde Kinder bei ihrer toten Mutter und mindestens elf weitere Leichen gefunden worden. In einem weiteren Haus in Seitun fanden die Rotkreuz-Helfer am Mittwoch den Angaben zufolge 15 Überlebende des israelischen Angriffs, darunter mehrere Verletzte. Israelische Soldaten auf einem rund 80 Meter entfernten Posten hätten die Helfer zum Verlassen des Gebiets aufgefordert, was diese jedoch abgelehnt hätten. Formelle Beschwerde Die israelische Armee erklärte zu den Vorwürfen, sie arbeite bei der Hilfe für Zivilisten mit internationalen Hilfsorganisationen zusammen und greife Zivilpersonen nicht absichtlich an. Soweit es ernsthafte Vorwürfe gebe, müssten sie «innerhalb der Grenzen des laufenden Militäreinsatzes» nach Eingang einer formellen Beschwerde untersucht werden. Protest auf den Strassen Währenddessen kam es in verschiedenen Städten Europas und im arabischen Raum zu Demonstrationen. In Sarajewo protestierten mehrere Tausend Menschen gegen die israelischen Angriffe im Gazastreifen. Die Menge zog vor die US-amerikanische Botschaft. Auf Spruchbändern waren anti-israelische Parolen zu lesen, wie «Hört auf mit dem Töten von Frauen und Kindern», oder «Palästina ist ein anderes Bosnien». Auch im syrischen Damaskus mobilisierte der Konflikt Zehntausende von Demonstranten. Die Protestierenden forderten vom Staatspräsident Baschar Assad und Hisbollah-Chef Hassan Nasrallahein entschiedeneres Auftreten der arabischen Staaten sowie die sofortige Öffnung des ägyptischen Grenzüberganges Rafah. (agenturen/from/sidd) http://tagesschau.sf.tv/supplynet/c...azastreifen_aus :(:mad |
 W. and the damage done President Bush inherited a peaceful, prosperous America. As he exits, Salon consults experts in seven fields to assess the devastation By Vincent Rossmeier and Gabriel Winant .....To get a sense of what kind of balance is due, Salon spoke to experts in seven different fields. Wherever possible, we have tried to express the damage done in concrete terms -- sometimes in lives lost, but most often just in money spent and dollars owed. What follows is an incomplete inventory of eight years of mis- and malfeasance, but then a fuller accounting would run, um, somewhat longer than three pages...... full story: http://www.salon.com/news/feature/2009/01/08/damage/ |
Thu 8 Jan 2009
Madoff Should Watch Out For Russian Mob, Samurai Chicks Posted by alyx under breaking news [2] Comments  If you listen to Doug Kass (or Larry Kudlow), you may have heard that it’s possible the Russian mafia was heavily invested with Bernie Madoff: The Russian mafia and Russian oligarchs are found to be large investors with Madoff. During the next few weeks, a well-known CNBC investigative reporter documents that the Russian oligarchs, certain members of the Russian mafia and several Colombian drug cartel families have invested and laundered more than $2 billion in Madoff’s strategy through offshore master feeders and through several fund of funds…That’s speculation - but if true, it’s certainly enough to make Madoff reluctant to leave the house. Now, Lauren sends me this story from Bloomberg, that reveals Uma Thurman’s fiance, Arpad Busson, lost quite a bit of cash to Madoff as well (we were LOL at the headline, “Uma Thurman No Help to Arpad Busson in Madoff Fraud’s Nightmare“): In mid-December, EIM [managed by Arpad Busson] disclosed it was one of at least a dozen funds of funds caught up in the massive alleged fraud perpetrated by New York investment manager Bernard Madoff. Busson says $230 million of client funds were invested with Bernard L. Madoff Investment Securities LLC, 2 percent of EIM’s assets. Madoff may have lost as much as $50 billion in what prosecutors say he himself described as a “giant Ponzi scheme,” in which he paid redemptions by existing investors with new investments.Bloomberg appears to care way too much that Busson is some kind of aristocratic socialite, and we will only become more interested in the Madoff-EIM connection if Busson asks his fiancee to get decked out in a yellow catsuit and go after Madoff, as shown above. |
