I have read and talked to a lot of people regarding the stimulus and one thing seems in common. Very few have looked at the details of what is being proposed. I don’t see how you can have an opinion either way if you...
Read MoreIn comments made by John Dugan (head of the U.S. office of the Comptroller of the Currency), home loans that received modifications for troubled home owners, still default at an alarming 53% after 6-months. From Reuters: Dugan...
Read MoreIt is difficult to find details of how our Government is spending the $700B bailout, but from what I have found here are the recipients so far: Recipient State Amount Citigroup, Inc. NY $ 25,000,000,000 JP Morgan...
Read MoreAccording to the EIA (Energy Information Association), the current gas consumption for the US in just over 9M barrels per day or 378M gallons per day. Over the recent weeks, gas has decreased in price in many areas by more than...
Read MoreFrom Bloomberg, the libor is down from 4.67 a month ago in its 22nd consecutive decline to the lowest level since October 2009. The Libor is the main benchmark for $360 trillion in products world wide and is also one of the...
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