... that bank ing establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale. ...
Friday, October 02, 2009
There have been 109 bank failures since the beginning of 2008.
And now the vultures are out. As per The Wall Street Journal:
The biggest spur to deal-making among bank s isn’t private-equity ...
Monday, August 31, 2009
Is it wiser to profit off a rigged game – or duck out and miss the inevitable rain of fire?
“It’s a throwdown… a feud at Taipan Daily… Lass is long and Litle is short…”
Not really.
First of all, ...
Monday, August 31, 2009
... YORK — Morgan Stanley said Thursday it repurchased warrants it issued to the government as part of last fall's bank bailout program for $950 million.
New York-based Morgan Stanley issued the warrants, ...
Thursday, August 06, 2009
... out of the room. California is so woebegone that it is actually running out of cash in the till like some kind of bank rupt shop owner. Seriously, come the end of July, Cali state bonds – and paychecks ...
Monday, June 29, 2009
GM Close to Bank ruptcy
Bank ruptcy Looms for GM As Bond Holders Reject Offer
A Taipan Publishing Group Market News Article By Sandy Franks, Executive Publisher, Taipan Publishing Group
Yesterday the ...
Wednesday, May 27, 2009
... government bailout . Criticism intensified over bonuses to employees of the Financial Products unit that brought the firm to the brink of bank ruptcy.
In March, with Liddy’s consent, the company “gave ...
Friday, May 22, 2009
8.
States in Debt
(Matching tags: BreakAway Investor,Christian DeHaemer,Bank Bailout)
... outlined in this letter and you’ll learn how to add $4,570 to $11,450 to your bank account every month, courtesy of the U.S. government. Sound too good to be true?
Read on and learn how you can boost ...
Friday, May 22, 2009
Results from the government’s stress tests of the largest 19 bank s in the U.S. show that bank s need to raise only $74.6 billion in capital to be sound enough to survive the financial crisis.
Almost half ...
Friday, May 08, 2009
... dividends. It also took a $1.3 billion hit when the price on some convertible preferred shares it sold in January 2008 reset. Those costs come out of common shareholders’ pockets – which is why the bank ...
Friday, April 17, 2009
... bank by assets, just announced record revenues and earnings that beat estimates…
Let’s look at the straight numbers and figure out why the market isn’t rallying hard on this news…
The first thing you’ll ...
Thursday, April 16, 2009
As the U.S. government seems to be pushing General Motors (GM:NYSE) closer to bank ruptcy, GM bondholders are starting to get nervous.
Late yesterday, the government announced it might be interested in ...
Wednesday, April 15, 2009
Nineteen of the largest bank s in the United States are being poked and prodded, and hooked up to fancy EKGs and beeping monitors…
The U.S. government is “stress testing” their balance sheets. Another ...
Monday, April 13, 2009
Tragedy is turning into farce as the real intent of the bank rescue plan becomes apparent. Geithner and the bank sters have adopted the playbook of a true fraud-and-deceit all-star: Enron.
No matter ...
Thursday, April 09, 2009
... not 72 hours from conducting a big-bank er sitdown described as “cordial” by both sides.
It seemed, at first, that this sharp contrast in treatment was merely due to political expediency... a case of ...
Friday, April 03, 2009
... doesn’t, it will be allowed to collapse.
The Obama administration, according to MarketWatch.com, “said that the best chance for success for General Motors and rival Chrysler may be bank ruptcy.”
A tough ...
Monday, March 30, 2009
... the details…
A Classic Con
As the great housing bubble turned to bust, ugly stories arose of slick con men (and women) ripping off community bank ers, wide-eyed innocents, and pretty much anyone ...
Monday, March 30, 2009
... Cure!
Find out why this veteran $100 million hedge fund manager is finally breaking Wall Street’s “Code of Silence” after 10-years. He just posted 178% in only three days.
Learn how you could bank ...
Friday, March 27, 2009
... non-bank s ‘out of their misery.’”
A sort of Bailout Czar? Á la New York Attorney General Andrew Cuomo, perhaps, who has hit the news recently, finding that 73 AIG employees received a bonus of at least ...
Tuesday, March 24, 2009
We knew it was coming. It was the plan all along, left hanging over from the last administration’s bailout plan… Buy up the bad assets bank s purchased so that they can clear their books and start lending ...
Monday, March 23, 2009
Finally, as public anger grows at the $165 million spent on retention bonuses to AIG employees, Chairman and CEO Edward Liddy is speaking out.
In an “interview” with Congress, Liddy said, “Because of… ...
Wednesday, March 18, 2009
... taxpayers’ money went.
Now we’ve got a list:
Goldman Sachs (GS:NYSE): $12.9 billion Societe Generale (SCGLY:OTC): $11.9 billion Deutsche Bank (DB:NYSE): $11.8 billion Barclays (BCS:NYSE): $8.5 billion ...
