rightcoastconservative

Finally, the Obama administration unveiled its long-awaited plan to remove toxic assets from the books of the nation's banks. And the next question would be: Does this works? The $1 Trillion announced was not a small amount. If this measure failed, then, the whole of US sure would go into deep trouble (although now US is boiling the water over 100 Celsius). This is because, US largest creditor - China - would be more concerned about their investment in US treasuries of over a trillions. China had voiced out their concerned lately. And, US re-assured to the world regarding their sound economic conditions. Then, USD had started to weaken against major currencies in the world. I would rather asked: How safe was my investment in US treasuries? If i get back my money with much less value, there is no point investing my money there !!! Anyway, one thing is for sure. This $1 Trillion plan to remove toxic assets from banking system is the way forward to rescue banks from further write-dow...

YES... Attention to all working adults in Singapore, especially Malaysians. Now, im writting this in March 2009, and if this is true, it would be bad news for Malaysians in Singapore. Bad news 1: Singapore in recession since 2008 Bad news 2: Retrenchment and salary-cut is going and on... Bad news 3: Our hard earned $$$ are becoming lesser against USD Below is the facts: 1. Singapore main revenue (export market) had fallen on a double-digit basis 2. Singapore government most likely will further lower already low interest rate to spur economy. In other meaning, not attactive to hold SGD. 3. Cost of pump-primming projects would widening the figure of budget deficit, which needs several years to recover. Now, the FX rate is SGD 1 = RM 2.4, which is a good rate to convert it into RM. So, it is time to move your SGD now. Proven: http://biz.thestar.com.my/news/story.asp?file=/2009/4/7/business/3643051&sec=business Please take note of the DATE !!!

As expected, we say GoodBye to our beloved Lehman Brothers, instead of "GoodBuy" rated by many before. In fact, this is just the beginning. Although investor want to put a dot to all these bad news, things would not end so easily once the fire had started. After Lehman, AIG could be the next potential victim. Do not stop yet, and it's still counting... Japanese Banks, Goldman Sachs, Merill Lynch, UBS, Barclays, RBS, and so on... As to date, AIG have been fallen by more than 90%. Its market capitalisation hovering about $8billion only. Now, AIG is seeking a 'rescue tube', in orger to rides through this tough financial wave. Potential outcome: Yet, Fed come-in for another financial institution. (Boring, Dear Fed) Sold its valuable assets, e.g. insurance arm (can live few more days) Again, Say GoodBye After all, we could declare - Economy's World War III

Sad is all we can say about one of the world's largest investment bank. What are the measures to rescue the company? And, it is rescue-able? And, to what extend? As expected, Lehman Brothers is hardest hit resulting from the popular subprime mortgage crisis (for the moment). Its stock price was down about 95% from its 52-week high of $67.73 to $3.65 on 12/09/08. Mainly, due to the grewing concerned by investors. If you were one of them, would you still holding it? Sure, mainly because you can't even sell though, where no one was brave enough to buy it. Then, what can you do? Relax, sit down and get prepared to face the only consequence - losing all the hard earned money. Really cannot turn the table around? 3 solutions: Fed Reserves to bail it out. After the famous Freddie & Fannie bail-out, Lehman is just another troubled financial institution out there. Find other financial firms to swallow it. Who dare to? Last, and the most effective way - natural death.