Just as the United Arab Emirates are bailing out Citigroup, Sony and
Advanced Micro Devices, Inc.:
Dubai Fund Appoints Sony ex-CEO to Advisory Board
By Kiyoshi Takenaka - Reuters (29 Nov 2007)Arab Emirates Ride to Rescue
By David Olive - TheStar.com (29 Nov 2007)
Middle East Peace Talks are announced, and then the police recommend
that the criminal investigation into Prime Minister Ehud Olmert be dropped:
Olmert: Palestinian State Key For Israel
By Josef Federman (29 Nov 2007)
”Talkin’ to America” is a weekly series of provocative, hard-hitting interviews that is posted in MP3 format on our website each week. We also post interview notes for each interview.
To ensure the highest quality, we record in a studio which costs over $100 per session. At one interview per week, that’s over $5000 per year! But we feel this information — all meat and no fluff! — is crucially important to our members, particularly at a time when our freedoms are under attack from all quarters.
If you’d like to help us keep the First Amendment and your Second Amendment rights alive by producing these relevant and timely pieces, please consider donating If you donate $25 or more, we’ll even list your name on our ”Talkin’ to America” Supporters page!
One . . . with courage makes a majority.
~ Andrew Jackson
An excellent strategic overview of the global drain engineered via a
falling dollar…
Dollar’s Fall is Now a Bigger Political Issue Than an Economic One
By Liam Halligan - London Telegraph (25 Nov 2007)
E*Trade Gets Help From Citadel [Must subscribe to read full article.]
By Susanne Craig, et al - Wall Street Journal (29 Nov 2007)China’s Hong Kong Pilot Stock Plan Will Proceed, Official Says
By Zhao Yidi & Luo Jun - Bloomberg News (29 Nov 2007)Oil Surges After Enbridge Pipeline Blast Cuts Supply
By Grant Smith & Eduard Gismatullin - Bloomberg News (29 Nov 2007)US Bank Earnings Plunge in Third Quarter [Must register to read full article.]
By Ben White - Financial Times (28 Nov 2007)Rough Ride Ahead as Winnebago in Downturn
By David Litterick - London Telegraph (30 Nov 2007)As Credit Dries Up in US, Concerns Mount About Recession
By Peter S. Goodman - International Herald Tribune (28 Nov 2007)Fed, Treasury, FDIC Stymied by Lack of Data on Subprime Loans
By Craig Torres & Alison Vekshin - Bloomberg.com (29 Nov 2007)ECB Rate Cut Please Grow as Euribor Goes Mad
By Ambrose Evans-Pritchard - London Telegraph (30 Nov 2007)Main Treasurer Criticizes Merrill for Subprime Bet
By Svea Herbst-Bayliss - Reuters (28 Nov 2007)Florida Moves to Stop Run on Fund [Must register to read full article.]
By Stacy-Marie Ishmael, et al - Financial Times (30 Nov 2007)The Treasury’s Missing Minutes Mystery
By John Crudele - New York Post (29 Nov 2007)KfW Doubles IKB Cover to L5bn
By Ivar Simensen - Financial Times, Frankfurt (27 Nov 2007)ACT NOW: US Energy Bill Continues to Hang in the Balance
Focus Renewable Energy (27 Nov 2007)Why the Rich Get Richer: Welcome to Turbulent Times
By Robert Kiyosaki - Yahoo Finance (26 Nov 2007)Shareholders Act Against Ratings Agencies
By Yvette Essen - London Telegraph (27 Nov 2007)Kelda Agrees to Be Bought by Citigroup, HSBC Group
By Nicholas Larkin & Ambereen Choudhury - Bloomberg.com (26 Nov 2007)HSBC May Need $12 Billion for Bad Debts, Goldman Says
By Ben Livesey - Bloomberg News (26 Nov 2007)Abu Dhabi to Bolster Citigroup With $7.5 Billion Capital Infusion
By Robin Sidel - Wall Street Journal (27 Nov 2007)You’ll Find Your Fortune Falling All Over Town . . .
By Ye Xie & Craig Torres - Bloomberg News (26 Nov 2007)US Consumers Spent Average of 3.5% Less on Shopping
By Cotten Timberlake & Tiffany Kary - Bloomberg.com (25 Nov 2007)Bank of International Settlements Reports Outstanding Derivatives at $516 Trillion
Bank for International Settments (Nov 2007)‘Super SIV’ Fund Seen as Device for Ingratiating Banks With The Government
By David Mildenberg & Christopher Condon - Bloomberg News (26 Nov 2007)Is Your Bank at Risk of Failure?
By Liz Moyer - ABC News (19 Nov 2007)Dollar Displaces Yen, Swiss Franc as Favorite for Carry-Trade Funding
By Bo Nielsen - Bloomberg News (26 Nov 2007)Room 1408: Check Out Time?
Wall Street Examiner Blog (23 Nov 2007)Will Europe Impose Exchange Controls to Head Off Disaster?
