Tag Archives: barclays

JP Morgan accuses Lehman & Barclays of selling it ‘goat poo’

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[1113] The Truth About Rigged Market Capitalism – 13 March 2010

Stacy Summary: Truth About Markets, London. We talk about so called free market capitalism in reality is rigged market capitalism; Hank Paulson and Dick Fuld, Lehmans and Barclays.

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Derivatives suspensions and food stamps

Stacy Summary:  Good morning!!!!  The food stamps story seems to be one that keeps popping up; I guess food stamps are the soup lines of this Great Depression?

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“Sleazeball” bankers, check kiting states & housing crash still happening

Stacy Summary:  Good morning.

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Five billion dollar discounts and credit card defaults

Stacy Summary: Check out gold this morning.  Wonder if it’s a bank or an economy threatening to go under?

Bank of America Corp and Citigroup Inc customers defaulted on their credit card debts in August at the highest rates since the onset of the recession, a sign that the banks’ consumer lending woes are far from over.

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Marching blondes, a spurned comedian and property booms and busts

Stacy Summary: Losing one’s fifteen minutes of fame seems to be a tough thing this week.  And THE blonde parade happened yesterday (image below).  Any coincidence that the headlines today, however, are that property prices declined in Latvia by more than anywhere else in the world?  An astonishing 30 percent in the first quarter.  Considering that Latvians just took a 15 pc pay cut as part of the IMF bailout conditions, it makes sense.  I wonder how much of that has been lost by British property speculators?   And, how long before Australia’s market is allowed to be free to follow the laws of economic physics?

blondes

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