Author: Zandar1

September 15, 2008…Black Monday…was just the beginning, folks.  The Dow may have lost 500 points, but the S&P lost 4.71%, an even worse day on the broader markets.  And once again, I cannot stress...

Is everybody ready for the newest game on Wall Street? It’s time to play Deal or No Deal, America! Despite all protestations by Helicopter Ben and Hammerin’ Hank, the Fed held an emergency Friday night meeting to...

The pace of entropy is quickening as the financials are sputtering out post-Big Big Bailout.  Things fall apart; the center cannot hold.  More and more banks are falling past the point of no return, for the Big Big...

As long expected, the Big Big Bailout of Fannie Mae and Freddie Mac is now a reality.The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, dismiss their top...

In Thailand, the PM Samak Sundaravej has declared a state of emergency to stop ten of thousands of protesters demanding freedom.  It’s been less than two years since the Thai Army kicked out the last Prime minister...