FT.com / US / Economy & Fed - US state pensions becoming federal issue
Harsh choices are coming.
Friday, May 21, 2010
Thursday, May 20, 2010
Horrendous Close Already Has Investors Worried About A Friday Massacre
Horrendous Close Already Has Investors Worried About A Friday Massacre
As I wrote, the flash crash was not a error. It is people leaving the markets. 3 more points down to confirm.
As I wrote, the flash crash was not a error. It is people leaving the markets. 3 more points down to confirm.
Wednesday, May 19, 2010
CalPERS plans to seek $700 million more from state, school districts - latimes.com
CalPERS plans to seek $700 million more from state, school districts - latimes.com
You only to read this to see why CA is so screwed.
You only to read this to see why CA is so screwed.
CalPERS doesn't need to ask lawmakers or the governor for permission to raise contributions. State law has long given the fund's board unilateral authority to authorize increases, which were set by others, but a 1992 voter-approved initiative gave the board the power to determine the amount of the increases.
Futures Down, Markets Tank Around The World, Euro Ready To Break $1.21
Futures Down, Markets Tank Around The World, Euro Ready To Break $1.21
Some one in Germany must have gone crazy. Continued Bickering will only undermine the Situation. Euro Target now parity with the dollar :)
Some one in Germany must have gone crazy. Continued Bickering will only undermine the Situation. Euro Target now parity with the dollar :)
Tuesday, May 18, 2010
Conspiracy of Banks Rigging States Came With Crash (Update1) - Bloomberg.com
Conspiracy of Banks Rigging States Came With Crash (Update1) - Bloomberg.com
Once again where are the bankers being lead off in hand cuffs?
Once again where are the bankers being lead off in hand cuffs?
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