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Tag: libor

 

Credit mess: Even General Electric (GE) feels the pain

Published on September 30, 2008

On the surface, the market looks healthy. But when we dig a little deeper, we see that it is quite sick. Even companies like General Electric (NYSE:GE) are feeling the heat.
By Andrew Snyder
Baltimore – (TFN): Wall Street is lying to you today. After yesterday’s monumental plunge, it looks like the markets are recovering.
The Dow is [...]

Posted by Andrew Snyder · Filed Under US Stocks and Markets | Leave a Comment 

Playing Bluffmaster with the U.S. banks

Published on August 29, 2008

“I can see Morgan Stanley on one side… Citigroup, and Lehman are there too. And they are all bluffing about what they’re holding, and everyone playing knows it.” — Charles Delvalle
by Charles Delvalle
Baltimore — (TFN):  Every time I think about the world financial system, I keep coming [...]

Posted by TFN-US · Filed Under US Stocks and Markets | Leave a Comment