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Originally posted by redhatty
It's official, the FDIC is bankrupt
Originally posted by RetinoidReceptor
Author of Rich Dad Poor Dad wrote that the markets are being manipulated:
EDITED 4 STANDER
[edit on 24-8-2009 by RetinoidReceptor]
Redbook: US Retail Sales -0.7% First 3 Wks Aug Vs July
NEW YORK (Dow Jones)--National chain store sales fell 0.7% in the first three weeks of August versus the previous month, according to Redbook Research's latest indicator of national retail sales released Tuesday.
The fall in the index was compared to a targeted 0.6% drop.
The Johnson Redbook Index also showed seasonally adjusted sales in the period were down 4.4% compared with August 2008, compared to a targeted 4.3% fall. The latest numbers don't include Wal-Mart Stores Inc. (WMT), which said in May it would no longer provide monthly sales figures.
Redbook noted that some retailers believe shoppers taking advantage of the government's "Cash for Clunkers" program before Monday's expiration resulted in consumers postponing or cutting back on back-to-school spending. "Apparel retailers, in particular, are off to a sluggish start and are already beginning to aggressively cut prices," it added.
-By Kevin Kingsbury, Dow Jones Newswires; 212-416-2354; firstname.lastname@example.org
U.S. securities regulators are examining weekly meetings at Goldman Sachs Group, where research analysts offer tips to traders and then to big clients, the Wall Street Journal reported on its website.