Archive - Dec 2011 - Blog entry
December 18th
Chart of The Day: The Currency Collapse After A Euro Breakup
Submitted by EconMatters on 12/18/2011 09:46 -0500The possibility of a Euro breakup is looming larger than ever. Forecast by ING sees an immediate fall in individual currencies in 2012, and GDP output falls ranging from 7% in Germany to 13% in Greece.
Why SIPC? MF Global Customers Were Thrown Under the Bus on Day 1
Submitted by EB on 12/18/2011 08:29 -0500This goes for MFG's gold & silver customers too, who otherwise would have been put ahead of creditors.
Trustee to Seize and Liquidate Even the Stored Customer Gold and Silver Bullion From MF Global
Submitted by ilene on 12/18/2011 00:24 -0500More shock and awe, in case you're not mad enough yet.
December 17th
WiLLiaMBaNZai7'S NuTCRaCKeRS...NoT So SWeeT
Submitted by williambanzai7 on 12/17/2011 22:17 -0500But ballet is beset by serious ailments that threaten its future in this country...
December 16th
Debt is Endemic In Our System... And the Deleveraging Will be Brutal For Businesses and Investors Alike
Submitted by Phoenix Capital Research on 12/16/2011 20:44 -0500To put US household debt levels into a historical perspective, in order for US households to return to their long-term average for leverage ratios and their historic relationship to GDP growth we’d need to write off between $4-4.5 TRILLION in household debt (an amount equal to about 30% of total household debt outstanding).
Question the Quality Of BoomBustBlog Bank Research, Will You? Bove and Fitch Follow "The Blog"!
Submitted by Reggie Middleton on 12/16/2011 16:19 -0500Dick Bove and Fitch, timely and accurate as ever...
Current Events Summarized In Brilliant Art
Submitted by George Washington on 12/16/2011 14:16 -0500A picture is worth a thousand words
KABOOOOM!!!! NEVADA ATTORNEY GENERAL SUES LENDER PROCESSING SERVICES FOR FRAUD
Submitted by 4closureFraud on 12/16/2011 14:01 -0500Former employees and industry players describe LPS as an assembly-line sweatshop, churning out documents and foreclosures as fast as new requests came in and punishing network attorneys who failed to keep up the pace.
Minyanville Interviews Lee Adler: What to Expect in 2012?
Submitted by ilene on 12/16/2011 11:45 -0500If you’re not trading 24 hours a day, you’re liable to wake up in the morning and have your positions wiped out.
RIM Gets RAMMED! Again... Remember That Contrarian Call 1st Quarter of 2010?
Submitted by Reggie Middleton on 12/16/2011 08:21 -0500I just want everyone to remember who was first with the RIMM short call, 1st quarter of 2010 - 75% in destroyed equity value later... RIMM will not be the only one to fall!
Social Security in violent transition?
Submitted by Bruce Krasting on 12/16/2011 07:22 -0500The gloves are coming off.
