Dandy Andy aka flmkrdano's Blog – June 2009 Archive (27)
Bernanke faces GOP-led heat on BofA-Merrill deal
Bernanke faces heat from Republicans on BofA-Merrill deal; disputes threatening CEO's job
By Jeannine Aversa, AP Economics Writer
On Thursday June 25, 2009, 5:46 pm EDT
Companies: American international group, inc.Bank of america corporationFannie mae
WASHINGTON (AP) -- Facing an unusual political trial, Federal Reserve Chairman Ben Bernanke disputed accusations Thursday that he pressured Bank of America to acquire Merrill Lynch in a deal that cost taxpayers $20… Continue
By Jeannine Aversa, AP Economics Writer
On Thursday June 25, 2009, 5:46 pm EDT
Companies: American international group, inc.Bank of america corporationFannie mae
WASHINGTON (AP) -- Facing an unusual political trial, Federal Reserve Chairman Ben Bernanke disputed accusations Thursday that he pressured Bank of America to acquire Merrill Lynch in a deal that cost taxpayers $20… Continue
Added by Dandy Andy aka flmkrdano on June 26, 2009 at 11:06am — No Comments
The swelling bubble ....?
MARKET PULSE
SAN FRANCISCO (MarketWatch) -- Bank of America Corp. (BAC 12.35, 0.00, 0.00%) may report a second-quarter loss as the bank continues to digest its Merrill Lynch acquisition and bolster reserves amid rising consumer loan losses, Citigroup analyst Keith Horowitz wrote in a note to investors Thursday. The analyst expects Bank of America to report a quarterly loss of 11 cents a share. That compares to the average analyst estimate of a profit of 27 cents a share,… Continue
SAN FRANCISCO (MarketWatch) -- Bank of America Corp. (BAC 12.35, 0.00, 0.00%) may report a second-quarter loss as the bank continues to digest its Merrill Lynch acquisition and bolster reserves amid rising consumer loan losses, Citigroup analyst Keith Horowitz wrote in a note to investors Thursday. The analyst expects Bank of America to report a quarterly loss of 11 cents a share. That compares to the average analyst estimate of a profit of 27 cents a share,… Continue
Added by Dandy Andy aka flmkrdano on June 26, 2009 at 11:03am — No Comments
WHO probes report of bubonic plague in Libyan town
WHO probes report of bubonic plague in Libyan town
Tue Jun 16, 2009 10:20am EDT Email | Print | Share | Reprints | Single Page [-] Text [+]
CAIRO (Reuters) - Libyan authorities have reported an outbreak of bubonic plague in the Mediterranean coastal town of Tubruq, and the World Health Organization was sending a team to investigate, a WHO official said on Tuesday.
The cases -- approximately 16 to 18 have been reported -- would be the first in more than two decades in Libya… Continue
Tue Jun 16, 2009 10:20am EDT Email | Print | Share | Reprints | Single Page [-] Text [+]
CAIRO (Reuters) - Libyan authorities have reported an outbreak of bubonic plague in the Mediterranean coastal town of Tubruq, and the World Health Organization was sending a team to investigate, a WHO official said on Tuesday.
The cases -- approximately 16 to 18 have been reported -- would be the first in more than two decades in Libya… Continue
Added by Dandy Andy aka flmkrdano on June 17, 2009 at 2:40pm — No Comments
U.S. tells Zicam maker to stop selling some products
U.S. tells Zicam maker to stop selling some products
Tue Jun 16, 2009 3:43pm EDT Email | Print | Share | Reprints | Single Page [-] Text [+]
By Lisa Richwine and Bill Berkrot
WASHINGTON/NEW YORK (Reuters) - U.S. regulators warned Matrixx Initiativesto stop selling intranasal versions of its zinc-containing Zicam cold remedy after more than 130 reports of people losing their sense of smell after using the products, sending Matrixx shares into a tailspin.
