Posted by: aardvarkcola on: December 8, 2008
Here’s another barometer to tell us times are hard financially. Brothels in Europe are closing and laying off staff. (This is new: a business lays off staff who get laid.) However, it’s no funny business to the brothels as it seems to be a world-wide phenomenon- even the famous Mustang Ranch of Nevada has laid [...]
Posted by: aardvarkcola on: September 15, 2008
Looking for a video lead for this post. Found the best one on Aljazeera, of all places.
Fed moves to deal with financial crisis, from Associated Press
From Bloomberg.com http://www.bloomberg.com/news/index.html
Headlines from Reuters include “Struggling to Survive” and “Wall Street mauled by Lehman bankruptcy, AIG fears”
“Problems at Lehman spill over into several Canadian companies” [...]
Posted by: aardvarkcola on: September 15, 2008
Great story on the bank industry meltdown in the United States by Bill Jamieson of The Scotsman, filed today at 11:38. The head honchos of the American banking giants were called in by United States Federal Reserve chairman, Ben Bernanke for a meeting. How does a newspaperman from Edinburgh write such a rich I-can-see-it-happening, on-the-spot [...]
Posted by: aardvarkcola on: September 14, 2008
In Canada it seems business as usual, but in the United States, there is a whole lot of hurt. But don’t hold your breath. If the U.S. financial system gets sick, we sneeze, too.
Across the border hundreds of thousands of home foreclosures, 11 bank failures, and lately the U.S. Treasury takeover of Fannie Mae and [...]
