Financial News Update – 01/01/2010
Is The Government Misrepresenting Unemployment By 32%
Shiller: Sell Shares in the U.S., Not Just Its Debt
IMF: Riskiest Mortgage Lenders Biggest Lobbyists
Case: Housing Prices Poised to Fall 15 Percent
Milton Friedman on School Choice
20 million-plus collect unemployment checks in ’09
Taxpayers to Lose $400 Billion on FANNIE, FREDDIE
Washington slaps fee on plastic shopping bags
Prisoners used to shovel snow-bound US capital Instead of paying people who are unemployed, the White House is paying criminals to do the work. Welcome to social justice…
Last Year for Estate Tax Break; Cheaper to Die in 2010
Saudi, Norway gov’ts give millions to Bill Clinton
Mayo Clinic Drops Medicare Patients in Arizona as Obama Model Bemoans Cost
Labor Secretary to Crack Down on Business Violations
Russia Doubles Cost of Vodka to Combat Alcoholism
U.K. Drinking Culture Costs Health Care $4B a Year Gearing up for prohibition again…
Bankers Get $4 Trillion Gift From Barney Frank
A turbulent year in the currency markets is coming.
Banks Risk Storms in Safe Havens
California gears up to charge “Use Tax” on items purchased out of state
Stocks Edge Higher as Jobless Claims Fall
Fannie, Freddie Proving Too Big to Shrink
North Korea Bans Foreign Currencies in Market Clampdown
$36 Charge for Not Using Your Credit Card
Goldman Sachs Denies Betting Against Clients on CDOs
US Studies Banks’ Handling of Toxic Assets
Pension Fund Sues Morgan Stanley Claiming Bank Knew Investments Were Bad
Government moves closer on fresh aid to GMAC
Economists React: Prices Have Further to Fall
State, Local Tax Revenues Decline 7%
Government Gives GMAC $3.8 Billion in New Aid, Boosts Stake
Chinese Firm Says it Won’t Pay Goldman on Derivatives Losses
Banks Bundled Bad Debt, Bet Against It, and Won
World Stock Market Rally Seizes Up
Consumer Confidence Up, House Prices Stall
The Day The Dollar Died (Part 10): The Dented Crown and Worthless Pound
Gold Rush Grips China as People on Buying Spree