By Elena Moya

Shocked by past deals with Italy and Greece, governments are excluding the Wall Street bank from sovereign bond sales.

European governments are turning their backs on Goldman Sachs, …

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By Derrick Ho

An upper layer of Earth’s atmosphere recently shrank so much that researchers are at a loss to adequately explain it, NASA said on Thursday.

The thermosphere, which blocks harmful ul…

The Environmental Modification Convention (ENMOD), formally the Convention on the Prohibition of Military or Any Other Hostile Use of Environmental Modification Techniques is an international treaty…

By Jan Harvey and Veronica Brown

A small footnote in the Bank of International Settlements’ latest annual statement has flagged up a potentially major development in the way the metal can be used a…

By Eric Westervelt

The Havelbluete, the Augusta and the Chiemgauer might sound like the names of locally brewed beers, but they are in fact micro-currencies which, like micro-breweries, are in abun…

I remember being puzzled by Matt Simmons hawking of peak oil theories in 2004 and 2005. He was unusually aggressive. While I never took the time to investigate what he was saying in depth, something…

By Dan Armstrong

New types of money are popping up across Mid-Michigan and supporters say, it’s not counterfeit, but rather a competing currency.

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Related readin…

By Jeff Clark

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By Alex Pham and David Sarno

Digital tools advance beyond screens that talk and play videos, connecting readers to authors and online fan communities.

Emma Teitgen, 12, thought the chemistry book …

With a new containment cap atop the damaged well, many are hopeful.

But all is not well, after all.

National Incident Commander Thad Allen said Friday that the pressure within the cap is not incre…

By Martyn Burns

Amidst the industrial terrain of Greenpoint, Brooklyn sits the magical Eagle Street Rooftop farm – one of the boroughs unique plots and part of the Community Supported Agriculture…

By R.G. Ratcliff and Jeannie Kever

Fearing unstable international financial markets and the possibility of high inflation, Texas’ higher education investment managers have bought more than $500 milli…

By Vincent L. Guarisco

Remember when grandparents and great-grandparents stated that they only had an 8th grade education? Well, check this out.

This is the eighth-grade final exam from 1895 in Sa…

By Luca Di Leo

After fending off most challenges to its independence and winning new powers to oversee big financial firms, the Federal Reserve has emerged from a bruising debate on the overhaul of…

White House officials point to $300 million spent by the Veteran’s Administration over the past decade on a financial systems project that still isn’t done.

At the Department of Homeland Security, me…

From Wikipedia

In economics, Hauser’s Law is an empirical observation that, in the United States, federal tax revenues since World War II have always been equal to approximately 19.5% of GDP, regar…

By Thomas Dilorenzo

“One can say without exaggeration that inflation is an indispensable means of militarism,” Ludwig von Mises wrote. “Without it, the repercussions of war on welfare become …

Evergreen Farm, the finest farm and dairy in my county, announced this week that they are closing and will auction their herd and land. This is in response to the cash flow impact of regulatory requ…

By Joe Weisenthal

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July 22, 2010 – 7PM MDT with Clifford E Carnicom

The Carnicom Institute will hold a live webinar on Thursday, July 22nd, 2010 at 7PM MDT. Clifford Carnicom will be discussing a recent experiment inv…

By Karl Denninger

Since when does the SEC announce that it’s about to make an announcement – about an hour before the market closes the day before options expiration?

There’s clearly biased and then…

By Samuel Shen and Kennix Chim

Agricultural Bank of China’s (601288.SS) $19 billion IPO made a lackluster debut in Shanghai, weighing on the market and underscoring the difficulty other Chinese ban…

By Ambrose Evans-Pritchard

Dagong Global Credit Rating Co used its first foray into sovereign debt to paint a revolutionary picture of creditworthiness around the world, giving much greater weight …

By Andy Sullivan and Kevin Drawbaugh

The Congress on Thursday approved the broadest overhaul of financial rules since the Great Depression and sent it to President Barack Obama to sign into law.

B…

By Marcy Gordon and Daniel Wagner

Goldman Sachs & Co. has agreed to pay $550 million to settle civil fraud charges that the Wall Street giant misled buyers of mortgage-related investments.

The…

By Richard Teitelbaum

Amid a storm of criticism, government investigations and an SEC suit, the investment bank’s outside directors have failed to speak out.

