Blame the Speculators
Blame the Speculators In Washington, some high prices are deemed better than others. Stocks should go up, and so should home prices ... regulators to set strict limits on how many futures contracts could be owned by financial types [more...]
Date: 2008-06-19 16:07:37
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OTC Derivative Growth Since 1998
As the world financial markets head into complete meltdown, it is worth taking a moment to look back to see where much of this began ... are meant to monetize risk of default. Futures contracts, options, swaps, and many others allow one party ... for interest rate contracts, commodity contracts, and credit default swaps. Though commodity [more...]
Date: 2008-09-18 20:14:31
"The" Mansion had to Downsize...
Forget the credit panic and sinking house prices!Ignore the melting ice caps and soaring food prices!Want a real sign that an Apocalypse is imminent? ... publishing pictures of naked ladies? Have futures contracts for garter belts skyrocketed ... I hear you ask. Okay here is the financial snapshot ~ Revenues decreased $12.3 million [more...]
Date: 2009-01-12 06:03:00
Above the fold
A DAILY round-up of economic news: The bailout saga continues to turn ... for oil yesterday. Traders buying October oil futures to cover earlier sales of the contract briefly ... by resurgent commodities prices and a tangled global financial situation. [more...]
Date: 2008-09-23 14:18:14
Selling decimates the markets; gold rallies, T-bill rates dive
Calamity rules in markets today after the House, in a shocker, voted down the financial-system bailout bill ... demand to dry up if the global economy contracts sharply. Crude oil futures are down $9.26 to $97.63 a barrel. The Reuters/Jefferies CRB index of 19 commodities is down 5%. The only major commodity [more...]
Date: 2008-09-29 19:36:55
The Prince’s Top 10 Financial Stories of 2008
10. Bye-Bye Washington Mutual Five years ago, WaMu was at the top of it's game gobbling up other banks, even last year at this time, ... the bankruptcy court to allow it to cancel futures contracts to buy corn from farmers after corn [more...]
Date: 2008-12-31 13:16:00
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