As the leaders of the mortgage bubble continue to hit the wall, the importance of repositioning your assets into the “real” economy and out of a “bubble” economy is urgent.
In Frantic Day, Wall Street Banks Teeter
By Andrew Ross Sorkin & Jenny Anderson – New York Times (14 Sep 2008)
ISDA Statement on Lehman Brothers Bankruptcy Trades: Full Text
By Scott Lanman – Bloomberg.com (14 Sep 2008)
Rush Is On to Prevent A.I.G. From Failing
By Gretchen Morgenson & Mary Williams Walsh – New York Times (14 Sep 2008)
A.I.G. Seeks $40 Billion in Fed Aid to Survive
By Andrew Ross Sorkin et al – New York Times (14 Sep 2008)
World Banks Planning $50 Billion Emergency Loan Pool
By Joe Bel Bruno & Martin Crutsinger – Associated Press (14 Sep 2008)
Fed Lowers Standards for Collateral From Primary Dealers
Federal Reserve Board Press Release (14 Sep 2008)
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What do I think to the Royal bank of scotland? RBS boss Fred goodwin should be stripped of his pension. If they pay him a profit related percentage he will get minus figures. Taking away his pension is the best option.
Catherine,hm,could you tell me how the Lehman Brothers go bankrupt? I am a student.Until now,i am confused the reason.
Catherine, I am most impressed by your story and all you have gone through to spread the truth. But how has it played out? What of all the legal and other harassment you were facing? Did it get resolved?
Thanks for all your good work.
OY
“Nothing Real can be Threatened. Nothing unreal exists.” Nice quote, Catherine. How specifically does it apply to the nation’s current financial crisis? What’s ‘real’, and what’s ‘unreal’?
Reading the comment thread that follows key articles published on the website commondreams.org, I find my mind sifting through all the opinions, some “professional” and some not. There are so many variables set loose that even experts cannot give solid opinions these days. I will buy Catherine’s tape as I know she does an indepth analysis. As a professional astrologer, one thing that deeply troubles me is noting (based on the inviolate timeless equation, “As above, so below”) that one of the key configurations that occured during the Great Depression (Saturn square Pluto) is returning. It begins in late October 2009 and holds well into summer 2010. At the least it means serious shortages. Panic, and the psychological loss of faith in the US monetary system, can trigger events; and the evisceration of those liberties granted by the Constitution & Bill of Rights, now limit protest, vaguely equate dissent with “terrorism,” and via “eminent domain” have writ themselves the “right” to seize assets. The checks and balances have broken down, along with transparency in this so-called representative democracy. Tragically, both presidential candidates have ties to those in high finance, or should I say high finesse. My father left me a nice stock portfolio and I’d like to think I can preserve some of it… as the way things are going, social security is next on the auction block of these egregious trespassers who have through a bloodless coup taken over the U.S.A.