Monday, March 16, 2009
... wonders aloud, as do I, how in the heck taxpayers can pony up $162 billion and still not own AIG lock, stock and barrel. (As a side note, Roubini calls the bank nationalization debate “surreal” given ...
Wednesday, March 11, 2009
Did Warren Buffett get what he deserved? Should Europe’s bank s be left for dead? Are the neocons trashing Ukraine? Today, those answers and more as we dip into the mailbag...
I had a topic lined up for ...
Friday, March 06, 2009
... that someone bought them up and scrapped them all. Now who would do such a thing?
Actually, General Motors (GM:NYSE) would, which has a great deal to do with why I am inclined to consign the bank rupt ...
Thursday, February 19, 2009
The Obama camp’s refusal to deal with the zombie bank s is both maddening and infuriating – and Treasury Secretary Tim Geithner is proving to be a shill and a disgrace.
"Wall Street, I think, is hoping ...
Friday, February 13, 2009
... Dice” for Seven Figures!
Imagine starting with a few hundred dollars, only to wake up in a year’s time with a seven-figure bank roll. This cutting-edge investment formula has turned countless folks into ...
Thursday, February 12, 2009
... by while your money evaporates in a cloud of investment bank rubble… they spend hundreds of billions of YOUR money to finally try to fix the problem… and now they’re LYING to you about how much money it’s ...
Thursday, January 08, 2009
... says that all he needs is access to the rotating credit lines he can’t get from the bank s anymore. If he can’t get that, he’ll muddle through somehow.
Maybe he’ll sell Volvo back to the Swedes or peddle ...
Thursday, December 04, 2008
... billion – by way of pension liabilities for GM retirees. (The Pension Benefit Guaranty Corporation, or PBGC, backstops corporate pensions much as the FDIC backstops bank accounts.)
Wagoner furthermore ...
Wednesday, November 26, 2008
Citigroup is one of the world's best-known bank ing brands, with more than 200 million customer accounts in 106 countries. Its plunging stock price threatened to spook customers and imperil the bank . – ...
Tuesday, November 25, 2008
Not every automaker CEO is down on his knees with cap in hand. Some of them are too proud to beg... and Taipan Daily won't have to beg either with the right options strategy.
Not every auto manufacturer ...
Monday, November 24, 2008
... a giant failure vortex.
Bank ruptcy Basics
First let’s reconsider the case for letting GM go bank rupt – which requires a quick recap of the bank ruptcy system itself.
The moral side of the ledger seems ...
Tuesday, November 18, 2008
Charitable as the thought might be, Washington simply doesn’t have deep enough pockets to bail out every deadbeat.
Did you really think it would stop at a mere trillion for the bank s?
I am speaking ...
Thursday, November 13, 2008
... of anything more right now, as the London credit benchmark has already plunged to a four-year low.
At 2.29%, LIBOR (the rate that bank s loan to each other) is at its lowest level since November 2004. ...
Monday, November 10, 2008
With all the talk of bailout , Adam Lass explores an even bigger story looming behind the scenes: zero percent consumer spending growth.
For the past few days, it has been impossible to avoid “The Great ...
Thursday, October 02, 2008
...
Too Much Leverage
The problem, in a word, is leverage. Rightly or wrongly, we all got leveraged up to the eyeballs these past few years. Not just the Wall Street bank s (though they were ...
Tuesday, September 30, 2008
... Wall Street pockets.
Justice says I am angry.
You bet I am angry.
Sincerely yours,
Adam
Editor's Note: The U.S. bank ing industry is in the midst of an catastrophic collapse that could ...
Monday, September 29, 2008
... likes to say.
Central bank s all around the world have trillions in cash reserves... Uncle Sam has a printing press that chugs out the world’s reserve currency at the touch of a button... and there are ...
Friday, September 26, 2008
... too, that this is an opening number. It doesn’t necessarily include relief for upside-down homeowners, strapped consumers, foreign bank s or many other potential “extras” that could be added to the tally. ...
Tuesday, September 23, 2008
... eight days, the select group that attended already had the chance to bank 218% from the info they received there.
Now you can learn everything they did and grab a shot at 275% more in profits with this ...
Friday, September 19, 2008
... the day it was given, they could have cashed out just eight days later with a cool 218% in their pockets.
Here’s your chance to access the same information… and bank triple-digit gains by the end of ...
Friday, September 12, 2008
With Americans driving less and bank s tightening the screw, Detroit’s “Big Three” -- Ford, GM and Chrysler, could be the next big bailout .
“Life is a highway, and I wanna drive it all night long...” ...
Friday, August 01, 2008
