It seems that there are several concerned in Washington about the massive spending spree that went on with money from Northern Trust. What appears to be a rampant abuse of taxpayer money has a few feathers ruffled. Golf outings, Cheryl Crow concerts and drinks, drinks, drinks… Party on finance-boys!
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Perhaps it is nothing more than wild speculation at this point, but rumors are popping up on the street that Warren Buffett may have received margin calls related to derivative/option investments. Yes, these are the same type of investment that Mr. Buffett has termed, “financial weapons of mass destruction.” As...
White House Press Secretary Robert Gibbs (smugly) tries to debunk Rick Santelli’s rebel rousing comments seen on CNBC late last week. In the beginning of the clip, he asks
“…I am not entirely sure where Mr. Santelli lives or what kind of house he lives in…”
Was that intended to...
Guests: Frank Curzio, TheStreet.com and David Gaffen, Wall Street Journal discuss the markets, banks and how to prosper and protect. We also review how we made a quick switch from our hedged position of double inverse ETFs to double longs and initiated a position in the financial sector – BEFORE...
Here is a little online game that takes you through the process of finding, drilling and eventually profiting from oil. Black Gold they call it….
They should have added the ability to search for tankers simply holding the precious material until prices go up as another source of the black slime.
It...