1 Anhang/Anhänge
President-Elect Obama on the Economy ---> Video: http://www.cnbc.com/id/15840232?video=989482637&play=1
President-Elect Obama on the Economy President-elect Barack Obama addresses his plans for the economy. |
1 Anhang/Anhänge
Last 2 Weeks of Earthquakes
(within 10 degrees of LON=-84.2477, LAT=10.2132) DATE links are into the IRIS WILBER system where you can see seismograms and request datasets. DATE LAT LON MAG DEPTH REGION 08-JAN-2009 19:21:39 10.21 -84.25 6.1 35.0 COSTA RICA 08-JAN-2009 12:31:43 12.58 -87.86 4.6 69.5 NEAR COAST OF NICARAGUA 05-JAN-2009 14:53:06 13.11 ...mein Schwager und Schwägerin sind gestern nach Puerto Rico geflogen :(:rolleyes |
Fri 9 Jan 2009
No One Has A Job Anywhere Posted by Jason under bartertown , fail [6] Comments  Sure, you could look at the latest unemployment numbers and be depressed: 7.2% unemployment rate, the highest in fifteen years, and an additional 524,000 jobless claims for the month of December alone, and say to yourself, “Self, this sucks.” But you could ALSO look at it another way, that 92.8% of Americans are not drawing unemployment, and that doesn’t sound too bad at all. Of course, for every silver lining, some joker out there’s got to find a cloud: “Even with a stimulus package, the unemployment rate is going to keep rising and by December it is likely to be over 9 percent,” said David A. Levy, chairman of the Jerome Levy Forecasting Center. In a speech on the economy, Mr. Obama said Thursday that the unemployment rate “could reach double digits.”So if you have a job right now, take a good look around the place, because you won’t have it by this time next year. We will all descend upon the sleepy town of South Park mindlessly begging for change. Comment:
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NAHOST- KRISE
Uno legt schockierenden Gaza- Bericht vor zur Fotostrecke Zehntausende Flüchtlinge, kaum Wasser und Lebensmittel: Erstmals seit Beginn der Gaza-Offensive beschreibt die Uno detailliert die humanitäre Lage. Die Kommissarin für Menschenrechte fordert eine Untersuchung wegen möglicher Kriegsverbrechen Israels. mehr... [ Forum ] |
09.01.2009
Hamburg - Der fränkische Porzellanhersteller Rosenthal ist zahlungsunfähig. "Es gelang dem Vorstand der Rosenthal AG trotz permanenter Bemühungen nicht, eine Übereinkunft zur angemessenen Bereitstellung liquider Mittel für eine Übergangsphase bis zum Abschluss des Verkaufs an einen strategischen Investor zu erreichen", teilte das Unternehmen am Freitag in Selb mit. ganzer Artikel: http://www.spiegel.de/wirtschaft/0,1518,600428,00.html :( |
Banken: Und nochmals 40 Milliarden weniger
 09.01.2009 07:16 Wieder Wertberichtigungen und Kapitalerhöhungen: Der Ausblick für die US-Finanzinstitute ist düster. Die europäischen Banken werden mitleiden. Die renommierte Bank-Analystin von Oppenheimer, Meredith Whitney, zeichnet ein düsteres Bild für amerikanische Banken. Die Finanzinstitute müssten für das vierte Quartal 2008 nochmals über 40 Milliarden Dollar abschreiben oder zurückstellen, schreibt sie in einem Ausblick. Hypothekenbasierte Wertpapiere in den Bilanzen werden laut Whitney weiter zurückgestuft. Folge: 2009 müssten die US-Banken nochmals neues Kapital aufnehmen. Die höchsten Abschreiber und Rückstellungen stellt die Analystin der Citigroup in Aussicht: 7,9 Milliarden Dollar. Für die Bank of America prognostiziert Whitney 6,7, für JP Morgan Chase 6,2 und für Wells Fargo 4,4 Milliarden Dollar. An der Börse sind US-Banken in den letzten Jahren absolut am stärksten unter die Räder gekommen. Gemäss gestern veröffentlichten «Financial Market Trends» der Organisation für wirtschaftliche Zusammenarbeit und Entwicklung haben sie 2008 über 400 Milliarden Dollar an Börsenwert verloren. So stark hat kein anderer Finanzplatz gelitten.Die Schweiz belegt in dieser Tabelle Rang sechs. Auch hier sind weitere Kapitalerhöhungen nicht auszuschliessen. Kommt es zu weiteren Kreditausfällen, wie sie beim holländischen Chemiekonzern Lyondell Basell drohen, so heizt dies Spekulationen an, wonach auch die UBS auf neues Kapital angewiesen ist. (Andreas Kohli) |
