Archive for August 17th, 2012

We have such an eroded public safety net that folks are reduced to selling their life insurance policies for the sake of paying their medical bills By John Gravois AlterNet.com When we think of “innovative financial products,” we probably think of credit-default swaps, collateralized debt obligations, and other ghoulish abstractions that we nervously half-remember... »

Louis Woodhill Forbes.com President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly competitive in the... »

KingWorldNews.com August 17, 2012 With the recent surge in gold, silver, and the mining shares, today King World News interviewed 25 year veteran Caesar Bryan over at Gabelli & Company, which has over $31 billion under management. Here is what Ceasar had to say regarding a continued loss of confidence in the financial system:... »