No doubt that the Fed has a perfect control of markets as noted it for years while many are hyping that markets are driven by crowd irrational sentiment.
Market Summary/Outlook:
$COMPX 2154.47 -10.82 -0.50% 2,438,401
$INDU 9972.18 -109.13 -1.08% 1,271,213
$INX 1079.60 -13.31 -1.22%
- Seven more banks failed Friday, pushing the 2009 total to 106 and marking the first year since 1992 that at least 100 have gone under. <<~~ This means that someone made a lot of money, e.g. Goldman, and the repeal of the Glass-Steagall was the start of the grand scheme.
- FDIC bank failure in brief <<~~ this is showing how 1% owns over 98% of the world wealth as they transferred the wealth using bubble and crash.
- http://money.cnn.com/news/storysupplement/economy/bank_failures/list/
- Soros: Taxpayers Are Right to Resent Bank Bonuses
- Icahn Resigns From Yahoo's Board, Praises CEO Bartz
- Republicans Question Health Care Improvements
- Anger Over Wall Street Pay Puts Spotlight On Directors
- BofA's Countrywide to Get Subpoena Over VIP Program
- What's Happening to Home Buyer Tax Credit Extention?
- House Health Care Bill Will Include Public Option: Pelosi
- Slideshow: Hedge Fund Mansions—At a Discount
Which Country Gets the Most Vacation Days?
