James Passin: Rising Commodity Prices to Trigger Renaissance for Nuclear and Gold

Source: The Gold Report Commenting on what he views as an inevitable hike in commodity prices—and an equally inevitable shift into ... credit crisis has triggered a host of feedback effects, which have resulted in driving down energy ... economic conditions. There’s no credit lines needed to finance purchases, so we’re seeing catastrophic [more...]

Date: 2009-01-14 14:30:29

Blog posts (4) | Videos (6)
 

Bank of America Needs America’s Money

Ongoing chatter about the health of Steve Jobs aside, the focus, once again, is on the banking industry, ... and additional funds set aside for credit losses. But J.P. Morgan shares rose 49 cents to $26.40 a share, as this report was viewed as a bit better than anticipated. The same cannot be said for Bank of America [more...]

Date: 2009-01-15 15:20:40

Bank of America Needs America?s Money

Ongoing chatter about the health of Steve Jobs aside, the focus, once again, is on the banking industry, ... and additional funds set aside for credit losses. But J.P. Morgan shares rose 49 cents to $26.40 a share, as this report was viewed as a bit better than anticipated. The same cannot be said for Bank of America [more...]

Date: 2009-01-15 14:38:49

Rating cannot be construed as a substitute for an exhaustive audit or a fraud detection

Sep 26, 2009Accounting, Audit The credit crisis has exposed weaknesses in many financial intermediaries. How can rating agencies ensure their views are more accurate and unbiased?  Despite due diligence, there is always scope for improvement. Credit rating agencies (CRA) do not carry out a separate audit but takes cognisance of the information available from annual reports, submissions from management, secondary sources and opinions from lenders/ investors. [more...]

Date: 2009-09-26 05:31:47

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