stock-channel.net - Das Finanzportal

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-   -   Now this has to be scary.....not always (http://www.stock-channel.net/stock-board/showthread.php3?t=82510)

lunar 07.01.2009 18:35

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 ]

lunar 07.01.2009 19:15

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

lunar 07.01.2009 19:15

...trotz allem Unbill und weil's so kalt ist :( - wieder mal was fürs Auge :)



http://www.vanityfair.com/fame/feat...els_video200503

lunar 07.01.2009 22:14

Börse wieder mal etwas Schieflage :rolleyes

DJI: 8,769.70Trade Time:4:08PM ETChange: 245.40 (2.72%)



lunar 08.01.2009 09:09

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

lunar 08.01.2009 09:14

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?

lunar 08.01.2009 09:25

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 :)

lunar 08.01.2009 09:34


LET'S PRINT MORE MONEY!

lunar 08.01.2009 09:39

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


lunar 08.01.2009 09:53

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......

lunar 08.01.2009 13:40

Zitat:
mfabian

Ein sehr langer und sehr guter Artikel über die Finanzkrise gibt's im NZZ Folio:
http://www.nzzfolio.ch/www/dada0e91-...nzz-folio.aspx

Mal mit sehr konkreten Beispielen untermalt, aus Sicht eines armen Häuslebauers, seines Maklers, der Kleinbank, des CDO-Produzenten etc.
Sehr anschaulich zu lesen, wenn man genügend Zeit mitbringt.

merci :verbeug
Die Finanzkrise: Teil 1 - Der globale Geldtopf


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?
Von Alex Blumberg, Adam Davidson und Ira Glass
Mehr

Die Finanzkrise: Teil 2 - Das Wall-Street-Massaker

2008 weitete sich die Hypothekenkrise zu einer Bankenkrise aus. Ende letzten Jahres war klar: Wir stehen vor einer Rezession. Aber wer ist schuld – die gierigen Banker? Der Kapitalismus? Oder ein Physiker namens Gregg Berman?

Von Alex Blumberg, Adam Davidson und Ira Glass Mehr
Die Finanzkrise: Teil 3 - Wie konnte das nur passieren?

Wer die Finanzkrise verstehen will, muss verstehen, was ein Derivat ist, warum der Markt dereguliert wurde, wie man einen Kredit weiterverkauft. Hier erfahren Sie es.

Von Lukas Egli, Thomas Schenk, Reto U. Schneider und Daniel Weber Mehr

lunar 08.01.2009 13:49


merci @ecki :)

lunar 08.01.2009 14:47

....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

lunar 08.01.2009 15:05

(Sp)end Of Days

Posted by alyx under markets
[2] Comments


No one is shopping at.........

lunar 08.01.2009 15:46

Sponsor an Executive





:rolleyes;)

lunar 08.01.2009 16:02

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

lunar 08.01.2009 16:25

Dr.Phool (1000+ posts) Thu Jan-08-09 08:19 AM
Response 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 AM
Response 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'."

lunar 08.01.2009 18:36

Zitat:
mfabian

Ein sehr langer und sehr guter Artikel über die Finanzkrise gibt's im NZZ Folio:
http://www.nzzfolio.ch/www/dada0e91-...nzz-folio.aspx

Mal mit sehr konkreten Beispielen untermalt, aus Sicht eines armen Häuslebauers, seines Maklers, der Kleinbank, des CDO-Produzenten etc.
Sehr anschaulich zu lesen, wenn man genügend Zeit mitbringt.
#
2060 - :supi wer Zeit hat sollte das wirklich lesen :cool

lunar 08.01.2009 19:38

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

lunar 08.01.2009 19:53


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/

lunar 08.01.2009 20:03

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.

lunar 08.01.2009 21:34

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.

lunar 09.01.2009 09:46

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

lunar 09.01.2009 16:42

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:
  1. CB Says:

    January 9th, 2009 at 10:16 am i meant to post this link - it explains some of the fun the BLS has w/ the numbers:



    http://www.shadowstats.com/article/54

    Employment and Unemployment

lunar 09.01.2009 17:33

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 ]




lunar 09.01.2009 17:58

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

:(

lunar 09.01.2009 18:06

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)

lunar 09.01.2009 18:57

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...

lunar 09.01.2009 19:09

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

lunar 09.01.2009 19:23

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......




http://www.spiegel.de/panorama/0,1518,600376,00.html

....auf was für kleinen Booten :rolleyes

lunar 09.01.2009 20:10


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/

lunar 09.01.2009 21:30

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

lunar 09.01.2009 21:51

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

lunar 09.01.2009 21:59

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
............

lunar 09.01.2009 23:02

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

lunar 10.01.2009 11:22

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?????

lunar 10.01.2009 11:47

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

lunar 10.01.2009 11:53

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

lunar 10.01.2009 11:56

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...

lunar 10.01.2009 12:09

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


Aktuelle Uhrzeit 10:15

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