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Monthly Archives: August 2007
Sorry to say it, but liposuction can't restore good health
Today the US Federal Reserve stepped in with yet another emergency effort to ease a building liquidity crisis in world markets by cutting the discount rate “temporarily” from 6.25% to 5.75%. The markets cheered on the open roaring up with … Continue reading
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Quote of the Day: "Credit is for people who don't have money." –Ted Turner
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The blame game all over again
There is plenty of finger-pointing this week around the world. Capital marketing are convulsing, investor losses are mounting, politicians are speaking out and litigation lawyers are rubbing their hands in anticipation. As the WSJ outlines this week CREDIT AND BLAME … Continue reading
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