Daily Archives: October 16, 2012

Ross: banks need to revert back to simple spread lending model

Billionaire investor Wilbur Ross weighs in on Citigroup shake-up and says banks will probably return to a simpler business model. Here is a direct link.

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Walker: “the public is way ahead of the politicians” on reforms needed

David Walker, Comeback America Initiative CEO, discusses his five week bus tour talking to Americans about restoring fiscal sanity in the government and what they want from elected officials. Here is a direct link.

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Buy and hemorrhage threatens the financial health of real life families

Hedge Fund Consultant Michael Belkin sees the case for a 40% stock market drop in the coming 12-15 months. Belkin joins Sam Mamudi to discuss. Here is a direct link. For all the many people who are still holding equities … Continue reading

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Why the commodities boom likely peaked with the credit bubble

Societe Generale’s Dylan Grice is is sticking to his statement that Australia is “a credit bubble built on a commodity market built on an even bigger Chinese credit bubble.” In this clip he explains why he is concerned about the … Continue reading

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