Category: Credit Crisis Bailouts
The analysis published under this category are as follows.
Monday, November 10, 2008
Massive Government Bailouts and Stimulus Packages to Hit Bond Markets / Interest-Rates / Credit Crisis Bailouts
By: Mark_OByrne
Gold rose 2.1% last week and is up another 2% in Asian and early European trading. Consolidation between $700/oz and $760/oz continues but the path of least resistance for the gold market is to the upside especially as market and economic conditions look set to worsen in the coming weeks resulting in more safe haven demand.Read full article... Read full article...
Friday, November 07, 2008
Financial Meltdown Worse to Come, More Bailouts Needed! / Stock-Markets / Credit Crisis Bailouts
By: David_Vaughn
The morning after the election I went to my favorite coffee shop in town.
The sign and windows were covered up. They had just officially closed that morning due to bankruptcy. A chain of over three stores and some of their site locations were virtual money machines because they were so busy. And the ultimate bankruptcy is the personal bankruptcy of the owner of the chain. This man was one of the most prominent and wealthy citizens in town. Owned a bunch of other previously successful businesses. Now bankrupt. Too much debt that he could no longer sustain especially due to the present financial meltdown. Where was our government to bail this fellow out in his direst need?
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Wednesday, November 05, 2008
Bailout Failure and Investing in America's Future / Stock-Markets / Credit Crisis Bailouts
By: Money_and_Markets
Sean Brodrick writes: By the time you read this, America will have a new President. I hope he's better with money than the last resident of the White House. Just look at how the Bush gang is spending the $700 billion bailout package for banks — throwing it at financial institutions with few strings attached.
As a result, many Wall Street institutions are using billions and billions of taxpayer dollars to pay for fat cats' bonuses.
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Tuesday, November 04, 2008
IMF Bailout of the United States Coming? / Interest-Rates / Credit Crisis Bailouts
By: Darryl_R_Schoon
Economics has less to do with money than power. - Modern economics is not rocket science. Modern economics is a fraud. Metrics such as “monetary aggregates” and the “velocity of money” are merely devices meant to divert attention away from the fraud in progress.
Focusing on such metrics has been a critical component in the success of the bankers' extraordinary shell game of modern economics. But the current crisis has not only interrupted the bankers' confidence game, it has shed unexpected light on the precarious positions of those fleeced
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Tuesday, November 04, 2008
Governments Attempting to Rule Over Bankers / Commodities / Credit Crisis Bailouts
By: Julian_DW_Phillips
The events of the last two weeks have presented enormous ‘moral' hazards for governments and the banking industry. When we call them moral hazards we are not talking about biblical morality, but the principles behind government [Democracy] and banking [Profit and Prudence]. Read full article... Read full article...
Thursday, October 30, 2008
Fed $120 Billion Bailout of Emerging Markets / Stock-Markets / Credit Crisis Bailouts
By: Money_and_Markets
Martin D Weiss writes: While all eyes were focused today on the Fed's rate cut, the big news was the Fed's latest cockamamie effort to save world.
Indeed, just when you thought the insanity couldn't get crazier, the Fed announced it's now going to funnel a massive $120 billion of U.S. funds into Brazil, South Korea, Singapore, and Mexico.
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Thursday, October 30, 2008
Bank Bailout Cash Fuelling Buyout Deals and Not Loans / Companies / Credit Crisis Bailouts
By: Money_Morning
William Patalon III writes: While the U.S. government's plan to invest $250 billion into U.S. financial institutions has been billed as a strategy that will bolster the health of the banking system and also jump-start lending, the recapitalization plan is likely to have a secondary effect – one that whipsawed U.S. taxpayers likely won't be very happy to learn about. Read full article... Read full article...
Monday, October 27, 2008
U.S. Treasury Crams More Money Down Bank's Throats / Companies / Credit Crisis Bailouts
By: Mike_Shedlock
Bloomberg is reporting Capital One, Key Among 14 Banks Getting $31 Billion .
Fourteen regional U.S. banks, including SunTrust Banks Inc. and Capital One Financial Corp., accepted at least $31 billion in government cash as the Treasury rolled out the second half of its $250 billion package to shore up lenders and thaw frozen credit markets.
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Wednesday, October 22, 2008
U.S. Government Spends Trillions to Support Flawed Banking System / Politics / Credit Crisis Bailouts
By: John_Browne
Most Americans have come to accept the simple truth that we have eroded our national wealth by consuming far more than we produce. With this understanding taking hold, and with the severity of the financial crisis spreading, government has an opportunity to radically change course to put the nation on a different economic path. But rather than making a meaningful turn, all our politicians are willing to do is put their foot on the accelerator. Read full article... Read full article...
Tuesday, October 21, 2008
Debt Slavery is the Real Reason Behind the Bail-Out / Stock-Markets / Credit Crisis Bailouts
By: John_Olagues
I was just listening to Ron Paul on the latest Bail-Out
of banks. He disapproved of the Bail-Out because he
claims that it will destroy the financial system as we
know it by destroying the dollar's value and creating
hyper-inflation.
Ron Paul said "you can not just create trillions of dollars out of thin air without creating inflation". Paul's conclusions are based upon the idea of demand pull inflation. This means a situation where excess amounts of money are chasing a static or near static amount of goods and services.
