Financial shares are among the top gainers at mid-session as favorable results from Portugal’s debt sale helps to drive shares higher. In mid-day news, shares of American International Group Inc. (AIG) are higher amid reports the insurance giant is selling its Taiwan life insurance unit to Taiwan’s Ruen Chen Investment Holdings Ltd. for .16 billion. Meanwhile, Barclays (BCS) ADRs are higher on Barclays Capital plans to cut about 200 jobs in the UK following an internal review, Bloomberg reported, citing sources. Also, JP Morgan Chase (JPM) is higher after CEO James Dimon told CNBC that he “would like” to boost the company’s dividend.
THE ▀█▀ █▀ █_█ ▀█▀ █▬█ Я Ξ √ Ω LUT ↑ ☼ N There are fresh demonstrations in Madrid against severe budget cuts as the country tries to reduce its massive debt. Spain has been tipped as the next Eurozone economy at risk of needing a bailout, but some say it could be too big to save. RT talks to Jim Corr, a political activist and musician from the Irish band the Corrs. RT on Facebook: www.facebook.com RT on Twitter: twitter.com
THE ▀█▀ █▀ █_█ ▀█▀ █▬█ Я Ξ √ Ω LUT ↑ ☼ N An ABC – Four Corners documentary about the coming economic crisis, featuring Gerald Celente and Peter Schiff. Original air date: 23rd August, 2010.
Earlier today US President Barack Obama signed a bill that is the most comprehensive financial law to be enacted since the Great Depression. The law, which got final approval from the Senate last week, targets the kind of Wall Street risk-taking that helped trigger a global financial meltdown in 2007-2009. Gerald Celente says that this is only going to harm and will not do enough to change Wall Street.
A rap about what led to the current state of the economy, why the financial crisis is happening, and what the Bail Out Plan means for you and me. Written and Performed by Michael Bird Directed and Edited by Andrew Grissom
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****BREAKING UPDATE*********** Many important members of the media and the Republican leadership in Congress were sent this video series. I asked everyone this was sent to to share it with all policy makers in this deal & Congress. The insurance elements & other aspects of the solutions I outlined have been included in the plan by the Republicans! We are having SERIOUS impact! & the final plan is much better now for the American people. John D. Villarreal – The Super Genius! **************************************** This is a 5 part series that provides answers as to why we are in this crisis and how to solve it. By: John D. Villarreal (174 IQ), a real-life super genius and former host of GameSpot TV & KSFO (political talk radio)! www.JohnDVillarreal.com Subscribe to my videos now! Join the Villa Army today! Sign up now @ www.MySpace.com (add me as a friend) Go check all of our cool products at: www.Villarrealfitness.com Also be sure to sign up to talk sports & politics at www.Villarrealsports.com
Max Keiser calls treasury secretary Bear Stearns flunky Hank Paulson a “Financial Terrorist”. He states America is issuing non collateralized bonds that are worthless. The Dollar and the Bonds are counterfeit. They have nothing backing them. This will lead to an economic collapse to all countries who play into this Wall Street scheme. Developing nations are giving away their commodities for worthless paper.
