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Date Sent: 2008-07-15
Freedom's Phoenix Headline News for Tuesday, July 15, 2008 |
IndyMac depositors line up for cash after seizure -- WaMu Bankrun Could See $26 billion in Losses
The Greatest Crime in History (Ernie fav!) -- Bankrun: Something Happening at WAMU This Minute! -- Homeland Security Pushing Really Insecure Real ID Program -- After IndyMac, Who's Next? Downey Financial? -- MISH: How Many Bullets Does The Fed Have Left? -- Citigroup's $1.1 Trillion of Mysterious Assets Shadows Earnings -- Obama aims to send 10,000 more troops to Afghanistan -- NEW Columnist: Wherein our perpetually prepared pistolero pushes projectiles of punditry upon the populace - by Chip Saunders -- Credit Fallout is Just Beginning - by Bill Fleckenstein -- Avoid Financials as Bank 'Fires' Continue, Laszlo Birinyi Says -- Naked Short Selling Crisis -- Ron Paul reports USA about to commit Act of War against Iran -- MISH: Paulson Crosses Rubicon and Lands In 5th Dimension -- Jim Rogers: Freddie and Fannie Bailout "Unmitigated Disaster" -- Stripper arrested for subway pole dances -- Sami Al-Arian: From Exoneration to Criminal Indictment - by Stephen Lendman -- Amber Alert! Get Ready For War - by Justin Raimondo
AZ: Michael Shoen breakfast speaker this Thursday; Radio
Jon Eisenberg on the Scott Horton Show at Antiwar Radio
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News Link • Federal Reserve
Credit Fallout is Just Beginning - by Bill Fleckenstein
7-14-08
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articles.moneycentral.msn.com
I think we're in about the second inning." (That guess is not so dissimilar to that of a friend I call the "Lord of the Dark Matter," who says he doesn't know what inning it is but is sure it's going to be a double-header
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News Link • Federal Reserve
WaMu Could See $26 billion in Losses
7-14-08
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CalculatedRisk.blogspot.com
Comments from Lehman Brothers that beleaguered thrift Washington Mutual Inc. could see $26 billion in total losses from items on its balance sheet and struggling National City Corp. being forced to assert it is still creditworthy only added to the an
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News Link • Federal Reserve
Something Happening at WAMU This Minute!
7-14-08
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MrMortgage.ml-implode.com
I noticed a line out of my local WAMU branch this morning. I then drove a few miles away and saw another branch with many people in line. I talked to someone there and they said the lines started before the bank opened and many people are sweeping th
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News Link • Federal Reserve
Jim Rogers: Freddie and Fannie Bailout "Unmitigated Disaster"
7-14-08
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Bloomberg.com
``They're ruining what has been one of the greatest economies in the world,'' Rogers said. Bernanke and Paulson ``are bailing out their friends on Wall Street but there are 300 million Americans that are going to have to pay for this.'
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News Link • Federal Reserve
Paulson Crosses Rubicon and Lands In 5th Dimension
7-14-08
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Michael Shedlock / Mish
Paulson now seems to be acting on the principle that as long as one is telling lies there is no additional harm in doing it with gusto. Otherwise it is very hard to explain how an "unlimited lending line"can possibly have "terms and co
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