Showing posts with label portugal. Show all posts
Showing posts with label portugal. Show all posts

Monday, May 16, 2011

markets go wild after imf head kahn arrested for sexual assault

from washington post: A New York criminal court judge denied bail to Dominique Strauss-Kahn, head of the International Monetary Fund, after he was charged with attempting to rape a housekeeper at a hotel in Midtown Manhattan. Strauss-Kahn, also charged with a criminal sex act and unlawful imprisonment, made his first courtroom appearance after being pulled off a Paris-bound plane minutes before takeoff Saturday afternoon. Prosecutors had planned to bring him before a judge Sunday before deciding to delay a day so they could search him for physical evidence. Authorities allege that Strauss-Kahn, 62, attempted to rape a housekeeper at the Sofitel in Midtown Manhattan, where he was staying; police said she later picked him out of a lineup. He planned to plead not guilty, according to his attorney, Benjamin Brafman, who has defended a number of high-profile clients...

Wednesday, November 17, 2010

killing jpmorgan with silver bullets

video: crash jpmorgan buy silver
killing jpmorgan with silver bulletsfrom washington's blog: Leading economists and financial experts say that our economy cannot recover until the too big to fails are broken up. See this and this. The giant banks have been sucking money out of the real economy and making us all poorer. But the government is refusing to even rein in the mega-banks, let alone break them up. One of the too big to fails - JP Morgan - manipulates the silver market. See this, this, this, this and this.

According to the National Inflation Association, JP Morgan is “short 30,000 silver contracts representing 150 million ounces of silver. This is one of the largest concentrated short positions in the history of all commodities, representing 31% of all open COMEX silver contracts.” This could leave JP Morgan exposed if people go out and buy physical silver in large numbers.

Mike Krieger and Max Keiser have an idea for attacking the weak underbelly of the seemingly invincible too big to fail banks and market manipulators ... all at the same time. Specifically, they say that if everyone buys just 1 ounce of silver, it will force JP Morgan - a giant manipulator of the silver market - to cover its short positions, and drive it out of business.


econocrash updates:
euro under siege after portugal hits panic button*
could erupting financial crisis lead to the end of the euro & the breakup of the european union?*
wall street quietly seeks to undo new financial rules*
'these numbers will increase': US sets 50 bank probes*
government employees owe billions in delinquent taxes*
more americans quitting jobs than being laid off*
penny-pinching consumers cutting cable, cell service*
wal-mart's secret study: inflation already here*
wash post runs '5 myths about federal reserve' written by rothschild economist*
video: 'quantitative easing' & the money scam explained*

Tuesday, April 27, 2010

econocrash: fortune, fail & the fed + geopolitiks update

chris ware's rejected fortune cover paints honest,
dismal picture of american capitalism

chris ware's rejected fortune cover paints honest, dismal picture of american capitalismfrom huffpo: When Fortune magazine asked comic book artist and Oak Park resident Chris Ware to design the cover of their "Fortune 500" issue, they were probably not expecting his "beautiful and Marxist" interpretation of modern capitalism. Chicagoist reported Friday that Ware was asked to design the May cover of the magazine, but his final product, which featured "Guantanamo Bay prisoners, Mexican factory workers, and a few potshots at business execs and money-grubbing politicians" was apparently not what Fortune had in mind--they killed the cover. Still, a high-resolution version of the Ware cover is making its rounds on the Internet - and fans are delighted.


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