Sunday, February 22, 2009

More economic troubles.

BANK MESS: HSBC CONSIDERS $20B CASH CALL FROM INVESTORS...

Drought to cut off federal water to California farms...

SOROS: ECONOMIC TURBULENCE WORSE THAN GREAT DEPRESSION...
Fears for BofA and CITI rattle markets...

President tries to halt talk of bank nationalization...

Choice between full or part takeover...

Senator Says May Be Needed in Short-Term...

Soros Sees No Bottom For World Financial "Collapse"

By Reuters

Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis. Continue


Brzezinski Warns Of Riots in US

By Press TV

Zbigniew Brzezinski, a former national security advisor, has warned that the US could witness riots if economy continues its downward spiral.
Continue

Up to 120,000 protest in recession-hit Ireland: Up to 120,000 protesters brought Dublin city centre to a standstill on Saturday over government austerity measures aimed at stabilising the once high-flying economy now wracked by recession.

Obama wants to cut U.S. deficit in half by 2013: President Barack Obama will use his first budget, due to be unveiled next week, to put the United States on track towards cutting its ballooning deficit in half by 2013, an administration official said on Saturday.

Regulators Shut Silver Falls Bank, 14th Seized in 2009: Oregon regulators seized Silver Falls Bank, the 14th U.S. bank shuttered this year, as the worst financial crisis in a more than half a century further tightens access to credit and pushes foreclosures higher.

Bank Shares Topple on Talk Of Possible U.S. Takeover: White House Has Shunned Nationalization, but Falling Prices Could Force Issue

Big Pharma Quietly Hikes Drug Prices 100 Percent or More: "There's no simple explanation," said Stephen Schondelmeyer of the University of Minnesota. "Some companies seem to figure no one is watching so they can get away with it."

Monetize This! - Resolving Spiraling Public Debt

Stock Decline Hits Depression Levels

Soros - 'We Haven't Hit Bottom Yet'

Time For Billionaires To Pay Their Taxes

Post Communist States Pull EU Into Red

BoA Chief Denies Bank Faces Nationalisation

Clinton - China Human Rights Second To Economy

Financial Crisis - From Wall St To All Streets

Saab Wants To Break Free Of GM

Fears For BofA And Citi Rattle Markets

Bailout Euphoria Waning Fast

UK Could Crash Like Iceland

No Evidence Madoff Bought Any Securities!





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