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Sunday, October 19, 2008
Investment Banks Turned Into Public Utilities / Stock-Markets / Credit Crisis Bailouts
By: Mike_Whitney
"If you made it past the credit crisis, you are not making it past the economic carnage." Meredith A. Whitney, market analyst at Oppenheimer & Company It worked. So far. The credit markets have begun to thaw. Overnight Libor (London Interbank Offered Rate) dropped 27 basis points to 1.67 percent, the lowest level since September 2004. Three month Libor shed 40 basis points this week to 4.42 percent. The Libor-OIS spread and TED spread are edging downward, too. The VIX, the Chicago Board Options Exchange Volatility Index---also known as the "fear index"--has skyrocketed to 80, a new record. But that is to be expected; after all, Wall Street is in a panic.
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Saturday, October 18, 2008
Paulson Panics Over UK Banking Crisis Solution / Politics / Credit Crisis Bailouts
By: F_William_Engdahl
America's de facto Finance Czar, US Treasury Secretary Henry Paulson has reached for the panic button and made a dramatic 180-degree reversal of his financial bailout plan passed only days before. On September 23 in testimony before the US Congress, Paulson, former CEO of the politically influential Wall Street investment firm, Goldman Sachs, declared his adamant opposition to the idea of the US Government taking equity stakes in troubled major banks in order to provide them capital and stabilize the frozen interbank trading market. On October 13, that opposition to ‘nationalization' collapsed. What happened to cause that sudden reverse is what interests us here. It shows the utter lack of coherency in the US financial elites over how to deal with their home-grown securitization of risk fiasco. Read full article... Read full article...
Thursday, October 16, 2008
Federal Reserve Casino– "Place your Debts!" / Stock-Markets / Credit Crisis Bailouts
By: Ian_Brockwell
With the present system, a company´s worth is dictated by its stock value, which means even the best company can go out of business if its shares fall dramatically, regardless of whether it is profitable or not.Read full article... Read full article...
Wednesday, October 15, 2008
U.S. Forcing Banks to Resume Lending at Bazooka Point / Interest-Rates / Credit Crisis Bailouts
By: Mike_Shedlock
For now, you can force banks to take money, but you can't force them to lend it. Let's explore this theory starting with a look at the Drama Behind a $250 Billion Banking Deal .
The chief executives of the nine largest banks in the United States trooped into a gilded conference room at the Treasury Department at 3 p.m. Monday. To their astonishment, they were each handed a one-page document that said they agreed to sell shares to the government, then Treasury Secretary Henry M. Paulson Jr. said they must sign it before they left.
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Wednesday, October 15, 2008
Big Bailout of 2008 Breeds Moral Hazard and Socialism / Politics / Credit Crisis Bailouts
By: Michael_J_Kosares
There has been a great deal of finger-pointing going on.
Who is to blame for this extraordinary crisis? Arguably, it is the most personal of the many crises visited upon us in my lifetime and probably the most far-reaching since, as of this morning, it had engulfed most of the world. Congress and the American people are looking for a "villain" or "villains" -- someone or some group that can be tagged with the blame for what has happened to the world economy.
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Tuesday, October 14, 2008
Capitalism Without Capital? / Politics / Credit Crisis Bailouts
By: Dr_Ron_Paul
It has been long understood that our federal government is going deeper into debt, consistently raising the debt ceiling and demonstrating no fiscal restraint. In recent years, debt ceiling increases have been placed in "must pass" legislation as a means to guarantee that Republicans as well as Democrats would vote for them when Congress was under Republican control. Read full article... Read full article...
Tuesday, October 14, 2008
Central Banks Announce Unlimited Borrowings / Politics / Credit Crisis Bailouts
By: Mike_Shedlock
Stocks soared today as Europe, the US, and in fact Central Bankers everywhere "let it all hang out". Please consider Europe puts more on the line for banks than US .
Europe put $2.3 trillion on the line Monday to protect the continent's banks, a figure that dwarfs the Bush administration's $700 billion rescue program, in its most unified response yet to the global financial crisis after a stumbling start.
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Monday, October 13, 2008
Unavoidable Financial Collapses and Backfiring Government Actions / Politics / Credit Crisis Bailouts
By: Money_and_Markets
Open Letter to
Dominique Strauss-Kahn, Managing Director of
The International Monetary Fund (IMF)
From
Martin D. Weiss, Ph.D., Chairman,
Sound Dollar Committee
Sunday, October 12, 2008
Dow Jones Crash Shows $700 Billion Bailout an Exercise in Futility / Stock-Markets / Credit Crisis Bailouts
By: Professor_Emeritus
Troubled Ass Relief Program (Tarp)
- As the precipitous drop of the Dow Jones index of industrial stocks to the 8600 level on Thursday shows, the $700 billion bailout is an exercise in futility. The rescue effort administers one wrong medicine after another. Shunting rotten assets to the balance sheet of the central bank is not the way to go. Consolidating banks through forced mergers is not the way to go. Cutting interest rates is not the way to go. These measures make the problem worse, not better. Read full article... Read full article...
Thursday, October 09, 2008
Financial Warfare Over Future of Global Banking Power / Politics / Credit Crisis Bailouts
By: F_William_Engdahl
What's clear from the behavior of European financial markets over the past two weeks is that the dramatic stories of financial meltdown and panic are deliberately being used by certain influential factions in and outside the EU to shape the future face of global banking in the wake of the US sub-prime and Asset-Backed Security (ABS) debacle. The most interesting development in recent days has been the unified and strong position of the German Chancellor, Finance Minister, Bundesbank and coalition Government, all opposing an American-style EU Superfund bank bailout. Meanwhile Treasury Secretary Henry Paulson pursues his Crony Capitalism to the detriment of the nation and benefit of his cronies in the financial world. It's an explosive cocktail that need not have been. Read full article... Read full article...