Posted in Economy, News and Events, tagged bridges to hope foundation, Economy, News and Events on March 31, 2008 | 1 Comment »
We are witnessing financial history in the making — right here, right now.
A newly proposed ‘blueprint’ represents the most sweeping change since the Great Depression.
For the Fed, it all goes back to a quiet meeting on Jekyll Island… where the whole thing first began.
The Fourth Branch of Power: How the Fed Is Set to Become [...]
Posted in Economy, Investments, News and Events, tagged bridges to hope foundation, Economy, Investments on March 10, 2008 | Leave a Comment »
The Credit Collapse of 2008 has begun.
The place is every home, business and government.
The time is now.
The credit collapse is not just an ordinary recession that repeats itself with each new business cycle of the 21st century. Nor is it the Great Depression returning to haunt us from the depths of the 1930s.
The [...]
Posted in Economy, Investments, News and Events, tagged bridges to hope foundation, Economy, Investments on March 3, 2008 | Leave a Comment »
3/3/2008
Billionaire investor Warren Buffet discussed the U.S. economy Monday, telling CNBC that it is in recession and, at the same time, “stocks are not cheap.”
Buffett also announced that he has rescinded his offer to bail out floundering bond insurers AmbacFinancial Group Inc. (ABK), MBIA Inc. (MBI), and Financial Guarantee Insurance Co. In mid-February he offered [...]
Posted in Economy, Investments, News and Events, tagged bridges to hope foundation, Economy, Investments on March 1, 2008 | Leave a Comment »
The last time the dollar was this low, Jimi Hendrix was on tour.”
– Barry Ritholtz, Director of Equity Research, Fusion IQ
You can’t make this stuff up, folks.
The U.S. dollar is now at its weakest point in more than 40 years. Inflation is at highest level in 26 years. And according to a recent Pew Research [...]
Posted in Investments, News and Events, tagged bridges to hope foundation, Investments, News and Events, www.bthf.org on February 28, 2008 | Leave a Comment »
Years ago, when Alan Greenspan warned of “irrational exuberance,” he did so with fire and brimstone. People paid attention. The stock market fell.
But yesterday, when Ben Bernanke issued a much broader warning — with far graver consequences — most folks on Wall Street didn’t seem to care.
Reason: They heard only what they wanted [...]
Posted in Investments, News and Events, tagged bridges to hope foundation, Investments, www.bthf.org on February 28, 2008 | Leave a Comment »
The U.S. credit markets, the giant growth engine that powers the American economy, are collapsing … with few credit sectors spared from damage, few investors escaping losses, and little hope of federal action that’s quick or strong enough to make a major difference.
Here’s what’s happening …
First and Foremost, the Fall of
The Nation’s Three Largest
Bond Insurers [...]