By Ambrose Evans-Pritchard - London Telegraph (23 Nov 2007)Trichet Has Plenty of Helicopters Too
By Ralph Atkins, et al - Financial Times, London (23 Nov 2007)Trillions of Dollars Wiped Out
The Daily Reckoning - UK Edition (27 Nov 2007)Florida School Fund Rocked by $8 Billion Pullout
By David Evans - Bloomberg News (28 Nov 2007)
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Gold De-Hedging to Top 12.9 Million Oz in 2007
By Allan Seccombe - MiningMx (28 Nov 2007)
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Biofuel and Diet Sow Seeds of Farm Crunch
By Ambrose Evans-Pritchard - London Telegraph (26 Nov 2007)
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YouTube Video Clip: Lion and the Woman Who Saved Him
Soul of the Garden - Daily Muse
Planet-saving Madness
By Christopher Booker - London Telegraph (27 Nov 2007)Ray Charles & Jerry Lee Lewis
DailyMotion Videos_________________________________________________________
Kennedy’s Warning
Audio at Brasscheck TVUpdate on The Violent Radicalization Homegrown Terrorism Prevention Act of 2007
By Matt Renner - Truthout (29 Nov 2007)Politicians Without Borders
By Sam Smith - Undernews (29 Nov 2007)Military Recruiting Vans Draw Fire
By Pat Elder - CommonDreams.org (26 Nov 2007)Toxic West Virginia: Mountaintop Removal - Episode 1
YouTube (20 Feb 2007)Australia’s new PM is Old Asia Hand
By Andrew Symon - AsiaTimes (27 Nov 2007)Scott McClellan - Where Are The Headlines?
By Michael Collins - Scoop Independent News (26 Nov 2007)Payload: Taking Aim at Corporate Bribery
By Nelson D. Schwartz & Lowell Bergman - New York Times (25 Nov 2007)Megachurches Add Local Economy to Their Mission
By Michelle Bacher - New York Times (23 Nov 2007)
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Aggregating Impact: A Funder’s Guide to Mission Investment Intermediaries
By Mark Kramer & Sarah Cooch - FSG Social Impact AdvisorsHow to Use Tom’s Inflation Calculator
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I just installed a freezer, bought my first lamb and quarter calf from
two local farmers, and joined the Farm to Consumer Legal Defense Fund
through the Weston Price Foundation where Solari is already a member.
(hyperlink to both links at Weston Price) That means I am paying $3-4
dollars a lb for very high quality meat and donating to various groups
another $1 per lb or so to protect my right to do so.
Old McDonald Had A Farm… And He Got Arrested?
By David E. Gumpert - The Nation (16 Nov 2007)
Northern Norway Towns Lose $167MM on CitiCorp InvestmentsÂÂ
Townships Caught up in International Credit Crisis
By Nina Berglund - Aftenpolten News from Norway (20 Nov 2007)
Will Investigate Investment Advice
Aftenpolten News from Norway (21 Nov 2007)
Finance Scandal Grows
By Jonathan Tisdall - Aftenpolten News from Norway (22 Nov 2007)
Will Sue Brokerage
Aftenpolten News from Norway (23 Nov 2007)
No doubt, Norweigans will be pleased to know what their money is funding:
Ex-Citigroup Chief to Exit with Bumper Payoff
By Miles Costello - London Times Online (9 Nov 2007)
PROJECT ON GOVERNMENT OVERSIGHT - The nonprofit watchdog journalism organization the Center for Public Integrity published “Windfalls of War II.” Here are some of the Center’s key findings:
- U.S. government contracts for the reconstruction of Iraq and Afghanistan have grown more than 50 percent annually, from $11 billion in 2004 to more than $25 billion in 2006. “Iraq remains the clear priority of the U.S. government,” according to the Center, “with more than seven times as many contracting dollars designated for spending there as for Afghanistan.”
- Of the $13 billion awarded through cost-plus contracts (which guarantee the vendor either a fixed amount of profit or a set percentage of profit above its cost), 30 percent was awarded through simple cost-plus, fixed-fee arrangements that offer no incentives for cost savings.
- Former Halliburton subsidiary KBR, Inc. is the largest single contractor with $16 billion in contracts from 2004 to 2006, nearly nine times larger than the second largest contractor, DynCorp International. However, KBR’s share is eclipsed by the $20.4 billion awarded to “unidentifiable foreign entities.”
POGO Blog: Blogging on Corruption, Blogging for Solutions
Largest study on angel investing is released by the Kauffman Foundation and Angel Capital Education Foundation.
From the Press Release:
The largest study on the financial returns of angel investors in North America, released in a new report [on November 12, 2007] by the Ewing Marion Kauffman Foundation and the Angel Capital Education Foundation, shows that angel investors participating in organized angel groups achieved an average 27 percent internal rate of return on their investments.
Overall, this set of angel investors affiliated with angel groups experienced exits that generated 2.6 times their invested capital in 3.5 years from investment to exit. This return compares favorably to that of other private equity investments, including those of early-stage venture capital. Seven percent of exits generated returns above 10 times their initial investment.
View the Full Press Release
Angel Performance Report, 11.12.07
Talkin’ to America
Guess Who Runs the Largest Cash Reserves in the World?
China Wins From Credit Crunch Fallout
Special Investigation - London Telegraph (27 Nov 2007)