Tag Archives: wall street investment

Let’s Beat Up On Goldman Sachs

The left-wing Obama administration and the left-wing Gordon Brown administration in the United Kingdom are using the Wall Street investment firm Goldman Sachs as a football. It looks like they are having fun kicking it around and these leftists are … Continue reading

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Bailout Not Enough To Save Wall Street

From the AP: As markets around the world tumbled amid fast-spreading anxiety, officials in Washington worked quickly to put the new financial plan into effect and to shovel more money into the banking system. Bush sought to reassure panicking markets. … Continue reading

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Wall Street’s Failures

From CapitalPress: Many farmers and ranchers no doubt cocked their heads in disbelief as the grim news about Wall Street’s troubles percolated to the front pages of America’s newspapers. After all, Wall Street investment firms are populated by Ivy League-educated … Continue reading

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Tough Medicine For The Mortgage Sickness

From Freep.com: Like medicine that works but tastes awful, the government bailout of Wall Street may help Main Street families — but only by causing them considerable discomfort. Without a bailout, financial markets may have collapsed in a string of … Continue reading

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What’s The Inside Story On The Bail-Out?

From the Times of London: The dramatic falls in share prices of banks last week following the collapse of Lehman Brothers, the Wall Street investment bank, last weekend forced the Bush administration to take drastic action in a bid to … Continue reading

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Lower Bank Earnings Due To Subprime Exposure

From NYTimes.com: Analysts expect the three Wall Street investment banks reporting results this week to record losses mainly from ineffective hedging, amid an overall tough operating environment. Last week, Lehman said it expects a second-quarter loss of $2.8 billion, or … Continue reading

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Congress Considers Mortgage Bail-Out

Richard Cowan writes that the mortgage crisis is a big political story. Certain states are particularly hard hit and many of these states will be important in the coming election. What to do? Throw money at the problem. That’s the … Continue reading

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