Bank Illusions

21 April 2009

Guest-blogged by SNS Member Russ Daggatt
You may have noticed that the big banks have been reporting upbeat “earnings” figures in recent days. Just yesterday, Bank of America reported a staggering $4.2 billion in first quarter “earnings.” But it’s share price declined by an also staggering 24% What’s up? Surely investors saw the impressive “earnings” numbers. [...]

KPLU NPR Interview: The Oil Bubble

25 September 2008

From KPLU Radio and NPR: “When it comes to the troubles plaguing our economy, a lot of attention is being paid to bank failures and bailouts. But don’t forget about oil prices.
In this month’s conversation, Strategic News Service publisher Mark Anderson tells KPLU’s Dave Meyer about hot money and the oil bubble.”
Listen now: http://www.publicbroadcasting.net/kplu/news.newsmain?action=article&ARTICLE_ID=1373074

THE U.S. ECONOMY – IS IT FUBAR?

30 May 2008

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