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Chrysler and the US Government are currently negotiating with Chrysler’s secured creditors over debt that the US Treasury wants to extinguish for pennies through the dollar. GM is in a similar predicament with their bond stands. In fact, GM could miss a crucial bond payment on June first. Chapter 11 bankruptcy is not out with the question for your nations auto giant. Financial institutions across the US are sticking out their palms for TARP funds. Everywhere you look, balance sheets are poisoned with toxic debt.
DGC. Through the mid-1980’s you were the manager of the Commodity Department of the Abu Dhabi Investment Important. In November just weeks ago, Citigroup obtained a $7.5 High dollar cash ‘investment’ from the Abu Dhabi Investment Practitioner. The purchase gives away a give some thought to.9% equity stake in Citi and makes Abu Dhabi the bank’s largest investors. The equity units purchased pay once a year fixed rate of 11%! Is there an opinion on this transaction?
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It is an actual open secret that all list of major financial institutions in the US and around the world are owned or partially owned by Zionists. 1 other than bankers can finance Mr. Obama s campaign from a better avenue. Bankers have a part of playing on both sides of the wicket. Once they are trying to use each party again. Sanctions imposed on Iran provide a factual assumption that Iran is hoping to manufacture nuclear rifle.
September Philly Fed manufacturing survey – turned positive for the first time in ten months to few.8. It was a vast improvement over August’s disappointing figure of -12.7. But it beat the consensus figure of -10.
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