Tag archive for ‘Few Days’
Why the Fed saved AIG and not Lehman
(Washington, D.C. ; Right Commentary) The U.S. Federal Reserve Board reversed course Tuesday night and agreed to an $85 billion bailout of global insurer American International Group (AIG), giving the U.S. government an ownership stake in the troubled insurance giant.
Treasury Secretary Henry Paulson Jr. and the Federal Reserve Chairman, Ben Bernanke convened a meeting with [...]
Reserve Money Market Fund Collapses as Lehman default spreads through the market’s balance sheets.
The “Reserve Primary Fund”, just saw its shares fall below $1 a share. For all intensive purposes - this means that the money market fund has collapsed. This is the first, and perhaps most cataclysmic implosion following the wake of Lehman Brother’s collapse Monday morning.
Gov. Palin “knocks it out of the park” with her convention speech…
Text of the speech… it was amazingly delivered and was hard hitting:
Mr. Chairman, delegates, and fellow citizens: I am honored to be considered for the nomination for Vice President of the United States…
I accept the call to help our nominee for president to serve and defend America.
I accept the challenge of a tough fight in [...]
What would Iran’s nuclear weapons mean for the United States?
I am sure that my readers have all been watching this week Iran’s missile tests. Iran launched a series of missiles to demonstrate its capability to deliver warheads at medium-range distances (2000 km). While there is some dispute as to how many missiles it has launched over the last three days - the message from [...]
Coming Soon to Right Commentary….
Readers!
Let me begin by saying thank you for being subscribers to Right Commentary. The last few days, I’ve been off on hiatus doing errands, etc., as well as studying other blogs and their formats, blog postings, etc., in order to make Right Commentary a better blog.
I have decided to change how Right Commentary, in the [...]
Entries (RSS)