Economy

Fannie Mae and Freddie Mac: mortgage giants delisted from NYSE

Posted by Jay     Tags: 20 July, 2010    491 views    Comments Off

Fannie Mae and Freddie Mac have been delisted from the New York Stock exchange as their shares fell too below the minimum requirement of the exchange. Freddie Mac’s common stock, now unlisted, will trade under the symbol “FMCC.” Investors will be able to trade Freddie Mac’s 20 classes of preferred stock. Fannie Mae’s common stock will trade under the symbol “FNMA.” Its preferred shares also will be listed. As is known NYSE rules require a company to Read Full Article (Click here)...

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It Is Now Mathematically Impossible To Pay Off The U.S. National Debt.

Posted by Jay     Tags: 5 February, 2010    1,280 views    (0) Comment

Just I found this post is very interesting, I am sharing with the you. This is not my article, but the credit goes to theeconomiccollapseblog.com. A lot of people are very upset about the rapidly increasing U.S. national debt these days and they are demanding a solution. What they don’t realize is that there simply is not a solution under the current U.S. financial system. It is now mathematically impossible for the U.S. government to pay off the U.S. national debt. You see, the truth Read Full Article (Click here)...

Categories : Economy, Finance Tags :

Industrial and Commercial Bank of China Limited (ICBC),China-based commercial bank,Ranks First as the Largest Bank in the World by Market Capitalization

Posted by Jay     Tags: 16 January, 2010    2,254 views    (0) Comment

As of December 31, 2009, ICBC has a market capitalization of USD 268.982 billion, the largest among all the banks in the world and USD 70 billion more than the second bank in the ranking. Meanwhile, ICBC moved up to the fourth place in the worldwide ranking of publicly traded companies in terms of market capitalization. Beginning from 2009, ICBC has weathered all the negative impacts brought by the global financial crisis and maintained the momentum. Business was steady, risk under Read Full Article (Click here)...

Categories : Corporate, Economy, You Know Tags :

Ultracheap Nano, from India costs $8,000, could come to US

Posted by Jay     Tags: , , 15 January, 2010    2,518 views    (3) Comment

DETROIT (AP) — The world’s cheapest car is being readied for sale in the U.S., but by the time India’s Tata Nano is retrofitted to meet emissions and safety standards, it won’t be that cheap. Tata Technologies Ltd., the global engineering arm of the Tata group conglomerate, brought the tiny car to Detroit as a publicity stunt for the engineering group. You can see all the description and details Read Full Article (Click here)...

Categories : Corporate, Economy Tags : , ,

ThanksGiving Sale Advertisement – 20 Companies downloadable PDF & ZIP files.

Posted by Jay     Tags: 17 November, 2009    2,003 views    Comments Off

======================================== Black Friday Store Ads 2009 (ZIP format) ======================================== Download Best_buy_2009.zip Download Officemax_2009_rumor.zip Download Craft_warehouse_2009.zip Download Gander_mountain_2009.zip Download Kmart_2009.zip Download Ace_hardware_2009.zip Download Home_depot_2009.zip Download Kohls_2009.zip Download Jcpenney_2009.zip Download Harbor_freight_2009.zip Download Read Full Article (Click here)...

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