December 17, 2008

Finanzkrise … ganz einfach

Categorie: politics — Tags: , , , , , , — bise, 11:13 am

Wer immer noch nicht verstanden hat, wie es zur Finanzkrise kommen konnte, sei folgender Zeit-Artikel ans Herz gelegt:
Wo ist das Geld geblieben?
Und wer kann schon behaupten, wirklich die Zusammenhänge begriffen zu haben. Auch nach der Lektüre dieses Dossiers.
Auf die wesentlichen Begriffe geht der Artikel leider nur kurz ein: die „Credit Default Swaps“ werden gerade mal [...]

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November 14, 2008

Financial crisis: Foreseen years ago and laught at

Categorie: politics — Tags: , , , — fraehnk, 2:08 pm

Peter Schiff had several TV occurrences, where he warned about the up coming meltdown of the subprime-credit default swap-mortgage market and was quite right about the time and severeness of this event, while the other guys just laugh at him. To his credit he predicted several other financial crisis before (Dot.com bubble and Asian [...]

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October 8, 2008

Financial crisis: Conflict of interests??….

Categorie: politics — Tags: , , , , , — fraehnk, 9:07 pm

… naay, just because Henry Paulson is the former CEO of Goldman Sachs and now leader of U.S. government economic bailout efforts of 2008 giving this very bank billions and billions… c’mon.
Video:

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October 7, 2008

Self-inflicted financial crisis

Categorie: politics — Tags: , , , , , — fraehnk, 6:33 am

Why should taxpayers stand up for the ruthless, selfish, solely profit oriented behavior of the big banks? You are right: they should NOT! Here is a video of CBS 60 min that explains how the financial crisis was created:
A Look At Wall Street’s Shadow Market
How Some Arcane Wall Street Financial Instruments Magnified Economic Crisis

Video:

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September 18, 2008

Let’s loose some weight…

Categorie: politics — Tags: , , , , , , , , — fraehnk, 9:44 am

..eerrm by weight i mean money. Here is a nice infographic from the Wallstreet Journal showing the awesomeness of lossing of 1.8 Trillion dollar.

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