Eat the Rich: Investment Banks Can’t Afford to Bail Out Wealthy Clients
By Heidi N. Moore – Wall Street Journal (22 Aug 2008)

A Few Speculators Dominate Vast Market for Oil Trading
By David Cho – Washington Post (21 Aug 2008)

Pennsylvania School Repays JPMorgan Sevenfold in Bet
By William Selway – Bloomberg.com (21 Aug 2008)














Boom and Bust
Markets become unstable when traders follow the herd

Lehman’s Secret Talks to Sell 50% Stake Stall
By Henny Sender & Francesco Guerrera – Financial Times (21 Aug 2008)

Bank Borrowing From ECB is Out of Control
By Ambrose Evans-Pritchard – London Telegraph (21 Aug 2008)

U.S. Food Prices Seen Rising Most Since 1990
By Christopher Doering – Reuters (20 Aug 2008)

The Great American Yard Sale
By Jeff Israel & William Boston – Time Magazine (14 Aug 2008)

Sharp Contraction in Money Supply Points to Wall Street Crunch
By Ambrose Evans-Pritchard – London Telegraph (19 Apr 2008)

Soros Buy Puts Shine on Lehman Shares
By Greg Morcroft – MarketWatch (15 Aug 2008)

The Race to The Bottom Has Begun
By Ambrose Evans-Pritchard – London Telegraph (18 Aug 2008)

Goldman Reverses Course, Says Dollar Has ‘Bottomed’
By Ye Zie – Bloomberg.com (14 Aug 2008)

The Great Variety of Poor Rich People
By Richard Daughty – The Daily Reckoning (14 Aug 2008)

Better Mexican Economy Has Immigrants Returning in Droves
A Video at Breitbart.tv

European Central Bank Intervention is Out in The Open
By Jim Sinclair – JSMineset.com (13 Aug 2008)

Halliburton’s Hidden Treuhand
By Shelley Stark – truthout.org (11 Aug 2008)

Wall Street Losses Cut Tax Bill, Sap New York Revenue
By Henry Goldman & David Mildenberg – Bloomberg.com (12 Aug 2008)

Most Companies in U.S. Avoid Federal Income Taxes
By Jennifer C. Kerr – Associated Press (12 Aug 2008)

Fed Holds First Auction For 84-day Loans
By Martin Crutsinger – Associated Press (14 Aug 2008)

Britain Falls Into Negative Real Interest Rates
By Edmund Conway – London Telegraph (12 Aug 2008)

Similar Posts

4 Comments

  1. I believe the most important story in the energy world is the surpression of energy technology, not peak oil. As to peak oil, I do not know what is true. I have great respect for Norman, who sounds skeptical.

    I strongly recommend energy self sufficiency for those who can take the time and resources to figure it out and do it. Whether peak oil is true or not, being dependent on centralized systems that are this untrustworthy seems like a poor idea to me,

  2. Yes, it helps.

    But then do you subscribe to Peak Oil? If so, then it seems plausible that speculation in the oil markets are a symptom and not a cause of high oil prices. Of course, I know there are other contributing factors, like the falling dollar.

    With respect to other energy sources, I’ve read a good deal and also believe that manipulation might be at play in oil and gas. Recently, Carolyn Baker sent and article in which the author highlights the early 1900’s suppression of hemp and it’s possible use in Ford’s first cars, not to mention an abundance of other every day energy uses. And even a cursory look at Nicola Tesla’s work evokes questions about the current oil situation.

    I look forward to your review of Jim’s book.

    James

  3. James:

    I posted it as I believe that the oil market is the most manipulated in the world and little understood. Hence, I find discussion on that topic of interest.

    I am reading Jim Norman’s new book, The Oil Card: Economic Warfare in the 21st Century and hope to do a review of it on the blog in September.

    Hope that helps explain,

    Catherine

  4. Carolyn =

    I just read the article you have posted, “A Few Speculators Dominate Vast Market for Oil Trading.” And I actively read your site regularly attempting to absorb what is notably a wealth of information worthy of research and study. However, there are occasions in which I am not fully aware of your position on a particular issue as it relates to a particular article. For example, with respect to the article I’ve noted in this post, does that fact that you are posting it suggest that you support the idea of oil speculators? Or are you just posting it to ensure readers are presented with authentic balanced views on issues?

    I suppose you can’t comment on every article you post, but I would find incredibly useful if you could state your position on those articles (issues) which might be controversial to the extent that your personal perspectives could be misunderstood or just not known at all.

    Best,
    James

Comments are closed.