Wednesday, July 27, 2011

Bank of America Begins Demolishing Foreclosures

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Today's headlines:


5 Reasons Google is Going to $1500
And how soon it will get there...

Bank of America to Start Demolishing Foreclosures
With a whopping 1 in 77 houses under foreclosure, it's time to "get the garbage off"...

U.S. Dollar Hitting All-Time Lows with D.C. Uncertain
The U.S. dollar continues its slide against a wide spread of foreign currencies such as the Swiss franc and the Singapore dollar...

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QE3 More Likely By The Day
Goldman Sachs' Chief Economist is hinting that the Fed may start another large "easing" program soon...

Dunkin' Shares Jumpin' on First Day of Trading
Get 'em while they're hot...

Quote of the day:

"The basic scam in the Internet age is pretty easy even for the financially illiterate to grasp. It was as if banks like Goldman (Sachs) were wrapping ribbons around watermelons, tossing them out fiftieth-story windows, and opening the phones for bids. In this game you were a winner only if you took your money out before the melon hit the pavement."

- Matt Taibbi

Regards,

Wealth Wire




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