Monday, October 19, 2009

Housing Outlook Without Credit, We Could See Double Dip

Housing Recovery Slips - Interview with NAHB President Jerry Howard (Bloomberg News)


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Building/Landscaping, Business, Economy, Editors Pick, Government & Politics, Law & Legal Issues, Personal Finance, Real Estate

Oil Prices Keep on Chugging

Oil Prices at One Year High, What's Behind the Rally? - Analysis and Discussion with Morgan Downey of Standard Chartered Bank (Bloomberg News)




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Business, Economy, Editors Pick, Energy, Energy, International, Law & Legal Issues, Oil, Personal Finance, Science & Technology, Weather

Another Financial Bubble Comes Into View by Bob Chapman

Bob Chapman
The International Forecaster
October 19, 2009

Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms.

The advisers include Gene Sperling, who last year took in $887,727 from Goldman Sachs and $158,000 for speeches mostly to financial companies, including the firm run by accused Ponzi scheme mastermind R. Allen Stanford. Another top aide, Lee Sachs, reported more than $3 million in salary and partnership income from Mariner Investment Group, a New York hedge fund

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