What happened today … 1. European markets were “magically” holding up after an initial sell-off. 2. A news agency sent out EARLY a summary for the equity market, writing that market was helped by the consumer confidence number marking a fresh 5mos. high. 3. A squawk picked up the story and mentioned, that a 5 [...]

Sometimes it is really unbelievable, what is happening in today’s world. And sometimes it beats everything. First … I thought, my English was not good enough … then … I thought, my math was not advanced enough … But … as now some intelligent people found out EXACTLY the same, we have to put a [...]

AIG shows the way … and still CNBC breaks the news SCANDALOUS … American International Group Inc. said Monday that it’s evaluating “potential new alternatives” with the Federal Reserve Bank of New York to tackle the giant insurer’s problems. “We continue to work with the Federal Reserve Bank of New York to evaluate potential new [...]

Will we now face the “financial tsunami” Deutsche Bank’s CEO Ackermann was warning us about? Or do the “betraying geniuses” have their work arounds ready? The news: Moody’s says it may cut Aaa ratings of Ambac, MBIA And the market does not fall … not yet??? Usually, if Moody’s cuts, it will be the second [...]

Never in the history information was so freely available … and never was it so stubbornly denied and ignored … Everybody can be aware of the situation … but nobody seems to care about, what is going on … The financial industry became too big … not too big to fail … as it finally [...]