Approved
Congress OKs release of final $350B of bailout- AP “Congress laid the foundation for President-elect Barack Obama’s economic recovery plan on ... for the financial industry while majority Democrats proposed spending increases and tax cuts totaling a whopping ... but balance sheet solvent if it holds illiquid assets, particularly against short term debt. [more...]
Date: 2009-01-16 00:29:11
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Moolanomy’s Past Articles By The Number
My family is going on a vacation for a few days. We’re going as far south as Virginia Beach on this trip and I look forward to see the Chesapeake ... When I Went to College 7 Steps Debt Reduction Illustrated 7 Ways To Get A College Degree For Less 10 “Preparing For Baby” Tips For the Frugal-Minded 10 Baby Steps to Financial Recovery 10 Ideas To [more...]
Date: 2008-07-03 12:00:05
Financial Crisis
FINANCIAL CRISIS CURE It is a well-documented fact that the financial crisis was caused by corporations and individuals knowingly, ... amounts of further debt, the government can start a RECOVERY PROGRAM designed to identify [more...]
Date: 2009-01-10 04:15:40
Bankruptcy Rules Thwart the Recovery
As seen in the Wall Street Journal The epic financial crisis afflicting the banking industry in the last 18 months is largely the result of ... in this bear market, the prospect of a bankruptcy puts a huge damper on investor appetite for debt ... debt issued for scores of leveraged buyouts in recent years. This sorry state of affairs could [more...]
Date: 2009-01-13 17:44:29
Four challenges in Pittsburgh for the G20
Guest Author: Uri Dadush, Carnegie Endowment The Great Financial Crisis is far from over, but a stimulus-triggered recovery is now taking hold. The contours of the post-crisis economy are already emerging—from the sharply rising public debt levels in most industrial countries to the severely impaired balance sheets of banks and households in countries at the epicenter of the banking disaster, including the United States, the UK, and several smaller European countries. [more...]
Date: 2009-09-24 00:00:02
Two Very Different Views On What To Expect In 2009
From MarketWatch Doomsayers warn: ‘No recovery before 2010 …So first let’s review Shilling’s forecasts for 2009 ... s part of a growing chorus of experts who believe “the worst global financial crisis and deepest ... lack.) Sell emerging-market equities. Sell emerging-market debt. Sell stocks in general [more...]
Date: 2009-01-15 03:42:37
Nationalising the economy
Mandelson unveils business aid plan - Scotsman.com News The Financial Times said the Government would underwrite 50% of up to £20 billion of " ... available to viable small firms in sectors considered vital to economic recovery and that there would be a multimillion-pound fund to provide share capital in debt-laden small firms with promising futures [more...]
Date: 2009-01-14 06:46:41
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