Viewing entries tagged DSK
It looks like Congress is going to squeeze out some kind of phony debt compromise that is only kicking the can, with a lot of Cancan theatrics. Ron Paul summarized it pretty well. More smoke and mirrors. That will leave Washington exposed...
Tags: banks, Britain, Collapse Consciously, congress, DSK, europe, Fox News, Geithner, Reflections on Collapse, Ron Paul, Rupert Murdoch
Head of Scotland Yard, Paul Stephenson, Resigns in Phone Hacking Scandal
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Tags: DSK, England, news, News International, NewsCorp, Paul Stephenson, phone tapping, Rebekah Brooks, Rupert Murdoch, Scotland Yard, UK
Rebecca Brooks News International CEO Arrested Over Phone Hacking Scandal
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Dow Jones Chief Resigns in Phone Hacking Scandal
[photo: marketwatch.com]
This is really getting juicy. The CEO of Dow Jones -- a former Murdoch/Newscorp exectuive has just quit as the swarm continues against Murdoch. This is all far from over and we're seeing how the powers that be connect. I'm really sensing that this is fallout from the move against DSK. Though we haven't seen all of that connect yet I am now remembering how much hacked phone calls and records played a role in DSK's case. More is being revealed and we can take justified satisfaction in seeing that the bad guys can fall too. There is a balancing that is just beginning and it won't be all bad for us. We just hope they keep fighting... and falling. -- MCR
The heavens are raining fire on Rupert Murdoch. The entire British government is after him and now the FBI has opened an investigation into whether News Corp (Fox) staff illegally eavesdropped on 9-11 victims.
This is the financial equivalent of the parting of the Red Sea. Actual default is being recommended by the EU. Bondholders can take a hit, and the impact on all bonds for every nation will be dramatic. Once that door is opened there will be a lot of "disorder" following. There is no doubt that DSK's resurgence and the fall from grace of the French plan have had some bearing on these developments. DSK was the guy who favored haircuts. Let's hope the fight between the factions gets nastier so we can learn more.
Overnight Europe has turned inside out. The EU will let Greece default. Let me remind everyone that every major world economy and Central Bank holds Greek debt, as well as the debt of every other EU member.
As DSK's Star Is Rising, Is Lagarde's About To Set? French Court To Decide Whether To Open Against Brand New IMF Head
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The game at the highest stakes table – the table where decisions are being made deciding the fate of billions – is about to lose a player. One way or another, the battle over the guilt or innocence of Dominique Strauss-Kahn will eliminate one of the major factions governing the Infinite-Growth Paradigm. TPTB are being culled...
Tags: Austerity, Bailouts, banks, Dollar, DSK, economy, europe, France, fraud, greece, imf, protests, US Dollar