Whats a C.D.O. (Collateralized dept obligation)?
Wall Street giants like Citigroup and Merrill Lynch have been severely shaken by their losses on an arcane innovation in finance: collateralized dept obligations, or C.D.O.’s.
Worldwide, there is more than $1.3 trillion invested in C.D.O.’s. Residential mortgage-backed securities, or R.M.B.S., make up 56 percent of the assets in C.D.O.’s. So the slump in housing has had a huge ripple effect on these investments.
Here’s how a C.D.O. (…)
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Whats a C.D.O. (Collateralized dept obligation)?
17 March 2009 -
Rally demands Georgian president’s resignation
17 March 2009Rally demands Georgian president’s resignation
The Associated Press Sunday, March 15, 2009
TBILISI, Georgia: More than 2,500 demonstrators marched through the Georgian capital on Sunday calling for President Mikhail Saakashvili’s resignation.
Lawyers, journalists, teachers, doctors and others gathered in downtown Tbilisi to denounce what they called Saakashvili’s repressive rule, chanting "Saakashvili, go away!"
While Georgians rallied around their leader against Russia during (…) -
Bush War Crimes Jeopardizing Public Health in Iraq and Afghanistan
17 March 2009As commander-in-chief of the military, former President George W Bush was responsible for US attacks on hospitals in Iraq and Afghanistan, the mistreatment of their personnel and patients, and the denial of medical supplies to them and to the general populations of those nations, an authority on war crimes says..
http://www.globalresearch.ca/index....
George W Bush War Criminal Number One - Calgary March 17, 2009
brought to you by Canada who permits his entry and refuses to arrest. (…) -
Freeman speaks out on his exit
15 March 2009Freeman speaks out on his exit
Retired Amb. Chas Freeman, who said today that he no longer accepts an offer to chair the National Intelligence Council, has just sent this message:
You will by now have seen the statement by Director of National Intelligence Dennis Blair reporting that I have withdrawn my previous acceptance of his invitation to chair the National Intelligence Council.
I have concluded that the barrage of libelous distortions of my record would not cease upon my entry (…) -
It All Gets Real
14 March 2009By David Glenn Cox http://theservantsofpilate.com
“Some get stoned, some get strange, sooner or later, it all gets real” (Neil Young)
We live in a cloud with our inputs overloaded, like pool balls bouncing off the bumpers, looking for a hole. The news media tells us about the mean old Chinese that are harassing an unarmed US navy vessel. Those bad old Chinese, how dare they do that to our boys? Except that it is a US spy ship spying off the Chinese coast, and we want to blame the (…) -
The Armenian Genocide: Facts, Players, Two Documentaries, The Truth With Obama, and ADL vs. Watertown
14 March 2009“The Armenian Genocide, also known as the Armenian Holocaust, the Armenian Massacres and, by Armenians, the Great Calamity - refers to the deliberate and systematic destruction (genocide) of the Armenian population of the Ottoman Empire during and just after World War I. It was characterised by the use of massacres, and the use of deportations involving forced marches under conditions designed to lead to the death of the deportees, with the total number of Armenian deaths generally held to (…)
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Russia welcomes Kazakh proposal for electronic single currency
14 March 2009Russia welcomes Kazakh proposal for electronic single currency
15:51 | 14/ 03/ 2009 MOSCOW, March 14 (RIA Novosti) - The Kazakh president’s idea for a unified currency for payments between states in the Eurasian Economic Community will be examined and could go forward, Russia’s foreign minister said on Saturday.
President Nursultan Nazarbayev’s suggestion would not mean replacing national currencies with an equivalent of the euro, but would create a non-cash currency for interstate (…) -
G20 - the possible end of world independence
14 March 2009G20 - the possible end of world independence
Citibank and JP Morgan have been profitable in the first two months of 2009. The markets are recovering and the banking sector is leading the rally. The worst is over – or is it?
Are there hidden reasons for the manipulation of the markets by whispers and insider information in order to change the psychology of the people, especially the members of the G20 for their meeting in April? Is that behind all of the urgent telephone calls and (…) -
Canadian Activists and Lawyers United for Justice: Canadians must bar or prosecute Bush
13 March 2009Canadian Activists and Lawyers United for Justice:
Canada must bar or prosecute Bush for torture, and mass murder. For he is a war criminal who lied that Saddam wouldn’t let our inspectors in. And, with Cheney, closed 911 FBI investigations before we were finished nabbing the actual suspects for mass murder - that’s a no-no where we’re from. See? I’m a strict Constitutionalist.
Canada must bar or prosecute Bush for torture (…) -
Al-Bashir Indictment: The ICC is Hypocritical
13 March 2009by Amengeo Amengeo
On Wednesday March 3, 2009, the International Criminal Court issued an arrest warrant for Omar Hassan al - Bashir, the President of Sudan, Africa’s largest country. This in itself is not amazing given the zeal and selectivity with which the West has pursued and dragged Africans to court on various charges of genocide, recruiting child soldiers and rape, among others. What is amazing, however, is the timidity with which African leaders have accepted this wholesale (…)