Archive for February, 2010
Before the House Financial Services Committee, Federal Reserve Chairman Ben Bernanke and Rep. Maxine Waters (D-Calif.) engaged in a verbal spar over whether raising federal funds would or would not cause mortgage rates to rise
Duration : 0:3:21
Before the House Financial Services Committee, Federal Reserve Chairman Ben Bernanke and Rep. Maxine Waters (D-Calif.) engaged in a verbal spar over whether raising federal funds would or would not cause mortgage rates to rise
Duration : 0:3:21
LATINO SOUL ROCKER RENE LABRE A.K.A “FRENCHY” WITH “YE MYSTIC KREWE” MAKES HIS FIRST PUBLIC POLITICAL STATEMENT AS LEADER OF THE NEW WORLD ORDER OF PEACE,LOVE, LIBERTY,MUTUAL RESPECT AND EQUAL JUSTICE.tHE WORLD HAS NOW GONE QUITE MAD AND THE OLD SYSTEM OF GREEDY SELF-SERVING DESPOT POLITICIANS,CORRUPT LAWMAKERS AND BANKERS AND ESTABLISHED RELIGIOUS ORGANIZATIONS,EQUALLY AS GREEDY AND CORRUPT SEEKING TO ENSLAVE THE WORLD POULATION HAS FAILED.IT IS ONLY THE ARTISTS WHO ARE GOING TO HEAL THE WORLD.THERE IS ONLY ONE NEW RULE OF LAW WHICH IS “TO LOVE AND RESPECT EACHOTHER AS YOU LOVE AND RESPECT YOURSELF.”.THE NEW GOVERNMENT IS NOT GOING TO TAKE CARE OF YOU,IT IS GOING TO EMPOWER YOU WITH THE ABILITY AND THE RIGHT TO TAKE CARE OF YOURSELF AND YOUR LOVED ONES.THE FAILED MONETARY BANKING SYSTEM IS CANCELLED TO BE REPLACED BY THE BARTER SYSTEM,THE INTERACTIVE EXCHANGING OF GOODS,SERVICES AND IDEAS,THE LOVE OF MONEY IS THE ROOT OF ALL EVIL AND HENCHFORTH MAY NO LONGER EXIST.ALL STANDING ARMIES ARE DIRECTED TO DISARM AND DISBAND AND BEAT THEIR WEAPONS INTO PLOWSHARES AND FARMING EQUIPMENT IN ORDER THAT NO PERSON SHALL GO TO BED HUNGRY TONIGHT..
Duration : 0:2:46
Feb. 26 (Bloomberg) — Harry Rady, chief executive officer of Rady Asset Management LLC, talks with Bloomberg’s Matt Miller about the U.S. stock market and his investment strategy. (This report is an excerpt. Source: Bloomberg)
Duration : 0:5:2
We’re learning this in school, but I don’t quite get it. My teacher said everyone was buying bank loans for stocks. The higher the stock prices rose, more loans people bought. The day the stock market crashed, 12.9 million stock were sold. Why were they all of a sudden sold? Could you please explain this to me?
People bought on margin during those days. This means you can take a loan out for a percentage of the trade. Today some brokers will let you buy on 2:1 margin, meaning if you have $10,000 they will let you buy $20,000 worth of stock.
Back in those days people were able to buy with 10:1 margin, meaning if you have $10,000 you could have bought $100,000 worth of stock.
In 1929 stock prices had risen way beyond their true value and were bound to pull back.
When they did people paniced afraid that they were going to lose all of the money they originally invested with or more because of margin. So there was a lot of selling that took place, mostly because people were afraid of what would happen if they hung onto their positions.
Before the House Financial Services Committee, Federal Reserve Chairman Ben Bernanke and Rep. Maxine Waters (D-Calif.) engaged in a verbal spar over whether raising federal funds would or would not cause mortgage rates to rise
Duration : 0:3:21
In our guided tour of the financial district of Saint Helier, Jersey, we set out to make the link between secrecy jurisdictions and global crisis.
Selected global banks, including Barclays, BNP Paribas, Citi, Deutsche Bank, RBS International, Société Générale and UBS, were use as case studies to illustrate how deeply engaged banks are in promoting capital flight from poorer countries, in facilitating tax evasion, in supporting corrupt regimes, in financing ecologically harmful projects, and in undermining regulation.
We also showed how the secretive world of tax havens has acted as the crucible for much of the financial innovation of the past 20 years, including the growth of offshore hedge funds, the hosting of the shadow banking system, the creation of securitised debt obligations, the increased use of “off-balance sheet” accounting, and the spread of highly-leveraged private equity financing.
This segment features Kevin Smith, interviewed by Nick Hildyard of The Cornerhouse.
For more information see
http://www.rethinkingfinance.org
http://www.platformlondon.org
http://www.carbontradewatch.org
http://www.oilbankofscotland.org
http://www.taxjusticenetwork.org
http://www.ifiwatch.tv
Duration : 0:8:26
http://prisonplanet.tv/index.html
Alex Jones is joined by legendary conspiracy author and lecturer G. Edward Griffin to discuss the banking system, the credit crunch and the collapse of the dollar and U.S. sovereignty. Griffin lucidly explains how we need to re-assert our own power to fight the corrupt institutions of power that have taken control over our lives in this fascinating in-depth interview which offers real answers and solutions.
Duration : 0:10:16
Thurs. Feb. 25 Epiphany Trading Markets Wrap-Up
Feb. 26 (Bloomberg) — Carl Stick, a director at Rathbone Unit Trust Management Ltd., talks with Bloomberg’s Poppy Trowbridge about Lloyds Banking Group Plc’s full-year loss.
Duration : 0:3:28