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Time to open up Wall Street's books to the world 12:01a ET October 7, 2008 (MarketWatch) NEW YORK (MarketWatch) -- The gorilla of Wall Street doesn't seem to be as smart as a trained monkey. Dick Fuld, the head of whatever is left of bankrupt Lehman Brothers Holdings Inc. , was dragged Monday to Capitol Hill, where he argued that the company's demise was the result of some bad ...

Australia shares rebound on unexpected 1 point rate cut 11:44p ET October 6, 2008 (MarketWatch) HONG KONG (MarketWatch) -- Australian shares rebounded strongly Tuesday, after the country's central bank unexpectedly cut its key interest rate by a full percentage point amid a worsening global financial markets crisis. The S&P/ASX 200 index bounced from negative territory and was up 47.6 ...

Afshin Rattansi talks to Max Keiser as World Markets Plunge http://fr.youtube.com/watch?v=cEtVUtOEigQ

how about lowering the interest rate for main street... their not interested in that! lol

Fed Sets Floor Below Rate Target, Engineering 'Stealth' Cut By Scott Lanman Bloomberg News Monday, October 6, 2008 http://www.bloomberg.com/apps/news?pid=20601087&si d=aSiAeDH_QZtk&refer=h ... NEW YORK -- The Federal Reserve may have cut borrowing costs today without actually saying so. The central bank used authority granted under last week's financial-rescue ...

Impending Economic Collapse in the U.S. and Death of Democracy... Clive Maund Oct 6, 2008 Politicians worship money and power. Every politician worth his salt secretly aspires to be a dictator, although they dare not admit this as it is not exactly politically correct. The ultimate goal of the consummate politician is to have absolute power, and be able to boss everyone else about, ...

Citigroup sues Wachovia, Wells Fargo for $60B BY SARA LEPRO, AP Business Writer 1 hour, 2 minutes ago NEW YORK - Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in damages for interfering with the bank's planned takeover of Wachovia's banking operations....

Dow plunges as much as 800 before closing down 369 By JOE BEL BRUNO and TIM PARADIS, AP Business Writers 2 minutes ago NEW YORK - Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points — their largest one-day point drop — before recovering to close with a loss of 370. The catalyst for the ...

Now that, was a wild day. G-8 meeting tonight should be interesting. eom

Germany takes hot seat as Europe falls into the abyss We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars. By Ambrose Evans-Pritchard Last Updated: 11:05AM BST 06 Oct 2008 Comments 226 | Comment on this ...

Germany takes hot seat as Europe falls into the abyss We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars. By Ambrose Evans-Pritchard Last Updated: 11:05AM BST 06 Oct 2008 Comments 226 | Comment on this ...

Now that, was a wild day. G-8 meeting tonight should be interesting. eom

Fed Sets Floor Below Rate Target, Engineering 'Stealth' Cut By Scott Lanman Bloomberg News Monday, October 6, 2008 http://www.bloomberg.com/apps/news?pid=20601087&si d=aSiAeDH_QZtk&refer=h ... NEW YORK -- The Federal Reserve may have cut borrowing costs today without actually saying so. The central bank used authority granted under last week's financial-rescue ...

Time to open up Wall Street's books to the world 12:01a ET October 7, 2008 (MarketWatch) NEW YORK (MarketWatch) -- The gorilla of Wall Street doesn't seem to be as smart as a trained monkey. Dick Fuld, the head of whatever is left of bankrupt Lehman Brothers Holdings Inc. , was dragged Monday to Capitol Hill, where he argued that the company's demise was the result of some bad ...

Australia shares rebound on unexpected 1 point rate cut 11:44p ET October 6, 2008 (MarketWatch) HONG KONG (MarketWatch) -- Australian shares rebounded strongly Tuesday, after the country's central bank unexpectedly cut its key interest rate by a full percentage point amid a worsening global financial markets crisis. The S&P/ASX 200 index bounced from negative territory and was up 47.6 ...

Afshin Rattansi talks to Max Keiser as World Markets Plunge http://fr.youtube.com/watch?v=cEtVUtOEigQ

how about lowering the interest rate for main street... their not interested in that! lol

Dow plunges as much as 800 before closing down 369 By JOE BEL BRUNO and TIM PARADIS, AP Business Writers 2 minutes ago NEW YORK - Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points — their largest one-day point drop — before recovering to close with a loss of 370. The catalyst for the ...

Citigroup sues Wachovia, Wells Fargo for $60B BY SARA LEPRO, AP Business Writer 1 hour, 2 minutes ago NEW YORK - Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in damages for interfering with the bank's planned takeover of Wachovia's banking operations....

Didn't write the article, just posted it :Thumbsup: