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China seizes more tainted milk powder

By China correspondent Stephen McDonell   Chinese authorities are shutting dairy companies down following the discovery of new batches of p…

Started by Tara in Current News/Events

2 Feb 8, 2010
Reply by Tara

Obama admin sees virtually no legal foundation for holding terrorism suspects arrested on U.S. soil in preventive detention

Administration Signals It Won’t Push Legal Limits of Terrorism Detention by Chisun Lee, ProPublica - February 4, 2010 5:46 pm EST The fi…

Started by truth in Current News/Events

0 Feb 8, 2010

More than 300,000 from Pennsylvania to Virginia without power - Feds Close DC

(CNN) -- Michelle Timberlake didn't expect to venture into the weekend blizzard that blanketed much of the mid-Atlantic. But the interior…

Started by truth in Current News/Events

0 Feb 8, 2010

Scariest Chart EVER: Loss Severity, Subprime First-Lien

SourceThis chart shows the loss severity for subprime first-lien mortgage loans in the tri-state area (New York, New Jersey, and Connecticu…

Started by Localtarian in Current News/Events

0 Feb 8, 2010

Citi plans crisis derivatives

SourceCredit specialists at Citi are considering launching the first derivatives intended to pay out in the event of a financial crisis. Th…

Started by Localtarian in Current News/Events

0 Feb 8, 2010

Jumbo Mortgage ‘Serious Delinquencies’ Rise to 9.6%

SourceU.S. prime jumbo mortgages at least 60 days late backing securities reached 9.6 percent in January from 9.2 percent in December, the…

Started by Localtarian in Current News/Events

0 Feb 8, 2010

The real Unemployment measruement the "U3 and U6" Measruement system

Source A frequent meme propounded in the economic blogosphere is that U6 unemployment, running near 17% now, is a truer measure (and there…

Started by Localtarian in Current News/Events

0 Feb 7, 2010

Bonus Shock: Goldman CEO Lloyd "I'm doing God's work" Blankfein Gets Just $9M

Blankfein's Bonus Is All in Stock, Called a PR Coup for Embattled Investment Firm SourceRumors were that when Goldman Sachs CEO Lloyd Blank…

Started by Localtarian in Current News/Events

0 Feb 7, 2010

Fire Departments Charge for Service, Asking Accident Victims to Pay Up

Victims, Insurance Companies Complain Fire Departments Are Double-Dipping for Services Paid by Taxes SourceIt came in the mail less than a…

Started by Localtarian in Current News/Events

0 Feb 7, 2010

Europe At Risk of Another Global Depression

Source The entirely pointless G7 meeting this weekend only served to underline the fact that Europe is again entering a serious economic c…

Started by Localtarian in Current News/Events

0 Feb 7, 2010

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A few reasons I don’t like jews. It’s not complicated.

These are the reasons I became antisemitic. It’s not complicated. Sure, I could go on for days, weeks, months outlining everything, but I don’t need to. This...
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