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US Economy: Bernanke’s Testimony at the Senate Banking Committee Day 1: No QE3 right now.

Posted on July 17, 2012 by zyakaira

Read my Lips. We are the US regulator. We cannot regulate LIBOR which is run by the British. A flabbergasted Ben Bernanke would have probably used those words at home or at his favorite College when delivering a lecture on…

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Posted in Amitonomics, Bailout Nation, Banking, European Sovereign Debt crisis, housing, Retail Lifestyle, TARP, US

We are sorry we were wrong about JP Morgan | Banking insight

Posted on June 28, 2012 by zyakaira

JP Morgan has finally done it. It seems the bank has fessed up to the CIO office strategy responsible for only 5% of the earnings of the company to wipe out its possible earnings for the quarter. The bank reported…

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Posted in Amitonomics, Bailout Nation, Banking, European Sovereign Debt crisis, US

US Economy: So much to do so little time, data…remains the same!

Posted on June 19, 2012 by zyakaira

Folks had so much information to share with fellow Americans and global investors /analysts  and digital entrepreneurs there was almost no time to get despondent off any of the blanks of data being thrown. A fresh edition of the JOLTS…

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Posted in Amitonomics, Bailout Nation, Banking, European Sovereign Debt crisis, US

J P Morgan defends to Richard Shelby at the Senate Banking Committee

Posted on May 22, 2012 by zyakaira

JP Morgan probably is still looking for a line in the sand regulators won’t cross as SEC chair Mary Shapiro testified today that they are reviewing JP Morgan’s Financials again at the Financials and Risk submissions made by JP Morgan…

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Posted in Banking, US