Consumers of the World Unite
By ERIC WILSON Published: January 7, 2009 SHOPPING, these days, is a political act. If you are brave enough to buy a $2,000 Prada handbag, you might rationalize that you are helping to stimulate the economy. Solidarity, people! Enlarge This Image  GRAPHIC APPEAL Saks Fifth Avenue has turned to Shepard Fairey, whose work captures the bold style employed by Rodchenko in the 1920s. Enlarge This Image  .......The Saks slogan, “Want It!” is printed in lettering similar to the graphic designs of Rodchenko, the Russian graphic designer who was one of the founders of Constructivism. The images, largely realized by Cleon Peterson of Studio Number One, Mr. Fairey’s design company in Los Angeles, depict the season’s trends in black-and-white images with geometric slashes of red, some of them shown on models posing as if they are champions of workers’ rights. An ad for a slouchy bag, for example, tells shoppers to “Arm Yourself,” while a style of relaxed, cropped shorts are described as “Brave Pants.” Asked if his work could be misunderstood as some sinister form of retail indoctrination, Mr. Fairey noted that he was also looking at agitprop posters made for the Works Progress Administration in the 1940s, to lift morale..... .....Given the pricey goods Saks is selling, it’s not likely anyone would accuse the store of being socialist. full story: http://www.nytimes.com/2009/01/08/f...ocialist&st=cse hmmmm..... :gruebel :ek Works Progress Administration  The Works Progress Administration, launched by President Franklin Roosevelt in his third year in office, was the largest jobs initiative the United States has ever seen. It was the signature program of the New Deal -- and the most attacked and reviled by conservatives. In its eight years, from 1935 to 1943, it spent $10.5 billion employing eight and a half million Americans who previously had been jobless, rescuing them -- and the country -- from the straits of the Depression. Unemployment had been 24.9 percent when Roosevelt took office two years earlier, in 1933. Millions were homeless and wandering the country in search of jobs. Shantytowns sat on the edges -- and often in the midst — of every city. Many people had no clothes to wear or food to eat. The New Deal’s first relief and jobs programs were aimed at relieving suffering. But as Roosevelt and Harry Hopkins, who headed the W.P.A., looked around the country, they saw an infrastructure mired in the 19th century: unpaved roads, rickety bridges, inadequate water and sewage treatment systems or none at all, national parks and forests damaged by deforestation and erosion. Thus, W.P.A. job programs concentrated on these projects, as well as in building airports, hospitals and schools. Read More... |
KRIEGSGEGNER IM EIGENEN LAND
Israel geht hart gegen Verweigerer und Demonstranten vor Sie sind eine Minderheit, aber ihre Zahl wächst: Israelische Kriegsdienstverweigerer machen mobil gegen die Militärangriffe im Gaza-Streifen. Der Staat reagiert mit Härte: Demonstranten werden festgenommen, Verweigerer landen im Knast. Aus Tel Aviv berichtet Ulrike Putz mehr... [ Video | Forum ]
* was die UNO fordert - da halten sich die Israelis selten dran :mad |
09.01.2009
SOMALIA Gekaperter Supertanker verlässt Piratenbasis Der Öltanker "Sirius Star" nimmt wieder Fahrt auf - zwei Monate nach der Entführung durch somalische Piraten. Ein Kidnapper sagte: "Das Schiff ist frei, die Mannschaft ist frei." Es sollen drei Millionen Dollar Lösegeld geflossen sein...... ....auf was für kleinen Booten :rolleyes |
