How The GM Bailout Turned Into Billions In Foreign Aid
Taxpayers who were told they were saving an American company are now seeing their tax dollars flowing overseas by the billions.
Taxpayers who were told they were saving an American company are now seeing their tax dollars flowing overseas by the billions.
Dimon says Simpson-Bowles is the solution.
Interview was broadcast from Mumbai, India, on Friday. Runs 3 minutes.
Non-Existent Gold:
"The Bundesbank is, of course, quite right in its opinion of the value of the examinations. In reality, it does not matter one bit whether the Federal Reserve Bank of New York actually has the German central bank’s gold or whether the gold is pure. As long as the Fed says it is there, it is as good as there for all practical purposes to which it might be put. It can be sold, leased out, used as collateral, employed to extinguish liabilities and counted as bank capital just the same whether it exists or not."
The moment the crane collapsed.
This is the the only video available of the crane actually in the process of collapsing. The building is One57 (Carnegie 57) in Manhattan. When completed it will be the largest residential tower in the United States. More footage inside.
Ben Swann's Reality Check
Romney has ties to a company that owns voting machines in Ohio.
Voting machine provider Hart Intercivic will be counting the votes in various counties in the crucial swing states of Ohio and Colorado and elsewhere throughout the country come Nov. 6 — even though it has extensive corporate ties to the Mitt Romney camp.
Sen. McCaskill is asked about the story by a local reporter. Details inside.
Maybe the best Faber interview I've ever seen.
Marc Faber on Squawk Box Monday. Among the many highlights, Andrew Sorkin gets a smackdown at the 8-minute mark. Quotes inside.