SOME TRULY WONDERFUL NEWS STORIES!
This woman burned down her friend's house after the friend deleted her from Facebook! And if that's not bad enough, she resembles the Snow Miser from the Rankin/Bass Xmas classic cartoons! And Nancy Grace!
MORE: ZOMBIEAPOCALYPSE
Zimbabwe: Man Collapses After Ordering Prostitute, Only To Be Met By His Daughter
MORE: HUFFPO
COLUMNIST/SINGER/DJ KEO NAZARI
A NYC gay mag (Next) article by Kep Nozari slams Kim Kardashian as a no-talent who siphons jobs from true talents! BAM! This is big--gays are the ones who usually follow these no-talent douches and even name themselves Kardashian and Hilton. This is big. Critical thinking in a gay party paper? Kim must really be over!
MORE: NEXTMAGAZINE.COM
NOT SO WONDERFUL:
FROM BLOOMBERG NEWS:
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.
The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed’s below-market rates, Bloomberg Markets magazine reports in its January issue.
Saved by the bailout, bankers lobbied against government regulations, a job made easier by the Fed, which never disclosed the details of the rescue to lawmakers even as Congress doled out more money and debated new rules aimed at preventing the next collapse.
A fresh narrative of the financial crisis of 2007 to 2009 emerges from 29,000 pages of Fed documents obtained under the Freedom of Information Act and central bank records of more than 21,000 transactions. While Fed officials say that almost all of the loans were repaid and there have been no losses, details suggest taxpayers paid a price beyond dollars as the secret funding helped preserve a broken status quo and enabled the biggest banks to grow even bigger.
MORE: BLOOMBERG
MORE: ZOMBIEAPOCALYPSE
Zimbabwe: Man Collapses After Ordering Prostitute, Only To Be Met By His Daughter
MORE: HUFFPO
COLUMNIST/SINGER/DJ KEO NAZARI
A NYC gay mag (Next) article by Kep Nozari slams Kim Kardashian as a no-talent who siphons jobs from true talents! BAM! This is big--gays are the ones who usually follow these no-talent douches and even name themselves Kardashian and Hilton. This is big. Critical thinking in a gay party paper? Kim must really be over!
MORE: NEXTMAGAZINE.COM
NOT SO WONDERFUL:
FROM BLOOMBERG NEWS:
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.
The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed’s below-market rates, Bloomberg Markets magazine reports in its January issue.
Saved by the bailout, bankers lobbied against government regulations, a job made easier by the Fed, which never disclosed the details of the rescue to lawmakers even as Congress doled out more money and debated new rules aimed at preventing the next collapse.
A fresh narrative of the financial crisis of 2007 to 2009 emerges from 29,000 pages of Fed documents obtained under the Freedom of Information Act and central bank records of more than 21,000 transactions. While Fed officials say that almost all of the loans were repaid and there have been no losses, details suggest taxpayers paid a price beyond dollars as the secret funding helped preserve a broken status quo and enabled the biggest banks to grow even bigger.
MORE: BLOOMBERG
posted by Lady Bunny at Monday, December 05, 2011
0 Comments:
Post a Comment
<< Blog Home