Page 25 - Aborrowings News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It's a good time. lehman brothers did it. bank of america we talked about. they call it an accounting mistake. we apologize. i'm sorry. i won't happen again. now citigroup saying they did the exact same thing. it's crazy everybody is committing the same mistake that happens to make them a loot of money and hide all the risk, which seems to be the point that misclassified $9 billion of short-term trades. booked them as sales. when actually they were borrowings, done to hide risk at the quarter's end. and disguising debt to deceive your investors. it's not illegal. that's what happens wen you gi...

But today the gears really, really stuck. the cost of borrowing went up for countries like spain. even for little tiny borrowings they had to pay much more in interest to get that money. and once investors saw that, i don't know why it happened this afternoon as opposed to this morning but that's when things really went awry. and it's going to be up to the markets in the next half hour and tomorrow before the end of the week to determine if those concerns can be put aside. >> how concerned are you that this -- the drop, these two day, now three day declines on the s&p 500 and the dow are going...

Executives more than their nonrescued counterparts. so, two crucial things, both white houses didn't want to see. >> look, what we wanted to see happen, was we want today stabilize the company and we stabiliz stabilized a teetering economy one on the edge of going over the side and now you'll say how do you know you have going over the side. i tell you one thing, if you were in general electric, we were on short-term borrowings, those windows closed down and if we had a job and we would have had a disaster in my opinion. >> neil: all right, your opinion notwithstanding, then see what it's goin...

In order to give you guys a quite literal overview of dresden we leased our drone here are the most important sites informations about the capital city of sex and. the distinctive baroque silhouettes of dress and historic center rises from the banks of the river elbe. it includes the cathedral the royal palace and the semper opera house because of its borrowings from italian architecture dresden earned itself the nickname florence on the elba. although newly completely destroyed towards the end of the second world war the most important building some landmarks have been rebuilt. among them is ...

No need for means testing. those two programs, 56% of the budget. defense spending, also not a problem, in the tea party, you add these three together, that is actually 75% of the money that our government spends. defense is the second biggest aspect. medicare is number one, and social security is number three. but apparently the tea partiers are okay with all that. back to the budget. we pay for it, of course, all this budget, because we don't have any of this money, we borrow it from the fed or china or whoever. well part of our budget as a result of that is we, use our borrowings, the same ...