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    "The Great Depression: A Diary"

    There is moral dilemma for saving banks on tax payer expensive. On top of that, Back in 1930s, there weren't any other countries which can lend back into US. Look at today's banking, people who wracked the system were getting bonus on top of bonus, which was unheard in 1930s, and majority of...
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    Making 1/2 as Much: Pay cuts more frequent than at any time since Great Depression.

    Same old problem, woman and money, :D
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    Why is there a dollar shortage in the real US economy

    fed fund rate only benefits commercial banking immediately, retail banking still have great deal of difficulty to lend and spiking loan lost. From last quarter earning, GS and JPM were doing well, but BAC and C were still losing money. You can see the disconnection within banking sectors...
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    Do not buy a house! "Foreclosures are going to explode again"

    The entire article used examples of auction from the worst part of Chicago, yet only last 4 short paragraphs talked about the housing market; very misleading.
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    Raj Rajaratnam, Founder of $3 Billion Galleon Group Hedge Fund, Arrested

    LOL, the entire financial system is based on a cheater system, ponzi or what ever the government called it, only the best and brightest cheater make the most money, if you say zero tolerance, you should not play the market at all. Grow up. I have great deal of tolerance(respect) for...
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    Oct 20 2009, PBS frontline the warning.

    http://www.pbs.org/wgbh/pages/frontline/warning/ mark the date.
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    At what point does the Fed raise rates?

    I was worried about Fed may raise its rate in Dec after seeing eurodollar drop down in last week. you are right, the front end eurodollar and fed funds only 16-18bps apart. Well, eurodoolar rebounded and usd crashed further and breached 1.49 today.
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    At what point does the Fed raise rates?

    yeah, two days ago, GEZ9 almost breached 99.6, then it bounced back. Scare stuff. :D
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    BREAKING NEWS: Dollar loses reserve status to yen & euro

    In addition, the new Japanese government is thinking only buy yen dominated debts further away from its tie to US debts. Take a closer look at East Asian, it has changed so much people don't realize until too late, we are talking about East Asian, not Latino American, where you can put up...
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    BREAKING NEWS: Dollar loses reserve status to yen & euro

    :D you are truly unbelievable. At current rate of decline, USD will be long dead before fed start raising its rate. (Tonight, USD is very close to breach 1.49 again) There is no thing US can do to save USD other than raising its rate significantly. On top that, there is nothing US can do...
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    Asia countries break futures trading rules

    Lot of food processing companies buy futures and taking delivery.
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    BREAKING NEWS: Dollar loses reserve status to yen & euro

    Yeah, China is still buying more US short term debts. The thing really scared me the most is baby-boomer is going to retirement within next 10 years. Who is going to pay for and support this system anymore? Higher taxes or Higher interest rate. By the way, 10 years and 30 years are jokes at...
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    BREAKING NEWS: Dollar loses reserve status to yen & euro

    Base on all these debts, i am surprised, there are still people willingly lend to US government. :)
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    GPU accelerated high-frequency trading

    the concept is not new, check out OpenVIDIA.
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    GreenShoots! They Literally Can't Shut Refineries Fast Enough Due to Massive Gas Glut

    Yawn, You sure didn't read weekly oil report. Nothing new and surprise.
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    How is stock mkt news disseminated

    You pick up phone and dial: Blue Horseshoe loves Anacott Steel. oh wait, replace it with chevron.
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    Hinckley Yachts: Killed by private equity scumbags, just like Simmons Mattress was

    I agree on the first part, the blame should go to central bank, which provided the liquidity, everyone else in between smart enough will grab as much as possible for themselves. on the 2nd part, the original owner has sold his interest to private equity guys and got rewards with many perks...
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    Dow up 936 in historic rally, October 13th, 2008!!!!!

    summer 09, yeah sure.:D
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    When will we see a rate hike?

    The problem is that US doesn't have the time wait for improving employment rate and inflation, (most inflation has gone out of US anyway by carry trade with USD). Without sufficient capital coming in US, treasury rate will go up. Obama can send more troop into Afghanistan, and helping lower...
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