Back

In a new book, the former Federal Reserve chairman reveals who were the smartest presidents he worked with and where some administrations have gone wrong.

By Daniel Okrent

With the first George Bush, Greenspan had what he calls a "terrible relationship."

He faults the administration of Bush II for a 璬ecision-making process driven entirely by political calculation.

Good Post Bad Post

16-Sep-2007 15:54

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

P. bush is up against Greenspan, his party where his is belong with comment like "Bush and Republicans deserved to lose". Another Mahati in making...., perhap Bush did not take his 18 years policies effort in his book. Is all about $$$ and power.

Since retired early 2006 after 18 years as FED chief, he now run a private consulting firm; and his ONLY formal public role is adviser to British PM Gordon Brown...

(He spoken on know past history on past six presidents he served and predict future like god of fortune). He is getting old and his book has 531 pages to recount, while in office for 18 solid years. I can recall he is the oni one to speak then,..hmm..those day where everyone listen to him.

Greenspan speaks

12:34pm: Former Federal Reserve chairman reveals who were the smartest presidents he worked with and where some administrations have gone wrong. From Fortune Magazine. (more)

Good Post Bad Post

15-Sep-2007 16:01

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Trade within mean on condition prevail..., Previous post indicated send successful and was not posted here some how.

Good Post Bad Post

15-Sep-2007 10:52

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Sub-prime loan meltdown in the US still unfolding......effecting Bank of England (BOE) to rescue a leading mortgage leader..Northern Rock, which had more then S$303 billion is assets. (almost 2.5 times it assets compare to Temasek holdings)

Note: that it has no exposure to sub-prime loans, it proved very vulnerable to liquidity squeeze. The bail out is likely to make it hard for North Rock to remain independent in the long term which grew from its root as a building society to become the most efficient mortgage leader in UK

Good Post Bad Post

15-Sep-2007 10:37

Others / Runaway Penny Stocks

Go to Message

x 0

Don't wait for the run up this day...and don't expect too much to it over the roof, make some $ and leave $ some for other.

Good Post Bad Post

15-Sep-2007 10:32

Thomson Medical / Booming Industry - Enviromental & Energy Stocks

Go to Message

x 0

Very likely this deal is going.........end of it is about 15cents at best.

Good Post Bad Post

15-Sep-2007 10:26

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

STI closed on profit taking... Smiley

Volume: 1,871.7 million (very low and cautious mode)

Straits Times	3,536.40	+32.00	+0.91%

Good Post Bad Post

15-Sep-2007 10:14

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Special report:
Eyes on the Fed	Full coverage

The Fed's unkindest cut?

Wall St. is certain the Fed will cut rates to ease the pain of the credit crunch. But how will investors react if Bernanke & Co. cut by just a quarter of a point?

By Paul R. La Monica, CNNMoney.com editor at large

September 14 2007: 1:07 PM EDT

NEW YORK (CNNMoney.com) -- The Federal Reserve is going to cut the target on a key short-term interest rate on September 18. There is no mystery about that.

According to futures on the Chicago Board of Trade, the market is pricing in a 100 percent chance of a cut to the federal funds rate, an overnight bank lending rate that heavily impacts how much interest consumers pay on their credit card debt, home equity lines of credit and car loans.

The fact that the Fed already cut its discount rate, which is what banks pay to borrow money fromthe central bank, in a surprise move on August 17, coupled with remarks from Fed members in thepast few weeks about how closely they are monitoring the mortgage meltdown that is roiling the markets, makes it a virtual lock that Ben Bernanke and Co. will lower the fed funds rate on Tuesday.

Fed can't stop recession

Still, there is a fair amount of intrigue surrounding the September 18 meeting. Specifically, investors are unsure about how much the Fed will lower interest rates.

The Fed cut the discount rate by a half of a percentage point, from 6.25 percent to 5.75 percent, on August 17, leading many market observers to speculate that the Fed would also lower the fed funds rate by a half of a percentage point on September 18.

To that end, as of September 14, investors were factoring in a 58 percent chance that the Fed will cut the fed funds rate by 50 basis points, or half of a percentage point, to 4.75 percent, on Tuesday.

But hopes appear to be diminishing somewhat for a big rate cut. Investors had been pricing in a 74 percent chance of a 50 basis point rate cut on September 12.

Still, what will happen if the central bank only lowers interest rates by a quarter of a percentage point? Fed watchers said it all depends on what the Fed says in its statement.

DOW manage to closed just above +ve.... Smiley

DOW

+17.64

13,442.52

+0.13%

NASDAQ

+1.12

2,602.18

+0.04%

S & P 500

+0.30

1,484.25

+0.02%

Good Post Bad Post

13-Sep-2007 23:07

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Auntie sam will survive, Dragon will fly and the Russian bear will be tame, let the bull run and creater will arrive. The year 2008 will declare Northern Eastern Asia is free of new clear weapon. MS Harry cliton wil be elect as US presendent, oni conventional tribal war will be fought in Persian where ppl's is unable to break free from d pass history garbage, while the world will have to be contented with more sickness, more earth quake, fire and natural disaster, like flooding freak weather, unusual reddish red tide, bird flu, plus, ++ alot more.

Good Post Bad Post

13-Sep-2007 22:43

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

DOW Jump, oil price jump, 2moro STI jump, oil comsumer stk shock

DOW

+130.14

13,421.79

+0.98%

NASDAQ

+7.51

2,599.58

+0.29%

S & P 500

+11.63

1,483.19

+0.79%

BREAKING NEWS	Oil touches record $80.20 a barrel amid new storm concerns. Details soon.

Dow jumps, Nasdaq drifts 10:10am: Blue-chip average rises on GM upgrade, McDonald's dividend boost; broader market struggles on worries about record high oil prices, falling dollar. (more)
Why the credit crunch may deepen 10:19am: With the $2 trillion commercial paper

Good Post Bad Post

12-Sep-2007 07:27

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

DOW

+180.54

13,308.39

+1.38%

NASDAQ

+38.36

2,597.47

+1.50%

S & P 500

+19.79

1,471.49

+1.36%

Big rally on Wall Street. Not so Big rally on STI.

Good Post Bad Post

11-Sep-2007 21:41

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

STI is going green tomorro 12-89-2007.

9:37:07 AM ET 09/11/2007

DOW

+63.16

13,191.01

+0.48%

NASDAQ

+14.29

2,573.40

+0.56%

S & P 500

+6.23

1,457.93

+0.43%

LIVE QUOTES: On/Off

Wall Street waits on Bernanke

8:46am: Futures higher as investors hope upcoming speech from Fed chairman reaffirms likelihood for rate cut while dismissing recession risk; trade gap narrows in July. (more)

? Check stock futures and overseas markets

Good Post Bad Post

11-Sep-2007 19:23

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Mkt closed for the day...

City

Index

Last

Change

Bangkok

SET

801.54

4.69

Hong Kong

HSI

23952.24

-47.46

Jakarta

JSE C

2211.413

1.771

KLSE C

1286.33

-4.37

Manila

PSE

3267.97

-13.11

Mumbai

Sensex

15542.77

-54.06

Seoul

KSE C

1847.36

11.49

Shanghai

S'ghai C

5113.968

-241.319

Singapore

STI

3494.57

52.7

Sydney

All Ord

6248.6

39.

Taipei

Taiwan

9003.12

65.54

Tokyo

Nikkei

15877.67

112.7

W'lington

NZSX-50

4160.156

17.262

Good Post Bad Post

First < Newer 11441-11460 of 15801 Older> Last

ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.