Greg Palm, Goldman Sachs Group Inc. …

By Vincent Fernando, CFA and Kamelia Angelova

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By Sewell Chan

The chairman of the Federal Reserve urged banks and regulators on Monday to help the nation’s small businesses get the loans they needed to create jobs.

He also acknowledged that …

The United States Bankruptcy Court for the Eastern District of California has issued a ruling dated May 20, 2010 in the matter of In Re: Walker, Case No. 10-21656-E-11 which found that MERS could no…

[Note from CAF: My wonderful bankers at National Bank of Malvern did not tell me about this story published last year. I just found it, so I am publishing it now.]

Not many banks are in a celebrato…

This is an excellent talk that Franklin gave recently in Mississippi. If you want to understand what each community needs to do to create jobs in the United States, this is one for you!

Listen to t…

By Lucy Ballinger

The impressive, boat-shaped ‘SkyPark’ perched atop the three towers that make up the world’s most expensive hotel, the £4billion Marina Bay Sands in Singapore.

Continue reading …

The con of the decade (Part I) involves the transfer of private debt to the public (the marks), who then pays interest forever to the con artists.

I’ve laid out the Con of the Decade (Part I) in o…

Kauffman Foundation Study

New firms add an average of 3 million jobs in their first year, while older companies lose 1 million jobs annually

(KANSAS CITY, Mo.), July 7, 2010 – When it comes to U.S…

Amy Goodman Interview
DemocracyNow! (8 Jul 10)

Supporters of geoengineering have proposed radical ways to alter the planet to decrease the level of greenhouse gas emissions. Proposals include creat…

New York Times
By Verlyn Klinkenborg (8 Jul 10)

A couple of weeks ago, I walked along a spring creek in the upper Madison Valley, just south of the town of Ennis, Mont. As my guide, Jeff Laszlo, expl…

Bloomberg.com (7 Jul 10)

Allstate Corp. Chief Executive Officer Thomas Wilson said a surge in borrowing by U.S. state and local governments may trim the value of municipal debt holdings, and called f…

A report released Thursday finds that all 18 firms lining up for tens of billions in US-backed loans for new nuclear power plants would use overseas jobs to build most of them.

Nuclear power opponent…

By Mark Seibel (9 Jul 10)

Washington – In a dramatic turn of events, the Obama administration has given BP the go-ahead to remove the containment cap atop the runaway Deepwater Horizon oil well and r…

BEIJING (AP) — A Chinese firm that aims to compete with Western rating agencies declared Washington a worse credit risk than Beijing in its first report on government debt Sunday amid efforts by Chi…

By Richard Winton

The Swiss government’s decision not to extradite Roman Polanski to Los Angeles means the famed director can now travel freely in Switzerland as well as France, where he has citize…

By C. Powell

Dear Friend of GATA and Gold:

The Wall Street Journal this evening updated and corrected its report about the gold swaps undertaken by the Bank for International Settlements, disclosi…

By James Kanter

After decades of pushing nations to surrender more power to Brussels, the European Union is about to throw in the towel on one highly contentious issue: genetically modified foods.
…

By Jesse

These swaps have significance because of the speculation that the public sale of gold by the IMF, which was secretive and selective, was not a legitimate sale to raise funds, but a means o…

By Jessica Resnick-Ault and Katarzyna Klimasinska

BP Plc is likely to intercept its Gulf of Mexico gusher this month, ahead of schedule, kicking off a “kill” process that may take as little as …

Continue reading Meredith Whitney: The Rebound In Consumer Spending Is Just The Result Of People Not Paying Their Mortgages

Dear Jim,

Allow me to chime in here and bolster your comments to CIGA Arlen.

First and foremost, what your readers need to understand is that no one who has a loan secured by a mortgage on his hom…

By Michael Powell

Even by the standards of this deficit-ridden state, Illinois’s comptroller, Daniel W. Hynes, faces an ugly balance sheet. Precisely how ugly becomes clear when he beckons you in…

YouTube

I am flying to London this week; returning early next week. This Friday, I will join wonderful clients and friends to see Nick’s Stafford’s play, War Horse.  This is something I have wan…

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Continue reading BP Financial Limbo Dance

By David Kocieniewski

When the Deepwater Horizon drilling platform set off the worst oil spill at sea in American history, it was flying the flag of the Marshall Islands. Registering there allowed th…

By Clifford J. Levy

On the edge of this Siberian village is a resort with a veiled guest list and armed guards at the front gate. When local officials have expressed unease about what goes on insid…