Wednesday, July 16, 2008

More Dollar issues


STRESSED OUT SUMMER...
Wall Street Rollercoaster...
SEC emergency rule to curb short sales...
TENSION: POLICE THREAT TO BANK CUSTOMERS WAITING FOR CASH...
Scared...
Opposition, From Both Parties, Over Bailout Plan...
'Global funding crisis'...


STOCK RISING?

Inflation up at fastest pace in 27 years...

Analysts say more U.S. banks will fail: As home prices continue to decline and loan defaults mount, U.S. regulators are bracing for dozens of American banks to fail over the next year.

Cops to IndyMac bank customers: Remain calm or face arrest: Police ordered angry customers lined up outside an IndyMac Bank branch to remain calm or face arrest Tuesday as they tried to pull their money on the second day of the failed institution's federal takeover.

Banks hit by fallout from the crisis at IndyMac: Some depositors at the failed thrift, seized by regulators, leave without all of the funds that were in their accounts. Bank shares slide, but institutions say they are well-capitalized.

Fannie Plan a `Disaster' to Rogers; Goldman Says Sell : The U.S. Treasury Department's plan to shore up Fannie Mae and Freddie Mac is an ``unmitigated disaster'' and the largest U.S. mortgage lenders are ``basically insolvent,'' according to investor Jim Rogers.

GM Suspends Dividend, Cuts Payroll to Raise Cash : General Motors Corp., buffeted by a U.S. sales collapse and three years of losses, will suspend its dividend for the first time since 1922, cut the management payroll by 20 percent and sell assets to raise at least $15 billion in the next 18 months.

From his office in clouded cuckoo land: Bernanke's Dour Message: The Fed chief says the economy should improve "gradually" over the next two years, but warns of "considerable uncertainty" about that outlook

Wholesale Inflation Worst In 27 Years

UK Inflation Surges As BoE Loses Control

Next Tsunami - Fannie, Freddie, US Mortgage Debt

Bernanke Banksters Bailout - Disaster For Tax Payers

US Banking Crisis Goes From Bad To Worse

UK Property Sales Lowest In History

'Rescue Fannie' Underway - Paulson A Blatant Liar

Belgian Firm Swallows Anheuser-Busch For $52B

UK Inflation Twice As High As Claimed

Banks At Risk Of Failing Nearly Doubles

FDIC Halts Foreclosure On IndyMac Mortgages

Overseer - IndyMac Is Safe And Sound

Many More Bank Failures Likely After IndyMac

$5 Trillion To Bail Out Fannie And Freddie

Fannie Plan A `Disaster'

Long Lines At Indymac FEDERAL Bank -Vid



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