Tag Archives: subsidies


Yen Drops as Report Says N. Korea Launched Short-Range Missile

Bloomberg – The yen declined to a two-week low versus the euro and weakened against the dollar after Yonhap News said North Korea launched a short-range missile, posing a threat to the region’s security. South Korea’s won fell for the […]

Government provides record aid package to AIG

The Times and Democrat – In a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership. The action, announced […]

Auction Of Hedge Fund Manager’s Former House Brings To Mind Troubled U.S. Economy

Hartford Courant – Michael Lauer’s estate in the prestigious backcountry neighborhood of this wealthy town looks almost as troubled as the U.S. economy. The grounds are overgrown with waist-high weeds. A pool cover is filled with filthy, stagnant water. Inside, […]

Hedge funds control free markets

Folks, I want to share some information with you on "hedge funds." I have wanted to do this for some time now, but it seems each week some other topic pushes this one aside. Hedge funds are simply large – […]

Housing plan signed, but concerns linger

San Francisco Chronicle- The giant housing rescue plan President Bush signed Wednesday might help stanch the bleeding in the housing market, but experts on both sides of the political divide worry that it is, at best, only an emergency step. […]

Hedge Fund Report; Bear Buyout Could Cost Taxpayers

New York Post- Taxpayers are all but certain to take a hit on the securities the Federal Reserve accepted as part of JPMorgan Chase’s takeover of Bear Stearns, according to a report by a hedge fund that is an investor […]