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« The $165B Bank Bailout That Will Never Be Paid Back | Main | Watch Sheila Bair's Shameless PSA: Skip Starbucks And Give More Money To The Banks »
Friday
Jun172011

Ireland Says 'BURN The Bondholders', Greece Poses $41B Risk To U.S. Banks, U.K. Looks To Re-Install Glass Steagall Type Legislation, Weiner Resignation Video, BitCoin User Hacked For $500K, Historic Philly Fed Collapse (15 LINKS)

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Reader Comments (5)

Kids Lemonade Stand At U.S. Open Fined $500 And Shut Down By Montgomery County

http://wusa9.com/news/article/155167/373/County-Shuts-Down-Kids-Lemonade-Stand-500-Fine
Jun 17, 2011 at 12:42 AM | Registered CommenterDailyBail
SANTA MONICA, Calif. (MarketWatch) — In a keynote speech last week for the Forum for Sustainable and Responsible Investment, former Vice President Al Gore urged people to radically shift markets toward a more sustainable form of capitalism.

http://www.marketwatch.com/story/al-gore-says-capitalism-can-save-the-world-2011-06-17?link=MW_home_latest_news

CODESPEAK for useless carbon trading that will exist to enrich investment banks...
Jun 17, 2011 at 12:43 AM | Registered CommenterDailyBail
Jun 17, 2011 at 12:44 AM | Registered CommenterDailyBail
One has to come to realize that the 2008 and todays economic mess is 100 percent the fault of the bakers. The bond holders can sure the management of the banks for bad policies so it is only correct to charge the people who took the risk when they purchased the bonds of the bank. I am sure much of those bonds are held by the management of the banks and they are paying above rates of interest that the bank pays. The pigs took some 16$ billion in bonus last year and even in the deep of the mess they were greedy. The banks should go bankrupt and let the fiscal world remake itself. The bailouts clearly just makes the bankers more greedy.
Jun 17, 2011 at 8:14 AM | Unregistered Commentertom dee
I'm watching that Greek situation with interest.
Greece On The Verge Of A Precipice:
http://www.zerohedge.com/article/greece-verge-precipice-lehman-avalanche-could-be-set-motion-soon-sunday

A no-confidence vote could make for an interesting day on Wall Street.
Jun 18, 2011 at 8:49 AM | Unregistered CommenterCanuck

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