Clearly, you can’t just lose $2 billion without someone wanting heads to roll, and rightfully so. The FBI has opened an investigation into the multi-billion-dollar trading losses at JPMorgan Chase, increasing pressure on the bank after key U.S. agencies said they were also looking into the high-risk trades that drew regulators’ attention in April. The [...]
Continue reading " FBI Probes JPMorgan on $2 Billion Trading Loss (VIDEO) "
Here are your top business and financial news headlines for Monday, April 30, 2012: – Dollar General looking to take market share from the grocery business – San Francisco Fed President John C. Williams more optimistic U.S. economy – China considering sovereign guarantees for its ships – Warner Chilcott considering possible sale after receiving interest [...]
Continue reading " Financial News Minute for April 30 2012 (VIDEO) "
Frustrated over the lack of media attention being given to Ron Paul? Fear not. One game developer is doing his part to draw focus on the GOP presidential hopeful. Ron Paul: Road to REVOLution, due later this summer, will chronicle Paul’s battle for the White House in epic interactive format. The game is being developed [...]
Continue reading " RON PAUL VIDEO GAME: Road to REVOLution to Debut This Summer (VIDEO) "
Here are your top business and financial news headlines for April 12, 2012: – Fed Vice Chairwoman Janet Yellen makes case for sticking to low-interest-rate policies – S&P 500 has almost doubled since March 2009, even when Apple excluded – State Bank of India to buy loans from banks in U.S. and Europe – Sony [...]
Continue reading " Financial News Minute for April 12 2012 (VIDEO) "
Here are your top business and financial headlines for Tuesday, April 10, 2012: – Bernanke: more regulatory action may be needed to safeguard money-market mutual funds – Toyota reorganizes vehicle-development system – Gold gained for a fourth day in London – Honda to launch 10 more car models in China by 2015 – Sharp seeks [...]
Continue reading " Financial News Minute for April 10 2012 (VIDEO) "
Here are your top business and financial news headlines for Thursday, April 5, 2012: – Russia is close to joining the WTO, but U.S. firms may be left out because of restrictions on trade – Talks to resolve U.S. and European price fixing probes into e-books are picking up as three international publishers may want [...]
Continue reading " Financial News Minute for April 5 2012 (VIDEO) "
Watch below as Mitt Romney squirms when asked some tricky questions. We Are Change’s Luke Rudkowski grills the GOP hopeful on why he does not support the transparency of the Federal Reserve. Rudkowski also asks him about the huge bailout that was given to Goldman Sachs. When Rudkowski asks Romney if both he and Obama [...]
Federal Reserve Chairman Ben Bernanke gave prepared testimony today to the House of Representatives Financial Services Committee on the U.S. economy and monetary policy. In his remarks, Bernanke stated that the Fed would most likely keep interest rates near record-low levels despite the recent decrease in unemployment. Bernanke said that recovery of the U.S. economy [...]
Continue reading " Ben Bernanke: Fed to Keep Rates Low Through 2014 Despite Jobs Uptick "
Last week, the creditors’ committee representing what’s left of the now-defunct Lehman Brothers asked bankruptcy Judge James Peck to force Treasury Secretary Timothy F. Geithner, who was President of the New York Fed at the time of Lehman’s bankruptcy, to answer a few questions. It turns out that the original subpoena issued by the committee [...]
Continue reading " Treasury Secretary Tim Geithner IGNORED Subpoena to Testify in Lehman Case "
Think the dollar might be in trouble? Given that it’s backed by absolutely nothing of any value, many people are suddenly a little hesitant to put much faith into paper currency. In fact, am increasing number of states now want currencies made of precious metals, namely silver and gold. Concerned that both the Federal Reserve [...]
The Federal Reserve will pay $76.9 billion to the U.S. Treasury as part of an annual dividend it pays out after covering its own expenses from interest on its ballooning bond portfolio and other gains. This represents the second highest amount paid to the Treasury in history. The central bank earned the money from investments [...]
Continue reading " Federal Reserve to Return $76.9 Billion to U.S. Treasury from 2011 Profit "
Crystal balls, I mean. Let’s look into ours and see what we here at Blippitt predict will happen in 2012. We’ve even included some predictions from our readers at the end. NOTE: These predictions are purely for entertainment purposes and should not be taken seriously In the world of politics, Mitt Romney will “win” a [...]
About Us |
Terms of Service |
Contact Us |
Writers |
Advertise |
Privacy Policy |
Sitemap
Legal Info: ©2012 Blippitt LLC | All Rights Reserved
