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'ups the penalty?" thats a serious understatement. So now the government will look at your finances and see if you have the ability to pay to a private cartel institution? If you do, and you exercise your contractual obligation to default, never mind getting a mortgage again. Unless you can get...

Interesting system, up as of late. The real question is are you positive on a risk adjusted basis. You mention that the correlation between instruments isn't accounted for. I would caution that this will break the bank sooner or later. You have to ask the question, what benefit is realized by...

Its a charade, but when there not even willing to put on the charade anymore you really got to wonder.

There's opportunity for all kinds of torts here. The problem is its too much of a good thing for lawyers. The proceedings will take forever and if they succeed the judgments may very well never be recovered due to bankruptcy. BP has near infinite liability (>1 Trillion) under federal oil spill...

By keeping housing loans available, those who are credit worthy can still buy houses. The task then becomes getting these people to buy, when there are still many clouds over the housing market. Everybody knows banks have huge unsold inventory which they have hardly begun to liquidate. Banks...

Yes this is a HUGE HUGE HUGE stealth bailout. Essentially the big banks got the GSEs buy up their non performing loan assets, to the tune of 5T in Q1 of 2010. Very little to no reporting has been done on this issue. The numbers don't lie, however. This is a bigger bailout than the TARP. Take...

shill

Big moral hazard here. Way too many specs piling in on this "one way" bet of appreciation. The central bank of china shouldn't announce their policies like this. China is already far too attractive to hot money capital flows.

Not really surprising this happened. Its not like FCMs see trade case inflow/outflows in real time. The system is still relatively low tech. These things are settled the next day. If the online accounting only showed 1/10 the loss it should have, it would've appeared that the account still had...

All good points. One wonders what happens when interest rates rise and the debt again has to be rolled over. Right now corporations are borrowing large amounts of cash into bond market strength in anticipation of higher borrowing costs. As long as people are willing to spend (code word for...

In 2000, the total private credit market debt was 27138.3 billion dollars. By 2008, it had nearly doubled to 52589.0 billion dollars. Total private credit market debt has since stagnated and decreased for the first time in history...

BP needs to go bankrupt. This is the most evil company in the history of the world. They complained to the US about oil nationalization in Iran and the CIA installed the Shaw. Look at all the blowback that alone has caused. All to make money, the world be damned.

Has anybody had luck with these websites or nightmares? I've had work done using getafreelancer which was nothing spectacular, expensive and incomplete. Perhaps my mistake was agreeing to pay half, halfway? Perhaps freelance websites that use a escrow payment method are better. Regardless...

Alot of the platforms people use to trade futures on are terribly antiquated and full of bugs. Its unbelievable that people use them to trade their hard earned money. I'm not sure so much you should blame the broker as you should blame the software provider/ licensor. "Ghost orders" are...

Sure they can. Running a hedge fund isn't about making big returns for your clients. Its about taking home big checks for yourself regardless how your fund preforms.

You can trade with very low/ no leverage. In the interim you would have to pay the negative swap for being short euro. As long as parity happens in the next few years you would make money. Everybody expects the ECB to lower rates so the swap costs should decrease anyway.

Didn't say those were moral, just that BP is immoral. BP has a culture of cutting corners and ignoring employee's concerns. The Prudhoe Bay oil spill is a good example of this. The Texas City Refinery explosion is another good example of BP's negligence. Not to mention the most recent leak...

I wouldn't bid BP at any price. It's an immoral company with enormous liability are reputation risk. Some of its competitors might be worth a look for cheap.

This gulf disaster has been a stunning inditement of corporate greed. A company making a billion a month yet still cutting corners. There needs to be a criminal investigation on this one. The credible threat of jail is the only thing that might slow down the executives at multinationals from...

BP ruined the GULF. This is what our corrupt government and corporations colluding together have caused. See for yourself: http://rapidfire.sci.gsfc.nasa.gov/subsets/?subset=USA7.2010147.aqua.1km