The very recent Treasury Department and Federal Reserve lender bailouts, interest rate manipulation actions, economic “stimulation” (in the form of giving taxpayers a small rebate of their own money), and now the orchestration of the Bear Sterns buyout deal (Treasury Secretary Paulson is a former Bear Sterns CEO—a very disturbing fact in light of the […]
Bears Being Gored by Bulls on Wall Street
During the noon hour in trading on Wall Street on Monday, March 24th, the Dow Jones industrial average reached gains of over 245 points, about 2%, as investors continued to be encouraged by financial market help from the Federal Reserve as well as Fed overnight lending rate cuts that seek to lower national lending rates […]
New PM Orders Release of Judges
In his historic speech in the National Assembly on Monday after being elected as the country’s 23rd prime minister, Syed Yousuf Raza Gilani ordered the administration to immediately release all detained judges who were put under house arrest on November 3, 2007 following imposition of emergency in the country. “All detained judges should be released […]
Opposition suffers major setback as MQM says ‘goodbye’
ISLAMABAD, Mar 22 : The United Opposition in Pakistan Saturday suffered a major setback when Mutahidda Qaumi Movement (MQM) formally parted ways with the PML by announcing withdrawal of its candidate for premiership in favour of PPPP. The announcement came after a formal meeting of a high powered MQM delegation with PML President Chaudhry Shujaat […]
Omaha, NE and the College World Series Debate
Omaha, Nebraska, Johnny Rosenblatt Stadium, and the College World Series have been synonomous with each other for over fifty years, but now there may be a hitch in the tradition. The College World Series wants a new stadium. There’s two ways of going about this and the city of Omaha is looking to both of them for […]
The Central Bank Of Nigeria Begins Automated Reserve Management
The Central Bank of Nigeria (CBN) on Tuesday started the deployment of Wallstreet Suite to manage the country’s growing foreign reserve now put at $58.3billion. Mr Lamido Yuguda, deputy director of reserve management and foreign operations at CBN, said: “Wallstreet’s successful implementation track record and extensive central bank experience were highly compelling factors when making […]
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