PdAgAu
09-22-2008, 12:09 AM
The dollar is going to the moon this week!!!
Paulson urges quick approval for rescue plan
http://www.marketwatch.com/news/story/paulson-urges-quick-approval-rescue/story.aspx?guid={0160DF73-8869-4E13-AADF-5A51B4C37F1A}
WASHINGTON (MarketWatch) -- Treasury Secretary Henry Paulson asked lawmakers to act quickly on a rescue plan for U.S. markets, saying Sunday that it's urgently needed to stabilize the financial system and protect the economy and taxpayers.
Calling the past few weeks a "humbling" time for the United States, Paulson said taxpayers are at risk from the fallout stemming from the ongoing financial crisis, but added that the $700 billion plan to take bad mortgage assets off of companies' books will be worth the cost.
Goldman, Morgan to become holding companies
Last remaining independent investment banks will qualify for Fed aid
http://www.marketwatch.com/news/story/goldman-sachs-morgan-stanley-become/story.aspx?guid={CB72201A-A795-4C78-8F68-E64DAA26398D}
WASHINGTON (MarketWatch) -- In yet another extraordinary development for Wall Street, the Federal Reserve said late Sunday night that venerable investment banks Goldman Sachs and Morgan Stanley will become bank holding companies.
The Wall Street titans will be allowed to transition into holding companies following a mandatory five-day waiting period, and will be able to take advantage of credit from the Federal Reserve Bank of New York in order to complete the transition.
U.S. readies massive toxic-debt pla
http://biz.yahoo.com/rb/080920/financial.html?.v=5
The U.S. government has pledged more than $1 trillion to prop up the financial system and housing market.
The U.S. Treasury said on Friday it would use $50 billion to back money-market mutual funds whose asset values fall below $1.
"The problems were critical, both in the credit markets and with banks," said Blake Howells, director of equity research at Becker Capital Management in Portland, Oregon. "The government is trying to stop a domino effect of more institutions failing, and taking others down."
Ready to drop just as fast as the USDX went up?
http://quotes.ino.com/chart/history.gif?s=NYBOT_DX&t=l&w=15&a=50&v=d12
Get yourself some gold or silver tomorrow, even if you just intend to flip it short term. I don't see how this couldn't be bullish. Then again, the manipulators have surprised me in the past.
http://wizbangblog.com/images/2008/05/alaska_gov_sarah_palin_to_meet_with_mccain_vp_sear ch_team/sarah-palin-thumb.jpg
<img src="http://www.assoc-amazon.com/e/ir?t=httpwwwbrickd-20&l=ur2&o=1" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;">
<img src="http://www.amazon.com/exec/obidos/redirect?tag=httpwwwbrickd-20&path=subst/home/home.html" width="1" height="1" border="0" align="middle">
Paulson urges quick approval for rescue plan
http://www.marketwatch.com/news/story/paulson-urges-quick-approval-rescue/story.aspx?guid={0160DF73-8869-4E13-AADF-5A51B4C37F1A}
WASHINGTON (MarketWatch) -- Treasury Secretary Henry Paulson asked lawmakers to act quickly on a rescue plan for U.S. markets, saying Sunday that it's urgently needed to stabilize the financial system and protect the economy and taxpayers.
Calling the past few weeks a "humbling" time for the United States, Paulson said taxpayers are at risk from the fallout stemming from the ongoing financial crisis, but added that the $700 billion plan to take bad mortgage assets off of companies' books will be worth the cost.
Goldman, Morgan to become holding companies
Last remaining independent investment banks will qualify for Fed aid
http://www.marketwatch.com/news/story/goldman-sachs-morgan-stanley-become/story.aspx?guid={CB72201A-A795-4C78-8F68-E64DAA26398D}
WASHINGTON (MarketWatch) -- In yet another extraordinary development for Wall Street, the Federal Reserve said late Sunday night that venerable investment banks Goldman Sachs and Morgan Stanley will become bank holding companies.
The Wall Street titans will be allowed to transition into holding companies following a mandatory five-day waiting period, and will be able to take advantage of credit from the Federal Reserve Bank of New York in order to complete the transition.
U.S. readies massive toxic-debt pla
http://biz.yahoo.com/rb/080920/financial.html?.v=5
The U.S. government has pledged more than $1 trillion to prop up the financial system and housing market.
The U.S. Treasury said on Friday it would use $50 billion to back money-market mutual funds whose asset values fall below $1.
"The problems were critical, both in the credit markets and with banks," said Blake Howells, director of equity research at Becker Capital Management in Portland, Oregon. "The government is trying to stop a domino effect of more institutions failing, and taking others down."
Ready to drop just as fast as the USDX went up?
http://quotes.ino.com/chart/history.gif?s=NYBOT_DX&t=l&w=15&a=50&v=d12
Get yourself some gold or silver tomorrow, even if you just intend to flip it short term. I don't see how this couldn't be bullish. Then again, the manipulators have surprised me in the past.
http://wizbangblog.com/images/2008/05/alaska_gov_sarah_palin_to_meet_with_mccain_vp_sear ch_team/sarah-palin-thumb.jpg
<img src="http://www.assoc-amazon.com/e/ir?t=httpwwwbrickd-20&l=ur2&o=1" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;">
<img src="http://www.amazon.com/exec/obidos/redirect?tag=httpwwwbrickd-20&path=subst/home/home.html" width="1" height="1" border="0" align="middle">