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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (20050)7/6/2007 11:55:45 AM
From: elmatador  Read Replies (1) | Respond to of 219585
 
GALLUP: 7 in 10 Americans Say Economy Is 'Getting Worse'. For candidates to think on how to capitalize:

"...the most pressing financial problems their family faces today, Americans mention healthcare costs, lack of money or low wages, and oil and gas prices," Gallup reports. "Healthcare costs are mentioned by 16% of Americans while 13% say low wages and 11% say oil and gas prices. These percentages are virtually unchanged from last month."

editorandpublisher.com

As you can see deflationary goods are widely available. Food and education prices not issues.

The gas prices is one area that needs attention from the 'politicos'



To: TobagoJack who wrote (20050)7/6/2007 4:15:34 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 219585
 
Goldman Sachs targeted with death threats
Hand-written letters say hundreds will die; bank believes threat isn't credible.
By CNN's Katy Byron
July 6 2007: 3:21 PM EDT

NEW YORK (CNN) -- The FBI is investigating letters sent to newspapers nationwide that say "Goldman Sachs. Hundreds will die. We are inside. You cannot stop us," the bureau said Friday, but government and company officials are downplaying the threat.

U.S. Postal Inspection Service said the letters were sent to 20 small to mid-size newspapers, including publications in Indiana, Texas, Idaho, Tennessee and New Jersey.

Letters containing apparent threats to investment bank Goldman Sachs were sent to nine newspapers, the FBI said.
"We take these things very seriously," said FBI spokesman Bill Carter.

But he added, "We have no specific and credible information about a credible threat to Goldman Sachs other than these letters."

And Goldman spokesman Lucas Van Praag told CNN an FBI analysis has "concluded the threat is extraordinarily incredible," meaning the threat lacks credibility. The investment firm has been in close contact with the FBI on the issue since late June, he said.

The threat is unique in terms of specifically targeting Goldman employees, Van Praag added. A year ago, he said, there were threats against a number of U.S. banks.

"We have a broad range of security measures in place to counter all likely threats and we're monitoring the situation closely," a written statement from the bank reads.

The FBI does not yet know who mailed the letters, which were signed "A.Q.U.S.A.," FBI sources told CNN.

Authorities are working with Goldman Sachs (up $2.46 to $223.78, Charts, Fortune 500) to identify possible suspects, including disgruntled former or current employees or angry investment clients, Postal Inspection Service spokesperson Tom Boyle told CNN.

"Goldman has been very cooperative," he added.

All Goldman Sachs America employees received an e-mail just before 9 a.m. ET Friday from the company's Office of Global Security that said: "The firm is aware that a number of local newspapers in a few places in the U.S. have received anon[ymous] letters threatening the firm. We take any threat to the safety of our people and our business very seriously."

But it added, "We do not view this situation as a cause for concern."

The letters were postmarked on June 27 and mailed from the Queens borough of New York. Each letter was handwritten in red ink on loose-leaf paper, according to Boyle.

"There's potential for a lot of evidence," Boyle told CNN. "There's potential for DNA from the paper itself, the envelopes. They can get a lot of evidence from one piece of paper, you'd be surprised."

Blackstone buying Hilton in $26B deal
Papers that have received the letter include the Fort Wayne (Indiana) Journal Gazette, the New Jersey Star-Ledger, the Idaho Statesman , the Caller-Times of Corpus Christi, Texas, and the Knoxville News Sentinel in Tennessee.

Asked if investigators have an idea on why the letters were mailed to those newspapers, Boyle said, "We're trying to figure it out ourselves. ... Usually you'd think they would send it to the New York Times or L.A. Times."

Calls to New York and New Jersey FBI officials were not returned Friday.

Goldman Sachs, one of the world's top investment banks, had tight security even before 9/11, and hardened its offices even more after the World Trade Center attacks.

The bank has offices in 46 cities around the globe staffed by about 28,000 employees worldwide. About 9,000 work in New York City with another 3,000 in New Jersey.



To: TobagoJack who wrote (20050)7/6/2007 5:04:59 PM
From: Maurice Winn  Read Replies (1) | Respond to of 219585
 
TJ, an opportunity for you to make a lot of money. NZ$ overvalued by 78% according to the Big Mac index. Except that The Economist got their arithmetic wrong: nbr.co.nz

But it does seem to be overvalued at US78c when it should be more like US40c.

New Zealand houses are now more expensive than American though our GDP per capita is about half the USA and our debts are much more than American.

There is a lot of fun going to happen in New Zealand. We had that 20 years ago in 1987 in a Big Bust which made the overseas crashes of the time look trivial. NZ had discovered financial deregulation and went nuts on debt and speculation in stock markets.

Now, people have discovered debt and speculation in housing. New Zealand has the world's highest interest rates [OECD rates not Zimbabwe rates].

Mqurice