The U.S.… Continue
Tue Jun 16, 2009 3:43pm EDT Email | Print | Share | Reprints | Single Page [-] Text [+]
By Lisa Richwine and Bill Berkrot
WASHINGTON/NEW YORK (Reuters) - U.S. regulators warned Matrixx Initiativesto stop selling intranasal versions of its zinc-containing Zicam cold remedy after more than 130 reports of people losing their sense of smell after using the products, sending Matrixx shares into a tailspin.
The U.S.… Continue
Added by Dandy Andy aka flmkrdano on June 17, 2009 at 2:39pm — No Comments
Passengers cheat flu scan with fever reducers
Passengers cheat flu scan with fever reducers
Mon Jun 15, 2009 11:45am EDT Email | Print | Share | Reprints | Single Page [-] Text [+]
HANOI (Reuters) - Many sick passengers who flew to Ho Chi Minh City in southern Vietnam took fever reducers to cheat temperature scanners at the airport, leading to the discovery of several infected cases later, state media reported at the weekend.
Nguyen Van Chau, head of Ho Chi Minh City's Health Department, was quoted in… Continue
Mon Jun 15, 2009 11:45am EDT Email | Print | Share | Reprints | Single Page [-] Text [+]
HANOI (Reuters) - Many sick passengers who flew to Ho Chi Minh City in southern Vietnam took fever reducers to cheat temperature scanners at the airport, leading to the discovery of several infected cases later, state media reported at the weekend.
Nguyen Van Chau, head of Ho Chi Minh City's Health Department, was quoted in… Continue
Added by Dandy Andy aka flmkrdano on June 17, 2009 at 2:21pm — No Comments
Goldman Could Shed ’Commercial Bank’ Charter
Goldman Could Shed ’Commercial Bank’ Charter
Freed from the grip of the U.S. Treasury’s bailout program, Goldman Sachs Group might seek to shed its commercial bank holding company status and reclaim its role as Wall Street’s iconic investment bank, some investors believe.
By Reuters
More from this author
June 11, 2009
* Rescinding would loosen regulation, trading constraints
* '08 charter change signaled safety to investors
* Goldman… Continue
Freed from the grip of the U.S. Treasury’s bailout program, Goldman Sachs Group might seek to shed its commercial bank holding company status and reclaim its role as Wall Street’s iconic investment bank, some investors believe.
By Reuters
More from this author
June 11, 2009
* Rescinding would loosen regulation, trading constraints
* '08 charter change signaled safety to investors
* Goldman… Continue
Added by Dandy Andy aka flmkrdano on June 17, 2009 at 2:19pm — No Comments
Obama Proposes New Wireless Spectrum Fee
Obama Proposes New Wireless Spectrum Fee
Under President Obama's budget submitted to lawmakers, wireless carriers such as Verizon, AT&T and Sprint would be hit with huge fees for the right to hold a spectrum license. The fee per carrier would be $50 million this year and eventually rise to $500 million per carrier, per year within a decade. Users fear carriers will add the new fee to phone bills.
The Obama administration Feb. 26 proposed to tax wireless carriers… Continue
Under President Obama's budget submitted to lawmakers, wireless carriers such as Verizon, AT&T and Sprint would be hit with huge fees for the right to hold a spectrum license. The fee per carrier would be $50 million this year and eventually rise to $500 million per carrier, per year within a decade. Users fear carriers will add the new fee to phone bills.
The Obama administration Feb. 26 proposed to tax wireless carriers… Continue
Added by Dandy Andy aka flmkrdano on June 15, 2009 at 1:34pm — No Comments
Growing Up Without Guns
Growing Up Without Guns
By Online Sunday, June 14, 2009
While growing up, I knew there were guns and other arms, because the army and police had them. Us, ordinary people didn’t need them. The saying was “my police protect me”. I don’t think I ever saw a gun except in movies or those carried by police on the streets. Some people in remote mountain villages had small rifles and a limited amount of ammunition - mainly to shoot predator animals to protect their farm animals. At 13,… Continue
By Online Sunday, June 14, 2009
While growing up, I knew there were guns and other arms, because the army and police had them. Us, ordinary people didn’t need them. The saying was “my police protect me”. I don’t think I ever saw a gun except in movies or those carried by police on the streets. Some people in remote mountain villages had small rifles and a limited amount of ammunition - mainly to shoot predator animals to protect their farm animals. At 13,… Continue
Added by Dandy Andy aka flmkrdano on June 14, 2009 at 10:51am — No Comments
Shootings show threat of 'lone wolf' terrorists
Shootings show threat of 'lone wolf' terrorists
WASHINGTON – An elderly man enters a crowded museum carrying a rifle and begins shooting. A young man in Arkansas pulls the trigger outside a military recruiting office. Another man opens fire in a Kansas church.
