Plans to Hide Commercial Real Estate Losses Won’t Avert a Double-Dip Downturn
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By Shah Gilani, Contributing Editor, Money Morning
Sooner or later, mounting losses on commercial real estate could crash through the market's 2009 optimism and send the economy and stocks into a double-dip downturn.
The major problem is that lawmakers and regulators are setting up investors into believing that commercial real estate (CRE) losses are being [...]
How Wall Street Ruined Main Street
Wall Street’s Stranglehold on the Economy Is Choking Americans
America’s Founding Fathers were afraid of any concentration of power in the republic. They were particularly afraid that banking interests could hijack our fledgling democracy.
And yet today, 234 years later, our Founding Fathers’ worst fears have come true. Wall Street’s stranglehold on the economy threatens our very [...]
Congratulations, Bankers — You’re Rich Again
Now if only they could get back to helping the rest of us. Read more.
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Banks Are Not Dead – Yet
JPMC, aka Chase or JP Morgan, reported a better-than-expected profit today. Sounds good, right? While the company (also my employer) didn’t make as much as it did same quarter last year, it did earn a profit. That’s a glimmer of hope. However, upon further inspection, it becomes apparent that most of the profit came from [...]
Best Ways to Begin Stock Investing
My blogging friend, AJC over at How to Make 7 Million in 7 Years talked about how a newcomer to stock investing should get started in this post — What is the best way for a newcomer to get started in investing in stocks? In the post, he suggests to use the 2 methods that [...]
