Financial crisis spreads like sexually transmitted diseases

In a sorry but telling way the world-wide financial crisis reads like the investigative side of AIDS and sexually transmitted desease clinics. “…the latest Canadian life insurer to detail its exposure to troubled U.S. financial-services companies…” and other news reports are interesting. Today we see news reports stating “We have no exposure to Lehman…” but …

Discover root of subprime like many heads of Hydra

While the song and dance of mortgage blues and tainted paper certainly is not good for the United States, it is not good for other countries either. The true scale of the jobs disaster facing Britain is revealed today as experts issue dire warnings that up to half a million workers will lose their jobs …