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Well-known economist Nouriel Roubini, one of the few experts to foresee the current global crisis, said Tuesday a recent "suckers rally" in stock markets would fade as the U.S. economy continues to wither and the financial system suffers unexpected shocks.
Originally posted by spinkyboo
LAYOFF DAILY
Mon 4-20-2009
Brown-Forman -250
Bosch in South Carolina -225
Indiana Historical Society -7
Legg Mason -40
DSM Chemicals -80
MassMutual -65
GM -1,600
San Fran Newspaper Drivers -90
iLevel -66
Tele Atlas -140
Dassault Falcon -25
Hinkley Yachts -26
Georgia-Pacific -39
99 Cents Only Stores -308
Screen Actors Guild -35
Park Nicollet Health -233
UPDATE - from yesterday -
TOTAL - 3,229
Tue 4-21-2009
Also this from today - from editor of LAYOFF DAILY
Editor is burned-out and taking a break.
Stay tuned.
and - on a lighter note....
Strip Club Has Topless Job Fair
www.msnbc.msn.com...
[edit on 21-4-2009 by spinkyboo]
Originally posted by stander
The Dow dumped some 290 points to observe Adolf Hitler's 120th birthday, but the interrupted rally will resume tomorrow fueled by the good news from spinkyboo.
Originally posted by marg6043
How the Tarp money was never to help the tax payer but was the loophold that big financial institutions needed to create fraud against the tax payer.
All with the blessing of our own politicians that voted for it.
Americans are increasingly exposed to losses, and the government is more vulnerable to fraud, under initiatives that have created a federal bank bailout program of "unprecedented scope," a government report finds.
www.cnbc.com...
Well at least we here knew the truth intentions of this against the tax payer discriminated and unconstitutional bill that was pushed upon the hard working tax payer backs by our our pay off politicians.
Originally posted by marg6043
Your are just kidding right?
Originally posted by stander
Originally posted by marg6043
Your are just kidding right?
To tell you the honest truth, it maybe a rumour. I didn't see the secret memo from Warren Buffet to the investors that subscribe to him. It allegedly mentions spinkyboo's list to go by.
Look, the Dow lost 290 points yesterday. Then, spinkyboo cuts his list short and the sell off doesn't continue. That's strange, ain't it?
Tell you what. I'll take a look at the latest spinkyboo's list and let you know ahead what the market will do tomorrow. If the market finishes elsewhere, then the Warren Buffet memo was just a rumour with no substance to it.
More at Link...
UPDATE 2-ECB's Weber - No signs of economic green shoots
www.reuters.com...
LONDON, April 22 (Reuters) - Europe's economy declined more than expected in the first three months of the year and there are no clear signs of recovery yet, ECB Governing Council member and head of the German Bundesbank Axel Weber said.
In an interview with the Financial Times newspaper on Wednesday, he said he expected downward pressure on the economy to slow, helped by two "pretty good" months for the banking industry in January and February.
On European interest rates, he added to the stream of hints from ECB policymakers that the ECB will cut rates to 1 percent from 1.25 percent next month and that they should then go no lower.
Originally posted by theWCH
No Lay-off Daily?
How on Earth are the information junkies going to get through this Depression NOW???
Seriously, though, that site must be a lot of work; and presumably, it's not his/her's full time job. Hope that editor didn't have a serious breakdown...those suck.