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Comments »Monthly Archives: August 2011
DRUG SHORTAGE ROCKS AMERICA
WASHINGTON — Federal officials and lawmakers, along with the drug industry and doctors’ groups, are rushing to find remedies for critical shortages of drugs to treat a number of life-threatening illnesses, including bacterial infection and several forms of cancer.
FULL STORY HERE–SOURCE: THE NEW YORK TIMES
Comments »Animation of China vs. Georgetown Basketbrawl
[youtube:http://www.youtube.com/watch?v=A5o6z1fXwRw&feature=player_embedded 550 412]
Comments »DSK Accuser Ponders Dropping Criminal Case for Money
Lawyers for the woman who accused former IMF chief Dominique Strauss-Kahn of sexual assault have explored a deal in which they would scuttle the criminal case in exchange for a monetary settlement in the civil lawsuit, the Wall Street Journal reported Friday.The woman’s lawyer, Kenneth Thompson, strongly denied the report, which the Journal sourced to unidentified people briefed on the matter.The report comes ahead of Tuesday’s scheduled court hearing in which Strauss-Kahn, once seen as a leading contender to be the next president of France, was due to appear before a judge for the first time since he was freed from house arrest on July 1.
Read more: http://www.foxbusiness.com/industries/2011/08/19/strauss-kahn-accuser-mulls-dropping-case-for-money-wsj/#ixzz1VWe31M4D
Comments »FLASH: GOLDMAN SACHS SLASHES ITS U.S. GDP GROWTH FORECAST AGAIN
Quants: How Wall Street Really Works
All you ever wanted to know about quant models and bots. More importantly, how they really have changed our financial world.
[youtube:http://www.youtube.com/watch?v=ed2FWNWwE3I&feature=player_embedded 450 300] Comments »Big Banks Exacerbate Foreclosure Market
Ron Paul: Perry Makes Me Look Moderate
FLASH: Markets Hit Fresh Lows for The Day; DOW Down 145 Handles
One interesting note is that 3 stocks account for most of the negative action on the DOW. Another interesting note is that the markets are now below the start of QE2.
Comments »Dollar Hits a New All Time Low Against the Yen
” Were Going to Build a Green Jobs Economy “
John Paulson Swallows a HPQ Hand Grenade
Moody’s Whistle-Blower: Agencies Rotten to the Core With Greed, Conflict, and Corruption
This Story Could Signal Real Trouble
One of the components to inflation is wage increase during times of ample M3. Well this may be the first sign of wage inflation which could spell serious run away inflation. Have to keep a close eye on this developing front.
Comments »Live Video of a Fred Flintstone Style Attempt to Stop a car
Liquidation: Winners and Losers; What are the Future Ramifications For the Banking System?
Small banks win while large banks lose on massive inflows of cash. The writer describes how the larger banks may try to reduce balance sheets. Wonder what effect this will have given leverage and risk portfolios?
Comments »Fed’s Pianalto: ” it will take years to wrench lofty unemployment rates back to normal levels,”
U.S. Senator Sanders Does Not Mind Leaking “Sensitive” Trading Information on Energy Manipulation
Bill Gross Says Bond Markets Spell Recession; Great
So the bond markets are finally telling us what equities have been saying for a while…that is if you choose to listen to Bill Gross.
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