Bailout? What bailout?
NEW YORK, October 8 (RIA Novosti) — The U.S. stock market has suffered a $700 billion paper loss in a single session, as measured by the Dow Jones Wilshire 5000 Composite Index, which tracks the stocks of 5,000 U.S.-based companies. (more…)
Categories: Wall Street · news
Tagged: bailout, Ben Bernanke, derivatives, Dow Jones, George W. Bush, Medvedev, RIA Novosti, stock market crash, sub-prime mortgage crisis
The derivatives are unwinding! The market is crashing! Send in the PPT!
The Working Group on Financial Markets or PPT (Plunge Protection Team) is a rather shadowy organization pledged to save Wall Street from crashes like this.
IMO, this is evidence of their handiwork. The wind didn’t change direction and fix the market, something clearly interfered around 2:45PM, October 6, 2008..
Categories: Wall Street · analysis
Tagged: Ben Bernanke, CFTC, Christopher Cox, Commodities Futures Trading Commission, derivatives, Executive Order #12631, Federal Reserve, Henry Paulson, Plunge Protection Team, PPT, SEC, stock market crash, Walter Lukken, Working Group on Financial Markets
Categories: Wall Street
Tagged: $700 billion, bailout, Barney Frank, Ben Bernanke, Congress, derivatives, financial instruments, Henry Paulson, House of Representatives, mortgage-backed assets, mortgage-backed securities, Nancy Pelosi, NO bailout, sub-prime mortgage crisis, usury
Paulson & Bernanke prepare to rob the American ppl
9/27/08—DUPED MCCAIN FALLS INTO WALL STREET BAILOUT TRAP SET BY PAULSON OF GOLDMAN SACHS by Webster G. Tarpley
9/27/08—McCAIN WIMPS OUT ON $700 BILLION DERIVATIVES BAILOUT, LETS BARKY OFF THE HOOK by Webster G. Tarpley
9/24/08—TELL MCCAIN: OPPOSE DERIVATIVES BAILOUT OR DROP WHITE HOUSE BID ; A GENERAL STRIKE AGAINST THE BAILOUT IS URGENT by Webster G. Tarpley
9/23/08—NO TO THE PAULSON-BERNANKE DERIVATIVES BAILOUT: Bail Out the American People, Not Wall Street! An Economic Recovery Strategy for Protectionists, Dirigists, Mercantilists, and Populists by Webster G. Tarpley
Categories: Wall Street · Webster Tarpley · analysis
Tagged: bailout, Ben Bernanke, derivatives, Federal Reserve, goldman sachs, Henry Paulson, john mccain, morgan stanley, new deal, oil speculation, Webster Tarpley
Categories: +audio · Wall Street · Webster Tarpley · interview
Tagged: bailout, Ben Bernanke, derivatives, goldman sachs, Henry Paulson, JP Morgan, morgan stanley, Webster Tarpley
Categories: +audio · Wall Street · Webster Tarpley · interview
Tagged: bailout, Ben Bernanke, derivatives, FED bailouts, Henry Paulson, sub-prime mortgage crisis, Webster Tarpley
This report, from September 12, puts the bailout figure much higher than the $700 billion we were told
The U.S. Treasury Department is working through the weekend with Congress to craft a plan to spend as much as $700 billion to absorb bad mortgages and other assets from bank or other institution balance sheets to keep the financial system from collapsing.
The move comes close on the heels of an $85 billion Federal Reserve rescue of American International Group and the Treasury’s takeover of housing finance firms Fannie Mae and Freddie Mac.
The Treasury plan, which follows a new federal guarantee for money market fund holdings, would push Washington’s potential bailout tab to $1.8 trillion.
source: CNBC/Reuters
Categories: Wall Street · news
Tagged: $1.8 trillion, $700 billion, bailout, Ben Bernanke, derivatives, Fannie Mae, Federal Reserve, Freddie Mac, Henry Paulson, sub-prime mortgage crisis, treasury
Web of Debt, by Ellen Hodgson Brown
Ellen Brown explains the web of control of the world financial system by Wall St financiers.
EXCELLENT article!
Categories: Wall Street
Tagged: AIG, Alan Greenspan, bankruptcy, Barclay's, Bear Stearns, Ben Bernanke, credit default swaps, derivatives, Ellen Hodgson Brown, Fannie Mae, FDIC, FDR, FED bailouts, Federal Reserve, Federal Reserve Act, financiers, Franklin Delano Roosevelt, Freddie Mac, hedge funds, Henry Paulson, Herbert Hoover, Home Owners Loan Corporation, JP Morgan, Lehman Bros, ponzi scheme, pyramid scheme, quadrillion, Reconstruction Finance Corporation, sub-prime mortgage crisis, Sustainable Energy Development, The New Deal, Tim Geithner, unravelling, unwinding, US Treasury, Wall Street, Warren Buffett, Weapons of Financial Mass Destruction, Web of Debt
Categories: +audio · Wall Street · Webster Tarpley · interview
Tagged: AIG, bailout, Ben Bernanke, crisis, derivatives, Fannie Mae, Federal Reserve, Freddie Mac, goldman sachs, Henry Paulson, JP Morgan, morgan stanley, sub-prime mortgage crisis, Webster Tarpley
