America Bails Out A Thankless World [1] Here is an excerpt: “Turns out the Fed had over a dozen emergency programs operating beginning in 2007-08, one of them lending close to $9 trillion to Merrill Lynch, Morgan Stanley and other troubled institutions, often at the comical interest rate of 1%.”
John R. suggested this insightful piece by David at Deepcaster: Profit-Lessons from The Ongoing Europe/USA Crises [2]
Reader Davis sent flagged this: Mounting State Debts Stoke Fears of Looming Crisis [3]
Bob G. sent this item: The Patriotic and Moral Imperative for Owning Gold and Silver [4]
Items from The Economatrix:
FDIC Takes Gloves Off for Failed Bank Losses [5]
Euro Slide Gathers Pace on Debt Crisis Fears [6]
Holiday Shoppers Came Out to Spend in November [7]
White House Presses Congress for Jobless Benefits [8]
Fed May be Central Bank of the World After UBS [9]
UK Banks Borrowed More than $1 Trillion from Fed [10]
Fed Reveals it Dished Out Trillions to World Banks to Aid The Crisis [11]