American's Now Fearing For The Worst

As the financial markets and congress take another pause to 'think' and look for solutions, Americans fear for the worse....

Read more Financial carnage leaves Americans fearing the worst

Citigroup to buy Wachovia at $1 per share

Citigroup has agreed to buy Wachovia’s banking operations in a government-brokered deal for $1 a share in stock.....

Read more Citigroup to Buy Wachovia

McCain: Obama Will Deepen Recession If Elected

Presidential candidate John McCain says that Barack Obama will only lead this country into a deeper recession...

Read more McCain says Obama policies will deepen recession

BBC "deliberately misrepresent", Global Warming?

"We do not dispute that there is more carbon dioxide in the atmosphere, but we do dispute its effects’..."

Read more BBC investigated after peer says climate change programme was biased 'one-sided polemic'

Swastikas Found: New York Jewish Center

What is the meaning of this?

Anti-Semitic vandals have apparently struck again in New York City, defacing property with swastikas in two separate incidents. Police said Thursday they have opened a hate crime investigation after 22 swastikas were found spray-painted on walls and doors of a local high school.

Read more Swastikas Found At City High School, Jewish Center

What is a Hate Crime?

What is a Swastika?

Nazi Germany and the Third Reich are the common English names for Germany under the regime of Adolf Hitler and the
National Socialist German Workers Party (a.k.a. NSDAP or the Nazi Party), which established a totalitarian dictatorship that existed from 1933 to 1945.


Source: wnbc New York

Oil Biz: Meet The Powerful "7 Sisters"

The Power of Petroleum:

The Seven Sisters of the petroleum industry is a term coined by an Italian entrepreneur, Enrico Mattei,that refers to seven oil companies that dominated mid 20th century oil production, refining, and distribution.

The "New Seven Sisters"
On 11 March 2007, the Financial Times identified the "New Seven Sisters":

The most influential and mainly state-owned national oil and gas companies from countries outside the OECD.

They are:

Saudi Aramco (Saudi Arabia)
JSC Gazprom (Russia)
CNPC (China)
NIOC (Iran)
PDVSA (Venezuela)
Petrobras (Brazil)
Petronas (Malaysia)

EXCLUSIVE: Wall Street Goes To Jail In 2009'

Jussup Lieberman World News Exclusive:

With more than 24 financial institutions being investigated by the FBI,SEC,DOJ and other law enforcement agencies, we predict criminal charges and jail time for more than a handful of executives.

As lawmakers, the Bush administartion, Federal Reserve Chairman Benjamin Bernanke and Treasury Secretary Henry Paulson, work out details around the clock seeking new ways to approve any form of emergency legislation($700 billion to $1 Trillion bailout) that would give the government power to purchase devalued assets from troubled financial firms.

With the 'bailout/failure' of AIG, IndyMac, Lehman Brothers, American International Group, Countrywide, Fannie Mae, Freddie Mac and others, theres more than just 'losses' to these failures and near failures. There is fraud, mismanagement and misrepresentation of assets and other violations across the board. These stories are far from over.

As for the companies listed above and others, we predict 2009 to be a 'financial executive's' worst nightmare.

You read it here first.

Stay tuned......