Three chilling, unconnected slayings in less than two weeks. One gunman was a white supremacist, one a militant Muslim, one a fervent foe of abortion.
Each suspect had a history that suggested trouble.… Continue
WASHINGTON – An elderly man enters a crowded museum carrying a rifle and begins shooting. A young man in Arkansas pulls the trigger outside a military recruiting office. Another man opens fire in a Kansas church.
Three chilling, unconnected slayings in less than two weeks. One gunman was a white supremacist, one a militant Muslim, one a fervent foe of abortion.
Each suspect had a history that suggested trouble.… Continue
Added by Dandy Andy aka flmkrdano on June 13, 2009 at 2:29pm — 1 Comment
Panel adds $308 million to spec ops budget
Panel adds $308 million to spec ops budget
By Rick Maze - Staff writer
Posted : Thursday Jun 11, 2009 12:03:13 EDT
A House subcommittee approved an $8.65 billion special operations budget on Thursday that includes $308.4 million to fully cover a wish list of items left out of the Obama administration’s defense budget request.
The House Armed Services Committee’s terrorism, unconventional threats and capabilities panel also ordered an assessment of the… Continue
By Rick Maze - Staff writer
Posted : Thursday Jun 11, 2009 12:03:13 EDT
A House subcommittee approved an $8.65 billion special operations budget on Thursday that includes $308.4 million to fully cover a wish list of items left out of the Obama administration’s defense budget request.
The House Armed Services Committee’s terrorism, unconventional threats and capabilities panel also ordered an assessment of the… Continue
Added by Dandy Andy aka flmkrdano on June 13, 2009 at 1:20pm — No Comments
White House had long planned GM and Chrysler bankruptcies
White House had long planned GM and Chrysler bankruptcies
by Jerry White
Global Research, June 9, 2009
World Socialist Web Site
While the Obama administration publicly claimed it was seeking to avoid bankruptcy filings by Chrysler and General Motors, behind the scenes the White House was determined to throw the two Detroit automakers into the bankruptcy courts.
Documents filed with the US Bankruptcy Court for the Southern District of New… Continue
by Jerry White
Global Research, June 9, 2009
World Socialist Web Site
While the Obama administration publicly claimed it was seeking to avoid bankruptcy filings by Chrysler and General Motors, behind the scenes the White House was determined to throw the two Detroit automakers into the bankruptcy courts.
Documents filed with the US Bankruptcy Court for the Southern District of New… Continue
Added by Dandy Andy aka flmkrdano on June 10, 2009 at 11:47am — No Comments
How Can Cyberspace Be Defended?
MONDAY, JUNE 8, 2009
How Can Cyberspace Be Defended?
Last month, President Obama unveiled his long-awaited "Cyberspace Policy Review." The 60-plus-page document is the first step toward a strategic, national plan to protect and defend the Internet, which is now the backbone of global commerce, communications and our basic way of life. Obama made clear he knows how vulnerable our networked world has become. He said that his own campaign computers had been hacked, that the rate of… Continue
How Can Cyberspace Be Defended?
