Thursday, July 03, 2008

More Dollar issues

House Oversight Committee releases docs further connecting Bush admin to Iraqi oil deals... Developing...

OIL HIGH: $145...

FLASHBACK: BIN LADEN TARGETED $144 BARREL -- 10 YEARS AGO...

Los Angeles, Miami Foreclosures Double; $5 Billion L.A. Mortgages Go Bad...
Stocks Slide, Sending Dow Jones Average Into Bear Market...

Oil Prices Rise Near $144: Oil prices shot to a new high near $144 a barrel Wednesday and headed for a record close as the government reported a bigger-than-expected drop in U.S. crude stockpiles and the threat of conflict with Iran weighed on traders' minds.

Disorderly Dollar Drop Can't Be Ruled Out, BIS Says : A disorderly decline in the dollar remains a possibility as losses on U.S. assets pile up and the current-account deficit triggers ``a sudden rush for the exits,'' the Bank for International Settlements said.

Mortgage ruling could shock U.S. banking industry: A lawsuit filed by a Wisconsin couple against their mortgage lender could have major implications for banks should a U.S. appeals court agree that borrowers can cancel their loans en masse when their lenders violate a federal lending disclosure law.

Anatomy Of A Bank Failure

FL Adds To States Suing Countrywide

Petrofraud And The New Depression

Rothshilds' IMF To Audit The US Financial System

Dow Ends Worst First Half Since 1970

The Dow-Crash, The Dollar, Gold, And WAR

Bank Implode-O-Meter - End Game Of Modern Banking

UK Savings Rate Sinks To 49 Year Low

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