Could anything make Wall Street’s shenanigans even slightly more palatable? Probably not. But what if you could mix it up with a little funk and sex?

Naomi Klein, author of the “Shock Doctrine”, squares off with Stephen Colbert on disaster capitalism.

A short video showing how the sub prime mortgage system WORKS?

www.EmploymentCrossing.com Connecticut-based General Electric has reduced its annual profit forecast for the second time this year. The $116 billion dollar conglomerate also suspended its stock buyback,   more...as the Wall Street meltdown hurt the company’s finance arm. Full-year earnings will be $1.95 to $2.10 a share instead of the earlier projection of $2.20 to $2.30, GE said in a statement. Chief Executive Officer Jeffrey Immelt said today's steps will bolster the consumer and commercial finance units known collectively as GE Capital, which accounted for more than half of the conglomerate’s profits last year, and allow GE to maintain its dividend and top- level AAA credit rating. Immelt first cut his annual profit forecast April 11, triggering the stock's biggest one-day decline since 1987. GE has lost about a third of its value this year. GE is working to ensure that industrial businesses deliver 60 percent of earnings by the end of 2009, reducing its reliance on finance. GE is a multinational American technology and services conglomerate incorporated in the State of New York. It is the world's sixth largest company.  less

Sen. Bernie Sanders, Robert Scheer and Dean Baker on the Proposed $700 Billion Bailout of Wall Street, the Largest Government Bailout of Private Industry in US History, Farnaz Fassihi on "Waiting   more...for an Ordinary Day: The Unraveling of Life in Iraq"  less

http://www.EmploymentCrossing.com Fallout from the recent collapse by some of the nation’s largest financial institutions, will not only affect those working now, but is could plague those looking to   more...work for a future. News of the plight of Merrill Lynch, Lehman Brothers, and AIG, hit home for those in business school, preparing for careers in the financial sector. 11,000 jobs have been lost on Wall Street this year, and the latest events will only bring on more. Hiring is projected to be down 50% among financial institutions, and the job market will be very competitive to say the least. With companies scaling back on labor, recruitment efforts have dropped off, as little growth is on the horizon. So how are those exiting academia supposed to start on a career? Answers for some may be obvious. It will take time of course. Wall Street has to reorganize, and those in school must be patient looking for work. Some may not want to look on Wall Street, and opt for corporate finance, which is a safer option. At this time, students should strategize and plan out their careers. Meanwhile, schools are reporting increases in enrollment in MBA programs. Which is a good idea, since it allows students to learn as much as they can and wait out the situation. That is…if they have the time.  less

race in the race

http://www.stockpicksguide.com Using dynamic stock content gathered by Marl, and analyzing the data, they could give advice on stock picks. They were comfortable in their decision to pick Penny stocks   more...because of the known volatility. Those times the stock climate is, just right, Penny stocks can soar upward in value by as much as 400% in a short time.  less

Market-Ability addresses the newest form of marketing and how it's enterting society, as well as how people can benefit from it.

Halloween is past us but the nightmare on Wall Street Continues. Recent analysis from the Royal Bank of Scotland (RBS) reveals that Wall Street may be forced to write-off as much as US$100 billion before   more...the year ends.  less

I received this heads up from brasscheck and I actually learned more about how Wall Street does its business especially about sub-prime loans from watching this so check it out!

nothing

Michael Douglas discusses playing Gordon Gekko (on A&E Private Sessions). Catsessionsch the rest on Sunday 9/16 at 9am on A&E.

All about Greed.

'CAPITALISM: A LOVE STORY' - In Theaters October 2nd

"It's a crime story. But it's also a war story about class warfare. And a vampire movie, with the upper 1 percent feeding off the rest of us. And,   more...of course, it's also a love story. Only it's about an abusive relationship.

"It's not about an individual, like Roger Smith, or a corporation, or even an issue, like health care. This is the big enchilada. This is about the thing that dominates all our lives — the economy. I made this movie as if it was going to be the last movie I was allowed to make.

"It's a comedy." — Michael Moore  less

Discussion about the 'credit crisis' of '07 and "bailout of '08". (bail out my butt, We ~ the People got Robbed...)

Here are some great books I read,. so please send me you're good books also! "I love to read!

How today's global financial crisis happened, and what to do about It.Learn how massive consumption and over spending fueled by a property boom has brought the world economy to its knees. On average,   more...fifty lenders a month were going bust-and the people responsible for the crisis included not just unregulated loan brokers andcon artists, but also investment bankers and home loan institutions traditionally perceived as completely trustworthy.David Jenyns provides his commentary on the whole financial credit crisis.Watch the complete presentation here: http://www.davidjenyns.com  less

http://www.davidjenyns.comIn the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust-and the people responsible for   more...the crisis included not just unregulated loan brokers andcon artists, but also investment bankers and home loan institutions traditionally perceived as completely trustworthy.Listen as David Jenyns provides his commentary on the whole financial credit crisis.Watch the complete presentation here: http://www.davidjenyns.com  less

http://www.voicesofobama.com America is in a financial meltdown with Wall Street in crisis and talk of bailouts. What matters to you? We’ll pass the message on. Vote Obama for President, for Change

http://www.voicesofobama.com America is in a financial meltdown with Wall Street in crisis and talk of bailouts. What matters to you? We’ll pass the message on. Vote Obama for President, for Change

http://www.voicesofobama.com America is in a financial meltdown with Wall Street in crisis and talk of bailouts. What matters to you? We’ll pass the message on. Vote Obama for President, for Change

Nobel Laureate Joseph Stiglitz: Bail Out Wall Street Now, Change Terms Later. No Debate: How the Republican and Democratic Parties Secretly Control the Presidential Debates. "The Age of the Warrior":   more...Robert Fisk on the US Elections, Iraq, Pakistan, Afghanistan and Israel-Palestine.  less

www.EmploymentCrossing.com President George W. Bush has asked Congress for the authority to spend as much as $700 billion dollars to purchase troubled mortgage assets in the hope of containing the current   more...global financial crisis. "It is a big package because it's a big problem," Bush told reporters at a news conference. "The risk of doing nothing far outweighs the risk of the package." Treasury Secretary Henry Paulson, lawmakers and their aides are expected to work through the weekend in an effort to craft a bill swiftly. Democratic leaders on Capitol Hill said they expect the bill to go before a vote within days. Some commentators are worried that such a sweeping piece of legislation, that could fundamentally change how the American economy works, may be passed without full debate and consideration. But Paulson and other officials believe that the lack of easy credit between banks and other financial institutions threatens to inflict serious damage on the economy if not addressed immediately. "This program is intended to fundamentally and comprehensively address the root cause of our financial system's stresses," according to a statement released by the Treasury. The plan is for the government to buy the securities at a discount, hold onto them and then sell them for a profit. The administration's proposal also requests that Congress authorize an increase to the nation's debt ceiling. Currently set for $10.6 trillion in 2009, the proposal requests the limit be increased to $11.3 trillion to allow for the purchases of mortgage-backed assets.  less