The Housing Bust Takes Center-stage
By Mike Whitney
The housing market is going under and it's going to drag a good part of the broader economy along with it. Stocks, too. Continue
Stock Market Bulls Have Got it Wrong, Warns Nouriel Roubini
'Dr Doom' predicts further shocks in the market
By Nick Clark
Nouriel Roubini, the so-called "arch bear" economist who predicted the current financial crisis in 2006, added further gloom yesterday after he wrote off recent rises in global stock markets as no more than a dead cat bounce. Continue
Big Bank Profits are Bogus!
Massive public deception!
By Martin D. Weiss, Ph.D.
First, I’ll give you the big-picture facts. Then, I’ll show you how big U.S. banks are painting lipstick on some of the fattest pigs ever raised. Continue
UK retail inflation turns negative: Britain's annual retail price inflation rate has given its first negative reading in almost 50 years, official figures have revealed, sparking fears of deflation in the recession-hit country.
Meltdown losses of '$4 trillion': The International Monetary Fund (IMF) has warned credit crunch losses could reach $4 trillion (£2.75tn), damaging the financial system for years to come.
Obama Proposes $100 Billion Loan for I.M.F.:- President Barack Obama Monday proposed a $100 billion U.S. loan to the International Monetary Fund to boost the IMF's war chest and urged a bigger stake in the IMF for emerging powers like China and India.
Profits rise at Bank of America: The bank said on Monday it earned $4.2bn in the first three months of 2009, compared to a $1.02bn profit in the same period a year ago.
Big banks have a big credit problem: BofA managed to post the big profit even as it set aside more than $6 billion to cover future loan losses. The bank's loan loss reserve now stands at $30 billion -- double its year-ago level.
Goldman Sachs Shook Tens of Billions Out of Tax-Payers -- Now They're Whining All the Way to the Bank
LaRouche - We Are In A Depression
Roubini - Market Bulls Have It All Wrong
BoA Bad Loan Surge Revives Economic Gloom
BoA Triggers New Bank Fears, Hits Markets
Americans Sell Valuables At Home Parties
Geithner Faces Critical Report On Bailout
New Questions On Pandit's Future At Citi
Stanford - US Govt 'Moose Head On Wall'
Japan To Issue $110B Bonds For Stimulus
Global Markets Slide On Banking Fears
India Chops Key Interest Rates By 25 Points
UK Supermarket Giant's Record £3B Profit
UK Economy Into Deflation - First Since 1960
Markets Brace For Historic £200B Deficit
'People Shouldn't Have To Live Like This'
Exxon Tops Wal-Mart On 2009 Fortune 500 List
Big Bank Profits Bogus - Massive Public Deception
Hedge Fund Managers Buying Gold Futures
US Economy Facing Substantial Risks
US To Put Terms On Tarp Repayments
Earmarked UK Bailout Billions Still Not Spent
China Set To Invest Again In Europe
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