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Re: Our financial system is crumbling this week.
Posted: February 1 16, 9:47 am
by MrSaigon
The hammer came down on some of the bullexpletivers Michael Lewis called bullexpletive on in Flash Boys. Interesting book if you haven't read it.
http://www.chicagotribune.com/business/ ... story.html
Re: Our financial system is crumbling this week.
Posted: February 24 16, 10:00 am
by pioneer98
http://nypost.com/2016/02/20/fbi-gather ... y-scandal/
Fallout from Goldman Sachs’ involvement with the controversial Malaysian state fund continued last week.
US law enforcement officials are gathering sensitive documents — and identifying potential witnesses — in the massive money scandal that has ensnared the bank and one of its regional chairmen in a global probe, an international investigator told The Post.
The fallout escalated as reports and allegations about the tainted 1MDB emerged — from the $681 million in fund money that mysteriously showed up in the bank account of Malaysian Prime Minister Najib Razak, to reports of “exorbitant” fees for transactions charged by Goldman.
Re: Our financial system is crumbling this week.
Posted: March 2 16, 11:03 am
by Freed Roger
http://www.latimes.com/business/la-fi-s ... story.html
Sports Authority files for bankruptcy and plans to shut or sell 140 stores
better use up any gift cards while you may.
btw, the one by me is not good. employees standing around - not helping. I've tried to get soccer shoes for my kid and some cleats for softball, they really don't have much a selection.
Re: Our financial system is crumbling this week.
Posted: March 13 16, 1:25 pm
by Freed Roger
Re: Our financial system is crumbling this week.
Posted: March 13 16, 6:30 pm
by AdmiralKird
Giving free loans will do that, yes.
Question, is there anything to prevent the banks from taking the free loans to boost their liquid capital adequacy ratios and offer more loans than they should, or does capital adequacy take into account the liability in addition to the cash on hand?
Re: Our financial system is crumbling this week.
Posted: March 13 16, 8:41 pm
by AWvsCBsteeeerike3
QE obviously was a big player in the stock market surge but that article is ridiculous. Stocks have surged for two reasons. 1. They were undervalued in 2008. 2. Their earnings have surged which causes share price to surge.
Re: Our financial system is crumbling this week.
Posted: March 31 16, 10:12 am
by Jocephus
Missouri Rep to Colleagues: Please Stop Saying 'Physical' Instead of 'Fiscal'
http://www.riverfronttimes.com/newsblog ... -of-fiscal
Re: Our financial system is crumbling this week.
Posted: March 31 16, 2:51 pm
by lukethedrifter
Pronunciationist
Re: Our financial system is crumbling this week.
Posted: March 31 16, 2:55 pm
by cardsfantx
i hadn't seen this thread bumped in a bit, so i thought our financial system was done crumbling?
Re: Our financial system is crumbling this week.
Posted: March 31 16, 3:09 pm
by sighyoung
There's a 65% chance they all meant to say "fudgesicle."