Last month, President Obama unveiled his long-awaited "Cyberspace Policy Review." The 60-plus-page document is the first step toward a strategic, national plan to protect and defend the Internet, which is now the backbone of global commerce, communications and our basic way of life. Obama made clear he knows how vulnerable our networked world has become. He said that his own campaign computers had been hacked, that the rate of… Continue
Added by Dandy Andy aka flmkrdano on June 10, 2009 at 11:24am — No Comments
MONSTER BILL THAT WOULD HAVE SPAWNED NAFTA SUPERHIGHWAY DEAD
MONSTER BILL THAT WOULD HAVE SPAWNED NAFTA SUPERHIGHWAY DEAD
Legislative session ends; ‘NAFTA turnpike’ dealt major setback
By Mark Anderson
AUSTIN, Texas—Texans who oppose the Trans-Texas Corridor, the conversion of freeways to toll ways, and foreign ownership and tolling of U.S. highways in Texas were outraged over the back-room deals that almost led to the passage of House Bill 300, a massive bill that would have unleashed the Texas Department of… Continue
Legislative session ends; ‘NAFTA turnpike’ dealt major setback
By Mark Anderson
AUSTIN, Texas—Texans who oppose the Trans-Texas Corridor, the conversion of freeways to toll ways, and foreign ownership and tolling of U.S. highways in Texas were outraged over the back-room deals that almost led to the passage of House Bill 300, a massive bill that would have unleashed the Texas Department of… Continue
Added by Dandy Andy aka flmkrdano on June 8, 2009 at 1:35am — No Comments
Remembering Why We Fought D-Day
Remembering Why We Fought D-Day
By Bruce Walker Friday, June 5, 2009
Sixty-five years ago, on June 6, 1944, the Allied Powers made a desperate gamble for victory. Nazi Germany could not have been defeated without an invasion of northern France. Allied forces in Italy were trapped on Anzio “The Shingle”or in rough mountain fighting in southern Italy. The air war over Europe was going well, very well, but it would never be enough to force fanatical Nazis to… Continue
By Bruce Walker Friday, June 5, 2009
Sixty-five years ago, on June 6, 1944, the Allied Powers made a desperate gamble for victory. Nazi Germany could not have been defeated without an invasion of northern France. Allied forces in Italy were trapped on Anzio “The Shingle”or in rough mountain fighting in southern Italy. The air war over Europe was going well, very well, but it would never be enough to force fanatical Nazis to… Continue
Added by Dandy Andy aka flmkrdano on June 6, 2009 at 1:49pm — No Comments
Amazing predictions ......
Added by Dandy Andy aka flmkrdano on June 6, 2009 at 1:19pm — No Comments
The Geography of Recession
The Geography of Recession
June 2, 2009
By Peter Zeihan
RELATED LINK
Special Series: The Recession Revisited
Special Series: The Financial Crisis
The global recession is the biggest development in the global system in the year to date. In the United States, it has become almost dogma that the recession is the worst since the Great Depression. But this is only one of a wealth of misperceptions about whom the downturn is hurting most, and… Continue
June 2, 2009
By Peter Zeihan
RELATED LINK
Special Series: The Recession Revisited
Special Series: The Financial Crisis
The global recession is the biggest development in the global system in the year to date. In the United States, it has become almost dogma that the recession is the worst since the Great Depression. But this is only one of a wealth of misperceptions about whom the downturn is hurting most, and… Continue
Added by Dandy Andy aka flmkrdano on June 5, 2009 at 3:49pm — No Comments
LONE WOLF LESSONS
LONE WOLF LESSONS
June 3, 2009
By Scott Stewart and Fred Burton
At approximately 10:30 a.m. on June 1, as two young U.S. soldiers stood in front of the Army Navy Career Center in west Little Rock, Ark., a black pickup pulled in front of the office and the driver opened fire on the two, killing one and critically wounding the other.
Eyewitnesses to the shooting immediately reported it to police, and authorities quickly located and arrested the… Continue
June 3, 2009
By Scott Stewart and Fred Burton
At approximately 10:30 a.m. on June 1, as two young U.S. soldiers stood in front of the Army Navy Career Center in west Little Rock, Ark., a black pickup pulled in front of the office and the driver opened fire on the two, killing one and critically wounding the other.
Eyewitnesses to the shooting immediately reported it to police, and authorities quickly located and arrested the… Continue
Added by Dandy Andy aka flmkrdano on June 5, 2009 at 3:43pm — No Comments
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