Germany Declares Greek Bankruptcy

As the turmoil surrounding the Greek bailout continues both in the halls of the Greek legislature and in the streets, Germany is preparing plans for a Greek bankruptcy and their subsequent departure from the Euro zone.  Even as European finance … Continue reading →

Bank of America Fee Increase … Who’s to Blame?

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I hate to say, “I told you so,” but on June 10, I wrote a post entitled The Seen and Unseen on this blog, writing, “but [banks] are not going to sit idly by and explain to shareholders that they lost … Continue reading →

European Debt Woes Continue Due to Toxic Greek Debt

Investors are bracing for another tough week in international financial markets after a weekend fraught with new indicators that the European Debt Crisis is far from over.  It seems that not a week goes by without some new mini-crisis on … Continue reading →

Market Confidence Plummets Under Obama

On Tuesday, the Conference Board published the findings from its latest industry consumer confidence survey and the results were far from encouraging.  In August, consumer confidence dropped to its lowest level since the financial meltdown, plummeting 15 points to a record low … Continue reading →