Rep Joe Walsh (R-IL) knows exactly the problem with economy. It is not the banks! Look at the way he yells at his constituents. What an a**hole!
More partisan BS from Walsh
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Update on Saturday, Nov 5: CME issued a clarification to its Friday’s release. Zero Hedge deciphers again:
The CME, it appears has taken a page right out of the European playbook, and less than a week after an exchange-cum-Primary Dealer collapsed due to excessive risk taking, the CME has followed up its vague press release from [...]
“Excuse me, excuse me!” Bombarded with questions about the sexual harassment charges by various women Herman Cain looses it.
Rick Perry, if you are running for POTUS, don’t drink and give a stump speech. Other than that, no further commentary needed (of course, this is a shorter (juicy) version of the full 25 min speech given [...]
Continue reading …If you are looking for classic examples of sociopaths, look no further. From NY Times:
On Friday, the law firm of Steven J. Baum threw a Halloween party. The firm, which is located near Buffalo, is what is commonly referred to as a “foreclosure mill” firm, meaning it represents banks and mortgage servicers as they attempt [...]
From the (THINGS THAT MAKE YOU GO Hmmm) article linked via Scribd. Other than saying this is exactly what I was saying on my show on Friday (Oct 28 — Telugu podcast will follow), no further commentary needed:
With the carefully-orchestrated way in which the word ‘voluntary’ was unceremoniously shoehorned in front of the word ‘haircut’ [...]
Jim Chanos is one of the few savvy observers of World economies and a successful hedge fund manager. He weighed in on China and Europen debt. The interview aired after the European leaders’ agreement on 50% haircut for Greek debt.
Continue reading …The bozo recommended Netflix at $1340 with a target of $150. Netflix announced earnings today.
SAN FRANCISCO (AP) — Netflix jolted its already shell-shocked shareholders with a third-quarter financial report that portrayed a company in crisis.
Netflix’s blooper reel, released Monday, included an even larger customer exodus than the company had foreseen after announcing an unpopular price [...]
In case if you were betting that Europe will be fixed over the weekend… the headline says it all. Friday’s “breakout” in stocks could be a head-fake. Via Telegraph.
Just when the eurozone governments thought it could not get worse for Europe’s single currency, it did.
Shell-shocked EU finance ministers meeting in Brussels on Saturday were already [...]
Continue reading …First of all, look what happened at a NY City CitiBank branch on Oct 14.
Then they posted this sign on the front.
Just as people were questioning — is this America, then something surreal happened at Time Square protests on Sunday.
An activist in the Occupy Wall Street movement, Thomas voiced his opinions of the NYPD police [...]
Continue reading …I have a lot of favorite songs — written by Pingali, Samudrala, Athreya, Arudra, SriSri, Ci Na Re, Veetoori, Veturi, Gopi, Sirivennela and Jaladi. For the past 30+ years, if you asked me what is my all time favorite song in Telugu, I would have said ‘Yaathamesi thodinaa yeru endadu…” by Jaladi.
Jaladi is no more. [...]
Another sad news. Dennis Ritchie , who invented UNIX and C died October 8th 2011. Whats more important is the news did not hit the mass media until yesterday / today i.e October 13th 2011. Dennis Ritchie is one of the pillars of modern day computing. Without him the foundation behind the cool gadgets we [...]
Continue reading …Very interesting piece (wow, on CNBS? Surprise)
Continue reading …It is possible the many people have never heard of this Belgian Bank until recently. Even if you haven’t heard about it until you stumbled upon to this article, you can be forgiven. At the outset, this appears to be a complicated story. Or at least the apologists of the banking crime syndicate will tell [...]
Continue reading …This image is put here just for sharing purpose not for any publicity. RIP Sir !!
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