Tag Archive: Financial Crisis

Market crash ‘could hit within weeks’, warn bankers

A more severe crash than the one triggered by the collapse of Lehman Brothers could be on the way, according to alarm signals in the credit markets. Insurance on the debt of several… Continue reading

FEMA almost out of disaster funds

NEW YORK (CNNMoney) — The Federal Disaster Relief Fund, the pot of money used to help communities and individuals hit by disasters, is nearly depleted. That’s bad news for victims of both Hurricane… Continue reading

Head of World Bank warns markets have entered new danger zone

The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that… Continue reading

Obama admits the government could default as debt talks collapse AGAIN

House Speaker John Boehner blamed President Barack Obama for the collapse of U.S. debt ceiling talks, saying the White House sought to raise taxes and failed to ‘make the tough choices’ on spending… Continue reading

10 Signs That Wall Street Is About To Go Into Panic Mode

The following are 10 signs that Wall Street is about to go into panic mode…. #1 According to The New York Post, nearly all of the major Wall Street banks are planning huge… Continue reading

‘We can live the American dream’ says Obama as jobs take massive hit

President Barack Obama flew to the Midwest today in an attempt to promote his economic agenda – the same day a damning report revealed the number of jobs plunged in May making it… Continue reading

How Many Suicides Will There Be?

While I was surfing through the various news sites this morning (Friday, March 18), I came across this story from the Los Angeles Times about the apparent suicide of a maintenance worker for… Continue reading