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An aristocratic French executive and champion yachtsman who hobnobbed with royalty apparently committed suicide after losing $1.4 billion loss to swindler Bernie Madoff. The lonely death of the tormented 65-year-old money manager who invested the fortunes of the Rothschilds, Bettencourts and...

I would think the title and the meaning of the topic is selfexplaining. Cheers. :)

Some say "they" are printing money to stave of a stock market crash and still the markets crater everyday more. I wonder where Dow would be without any government intervention.... 1000?

In the midst of its negotiation with the federal government over revised terms of its bailout, American International Group Inc. sued the U.S. on Friday over a disputed $306 million in taxes, interest and penalties. The suit steps up a battle with the Internal Revenue Service largely over...

If it's that simple what's stopping them from providing what is needed now.

Would it have been cheaper for governments and central banks around the world to just guarantee deposits and let these financial entities go bust? Sure the cost would run up in the trillions but that is the case also today and still there is great uncertainty about the safety of these...

So all we need is a couple of million houses destroyed and a few million cars set on fire and this economy is back on it's feet in no time. I hope Mr Obama reads elite trader.

How does Buffet feels about gold? Cheers.

Some nice pictures here. http://www.ritholtz.com/blog/2009/02/unsold-cars-around-the-world/

Libertad, either countries cut spending, raise taxes or print money to pay for it's needs. Cutting spending is of the table obviously, like it or not. This leaves raising taxes VS printing money. Which one would you rate the most honest out of these two if you had to choose? Cheers.

lol What is propping the USD up? Fannie and Freddy? AIG? C? GM? This is a global crisis. Everyone is bankrupt.:)

God will save the Queen but that's it for you Brits.

You feel like buying gold, hughb?

Citi realy is the crappiest bank in the world. You poor, dumb and lazy? Come in and get your money! Politicians in my country have called them a criminal organisation I wonder if they'd repeat such a statement now the US government owns them.

Isnt he the guy thas has been screaming hyperinflation is coming a few trillion $ ago?

So, now C is the only tripple A bank in the world? How fast the tables turn. Everyone run to C and put your money there it's safe.

In my country there is no penalty on using drugs but there are severe punishments for dealing drugs.

That's right. The Swiss banks have a 2 trillion balance sheet? The US has a 2 trillion anual deficit! :p

Fannie and Freddie were levered 160-1 and are nationalised. Now who has the edge in such an equation?

Would you be so kind and share us those 5 members? Cheers.