 España bajo la nieve El aeropuerto de Barajas ha reabierto con restricciones.- Problemas en toda la red de carreteras, con numerosos puertos cerrados.- Caos en Madrid y avisos en 31 provincias.... http://www.elpais.com/global/ |
1 Anhang/Anhänge
Skepticism over Obama's tax cuts 4:51
Economist Jeffery Sachs calls Obama's planned $310B tax cut a 'mistake,' cautions against giving away revenues that we don't have.• Obama: $300 billion in tax cuts Video ---> http://money.cnn.com/video/#/video/...010509.cnnmoney .....er kann es wohl eh nie recht machen :rolleyes:mad |
Deutsche Bank’s Weinstein to Leave, Start Hedge Fund (Update3) :rolleyes
By Jacqueline Simmons and Aaron Kirchfeld Jan. 9 (Bloomberg) -- Deutsche Bank AG’s co-head of global credit trading, Boaz Weinstein, is leaving Europe’s largest investment bank to set up his own hedge fund following trading losses in his group at the end of last year. The departure comes as the Frankfurt-based bank winds down its proprietary credit trading operations. Weinstein, 35, plans to take about 15 colleagues to his new fund early in the second quarter, according to Michael Golden, a company spokesman in London. Colin Fan, who co-led global credit trading with Weinstein, will assume sole responsibility for the unit. Weinstein, who has been with Deutsche Bank for 11 years, posted about $1 billion of losses on trades involving bonds hedged with credit-default swaps after Lehman Brothers Holdings Inc.’s bankruptcy in September, two people with knowledge of the matter said Dec. 12. “Deutsche Bank wants to reduce risks in its business model and prop trading is a big part of this so it makes sense,” said Konrad Becker, a Munich-based analyst at Merck Finck & Co., who has a “hold” rating on the stock. “Right now, we’re reading more about hedge funds closing rather than opening.”....... full story: http://www.bloomberg.com/apps/news?...tIa0&refer=home |
Rubin to Leave Citigroup; Smith Barney on Block
Robert Rubin, the former Treasury secretary who has been sharply criticized over his role in the financial turmoil at Citigroup Inc., is leaving the bank. Mr. Rubin is senior counselor and a director at the New York company, which has suffered $20 billion in losses over the past year and got a government bailout of at least $45 billion. Citigroup's troubles cast an awkward spotlight on Mr. Rubin, who received $115 million in pay since 1999, excluding stock options. Separately, Citigroup is in talks to sell its Smith Barney brokerage and asset-management unit, according to people familiar with the situation. ... http://online.wsj.com/article/SB123...hoo_hs&ru=yahoo ...hat ja lange genug gedauert :rolleyes ...und Jesse dazu: 09 January 2009 Citi Unloading Robert Rubin and Salomon Smith Barney We hope that Teflon Bob will not be finding a position with the Obama Administration. Citi is also said to be shopping (trying to unload) its Salomon Smith Barney brokerage division. They are said to be in talks with Morgan Stanley. Apparently MS is finding its current life as a bank holding company a bit timesome, coming in at 10 and out on the links by 3. How fast time flies on the Street. It seems like only yesterday that little Philbro was in short pants and got its first pair of white shoes. And then they grow up and rig the Treasury markets and help set up the dotcom bubble, that little scamp. Both Citi and JP Morgan continue to be plagued by rumours of large undisclosed losses and troubled positions. Since Bob Rubin was on Sandy's and Vikram's A team, one has to wonder if the small rodents are not leaving while the structure continues to shake, threatening to collapse. Wall Street Journal Rubin to Leave Citigroup By DAVID ENRICH ............ |
WTF Does Robert Rubin Do?????? 57 minutes ago Seriously? Does he sleep in his office all day? WTF are we paying this guy for?????
