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Thanks for bringing us another Depression, Wall Street! - Today’s Headlines 4/9/08

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Caro Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-09-08 11:31 AM
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Thanks for bringing us another Depression, Wall Street! - Today’s Headlines 4/9/08

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Soros: Global subprime losses likely above $1 trillion
NEW YORK (Reuters) - Billionaire investor George Soros said on Wednesday that global losses are likely to top $1 trillion from the subprime mortgage debt crisis, which he called the most severe since the Great Depression.
Thanks for bringing us another Depression, Wall Street.—Caro

Dees Illustration

For more headlines, visit MakeThemAccountable.com.

Carolyn Kay
MakeThemAccountable.com
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-09-08 11:41 AM
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1. here is a must read Greenspan article...>>LINK>>
http://online.barrons.com/article/SB120675340444773623.html?mod=b_hpp_9_0002_b_this_weeks_magazine_home_right

snip.."Greenspan, who left the Fed in 2006 but is still consulted as a genius, might find a metallic exoskeleton exceptionally comforting come May, when the University of Texas Press publishes an unflattering book by Robert Auerbach entitled Deception and Abuse at the Fed: Henry B. Gonzalez Battles Alan Greenspan's Bank.

Auerbach, a veteran Fed basher, portrays Greenspan as a real-life Professor Marvel -- who, through double-talk or "garblement," transformed himself into a mighty economic wizard à la Oz. Auerbach strongly implies that Greenspan's 1977 Ph.D. from New York University was obtained in a few months with little more rigor than a matchbook-cover art degree and that Greenspan has kept his Ph.D. thesis secret in order to protect his vaunted academic reputation"....
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-09-08 11:50 AM
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2. Your photo depicts the average baby boomer five years from now.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-09-08 12:31 PM
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3. So Greenie is just a loogie egh..... ack ... almost made myself
Edited on Wed Apr-09-08 12:31 PM by lonestarnot
:puke:
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