US faces global funding crisis, warns Merrill Lynch

The US Treasury is running out of time before foreign patience snaps, writes Ambrose Evans-Pritchard Merrill Lynch has warned that the United States could face a foreign “financing crisis” within months as the full consequences of the Fannie Mae and Freddie Mac mortgage debacle spread through the world. The country depends on Asian, Russian and […]

Banksters Gone Wild

John Key anyone? “Smiling Assassin”, currency killer, global head for Merrill Lynch’s foreign exchange department, international investment banker and one of only 4 upon invitation only advisors to the Global private banking cartel head quarters: the New York Federal Reserve from 1999 until march 2001after which he developed a viral “prime minister desire” infection. And […]

Economic depression in America: Evidence of a withering economy is everywhere

John Key traded in these new fangled US American Financial products just like he helped attack Asian currencies during the Asian crisis in which Merrill Lynch was heavily involved, or do you think you end up being the Global head for Foreign Exchange is a position you end up in when you play nice? Hardly […]

Merrill Lynch posts big loss, cutting 2,900 jobs

Merrill Lynch & Co has posted its third straight quarterly loss and said it planned to cut 2900 more jobs after recording more than $US6.5 billion ($NZ8.3 billion) in write-downs on subprime mortgages and other risky assets. The $US2 billion loss was worse than Wall Street analysts’ gloomy expectations, but Merrill Lynch’s shares rose 4 […]