Rating :  (3 Ratings)jessica_sim...  33/Male Messages in Topic WTF Does Robert Rubin Do?????? jessica_sim...  57 minutes ago Re: WTF Does Robert Rubin Do?????? He walked down 5th Avenue to deposit checks for ov... nexwatch (1 Rating) 53 minutes ago Re: WTF Does Robert Rubin Do?????? He spends all day counting his money...don't forge... nbnb12373 (1 Rating) 51 minutes ago Re: WTF Does Robert Rubin Do?????? Should be a question on CNBC's Million Dollar Chal... nexwatch Rate it 44 minutes ago Re: WTF Does Robert Rubin Do?????? packing for jail lvltlllllll... Rate it 32 minutes ago Re: WTF Does Robert Rubin Do?????? LOL this thread is hilarious...WTF does he do... kenya_1987 Rate it 27 minutes ago Re: WTF Does Robert Rubin Do?????? I just applied for Rubin's job. It's a ... franphilly Rate it 25 minutes ago Rubin's Fate Maybe he and Bernie will be cellmates in the ... budicecream Rate it 27 minutes ago Re: WTF Does Robert Rubin Do?????? Maria B. That's who! jessica_sim... Rate it 19 minutes ago Bobby, Maria, and Sandy Is it true Bobby R is boffing Maria B ? - Cou... budicecream Rate it 16 minutes ago Re: WTF Does Robert Rubin Do?????? HE WAS DAMN GOOD AT FILLING HIS POCKETS FULL OF OU... dubblpumpr (1 Rating) 18 minutes ago Re: WTF Does Robert Rubin Do?????? Rubin got CITI deep into buying sub-primes ev... skistriad (1 Rating) 12 minutes ago Re: WTF Does Robert Rubin Do?????? He was the Treasury Secretary. Think ... kenya_1987 Rate it 1 second(s) ago Re: WTF Does Robert Rubin Do?????? looks to me like the man does anything he wants to... okayrice Rate it 17 minutes ago |
Subject: do you know what a billion is?
The next time you hear a politician use the word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money. A billion is a difficult number to comprehend, one advertising agency did a good job of putting that figure into some perspective in one of it's releases. A. A billion seconds ago it was 1959. B. A billion minutes ago Jesus was alive. C. A billion hours ago our ancestors were living in the Stone Age. D. A billion days ago no-one walked on the earth on two feet. E. A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it. While this thought is still fresh in our brain... let's take a look at New Orleans .... It's amazing what you can learn with some simple division. Louisiana Senator, Mary Landrieu (D) is presently asking Congress for 250 BILLION DOLLARS to rebuild New Orleans Interesting number... what does it mean? A. Well... if you are one of the 484,674 residents of New Orleans (every man, woman, and child) you each get $516,528. B. Or... if you have one of the 188,251 homes in New Orleans , your home gets $1,329,787. C. Or... if you are a family of four... your family gets $2,066,012. Washington, D. C HELLO! Are all your calculators broken?? Accounts Receivable Tax Building Permit Tax CDL License Tax Cigarette Tax</ B> Corporate Income Tax Dog License Tax Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges (tax on top of tax) IRS Penalties (tax on top of tax) Liquor Tax Luxury Tax Marriage License Tax Medicare Tax Property Tax Real Estate Tax Service charge taxes Social Security Tax Road Usage Tax (Truckers) Sales Taxes Recreational Vehicle Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fe e Tax Telephone Federal, State and Local Su recharge Tax Telephone Minimum Usage Surcharge Tax Telephone Recurring and Non-recurring Charges Tax Telephone State and Local Tax Telephone Usage Charge< /B>Tax Utility Tax Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago... and our nation was the most prosperous in the world. We had absolutely no national debt... We had the largest middle class in the world... and Mom stayed home to raise the kids. What happened? Can you spell 'politicians!' And I still have to press '1' for English. I hope this goes around the world at least billion times What the heck happened????? |
Bank industry slams Citigroup mortgage deal
