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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (44840)6/21/2013 7:34:10 AM
From: SwampDogg  Read Replies (1) | Respond to of 48092
 
<<3% is 33.3 times leverage that can wipe out a bank in a heart beat>>

On paper it already has
Just don't mark to market any more

Just yesterday BOE says banks there need about $40B of equity and that is just to get them back to that low level



To: Wade who wrote (44840)6/21/2013 11:14:09 AM
From: Wade  Respond to of 48092
 
MASS LAYOFFS -- MAY 2013 Employers took 1,301 mass layoff actions in May involving 127,821 workers as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported today. (Data are seasonally adjusted.) Each mass layoff involved at least 50 workers from a single employer. Mass layoff events increased by 102 from April, and the number of associated initial claims increased by 10,972. In May, 276 mass layoff events occurred in the manufacturing sector resulting in 33,527 initial claims. Monthly mass layoff events are identified using administrative data sources without regard to layoff duration. (See table 1 and the note at the end of this release.)

Mass Layoffs Data Discontinued

On March 1, 2013, President Obama ordered into effect the across-the- | | board spending cuts (commonly referred to as sequestration) required | | by the Balanced Budget and Emergency Deficit Control Act, as amended. | | Under the order, the Bureau of Labor Statistics (BLS) must cut its | | current budget by more than $30 million, 5 percent of the current 2013 | | appropriation, by September 30, 2013. In order to help achieve these | | savings and protect core programs, the BLS will eliminate two | | programs, including Mass Layoff Statistics, and all "measuring green | | jobs" products. This news release is the final publication of monthly | | mass layoff survey data. | -----------------------------------------------------

bls.gov

Run out of place to hide the truth or just can't handle the truth any more?