Proposal would let bankruptcy judges modify home loans, avert foreclosure  updated 5:54 p.m. ET Jan. 9, 2009 WASHINGTON - A top bank industry group Friday said it opposes an agreement between Citigroup Inc. and Democratic senators that would rewrite bankruptcy law to help troubled mortgage borrowers avoid foreclosure...... .....Other industry players questioned the motivations behind Citigroup’s about-face on the co-called mortgage "cram-downs," speculating that the financial giant has been forced to make concessions because it has accepted some $45 billion in federal bailout funds. “The big change between now and a couple of months ago is that the government is backing Citigroup’s balance sheet,” said Gary Townsend, a veteran analyst who now runs hedge fund Hill-Townsend Capital. “The government has a lot of leverage that wasn’t there before.”...... .....The ABA said it did not participate in Citigroup’s agreement. “ABA is opposed to the agreement because it will leave in place overly broad mortgage cram-down authority and other provisions that will harm thousands of banks across the country that have made, and continue to make, good loans,” said Floyd Stoner, ABA’s executive director for public policy........ full story: http://www.msnbc.msn.com/id/28583580/ Kommentar von Nerdfight! Posted by Jason under bailout , bandit , subprime  .......The ABA released a statement today in which it pretended its member institutions genuinely care about consumers, saying the proposed changes could make home mortgages more expensive, which of course is barely-concealed code for “We will be able to screw fewer people.”........ Pack bleibt Pack :mad |
KRIEG IM GAZA- STREIFEN
Israel bombardiert weiter, Hamas feuert Raketen zur Fotostrecke Die Hamas feuert weiter Raketen, Israel flog auch in der Nacht zahlreiche Luftangriffe: Im Gaza-Krieg sind nach Angaben von Medizinern bisher fast 800 Menschen getötet worden. Nun startet Außenminister Steinmeier eine Vermittlungsmission. mehr... [ Video | Forum ] ..welches Elend :(:mad |
oooops - doch etwa nicht Doppelmoral :eek
GESCHÄFTE IN DER STEUEROASE Landesbanken betreiben Privatbank für Reiche in der Schweiz Von der Bundesregierung muss sich die Schweiz oft harsche Kritik gefallen lassen - dabei betreiben zwei deutsche Landesbanken nach SPIEGEL-Informationen selbst eine Privatbank in der Steueroase. Die Zielgruppe: wohlhabende Kunden. mehr... |
Bush Prepares Request for Rest Of Bailout Funds
If Congress Votes Down Measure, Veto Power Could Come Into Play  Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, unveiled a bill that would mandate that the Treasury allocate at least $40 billion for foreclosure relief. (By Mannie Garcia -- Bloomberg News)  Enlarge Photo By David Cho and Lori Montgomery Washington Post Staff Writers Saturday, January 10, 2009; Page A01 Senior Bush administration officials, consulting with the Obama transition team, have prepared a plan to ask lawmakers for the second half of the $700 billion financial rescue package despite intense opposition in Congress, sources familiar with the discussions said. The initiative could create an unusual political scenario straddling the Bush and Obama administrations. If Congress were to vote down the measure, either President Bush or Obama would have to exercise a veto to get the money. :rolleyes Obama officials would prefer that Bush exercise any veto rather than leave the new president with the unsavory task of rebuffing his fellow Democrats in Congress to advance a widely unpopular program, sources said. The White House has declined to say publicly whether Bush would be willing to issue the veto........ full Story: http://www.washingtonpost.com/wp-dy...ml?hpid=topnews ....ziemlich kniffelig :gruebel |
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Wer Experten fragt, wie es zur Finanzkrise kam, hört etwas von Subprime und zu viel Geld im globalen Finanzsystem. Aber was bedeutet eigentlich Subprime? Wie kann zu viel Geld in eine Krise führen? Und was hat ein Barkeeper in Nevada damit zu tun? 
