MinKL Invest

Tuesday, 17 January 2012

The Shadowy World of Private Equity

TheAlyonaShow | Jan 16, 2012

A transcript has been released of the Federal Reserve's meeting in January of 2006 and it's filled with lots of laughs, and praise for Alan Greenspan, as well as a complete lack of knowledge of the economic crisis to come. We're also taking a look at Mitt Romney's past with Bain Capital and ask what is it that Private Equity firms do? William Black, author of "The Best Way to Rob a Bank" and Josh Kosman author of "The Buyout of America" join the show.

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Word of the Day: LTRO

CapitalAccount | Jan 16, 2012

LTROs are repo auctions used by the ECB for the conduct of monetary policy. They form part of the central bank's open market operations, but instead of providing short-term financing for commercial banks, as is done through MROs, the LTROs offer longer-term financing, typically using repos that mature after three months. This one of the normal tools used by the ecb to conduct monetary policy, but the reason why it has gotten so much attention recently is because of the amount of money and the maturity of these recent loans - auctioned on december 22nd. The loans typically mature in 3 months, these mature in 3 years and almost 500 billion euros worth were auctioned off for banks to borrow. So cheap money - made available for a long time. The reason the ecb did this was it was hoping banks would borrow that money and buy higher yielding sovereign debt...thus helping to mitigate the funding crisis for nations in the eurozone. They didn't do that - instead that money ended up back at the ecb's deposit facility which we've covered before - earning less interest on those deposits than the banks paid to borrow that money in the first place.

Ron Paul 2012

http://media.photobucket.com/image/ron%20paul%202012/

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Jim Rogers: Lazy bank & ratings clique must take a hit

by RussiaToday on Jan 16, 2012

European markets haven't let the massive ratings downgrade cast a shadow over trading today, with only a slight fall. On Friday, ratings giant Standard and Poor's slashed the scores of 9 EU nations, including the triple-A scores of France and Austria. RT talks to Jim Rogers, a financial commentator and co-founder of Quantum Hedge Fund.

RT on Twitter http://twitter.com/RT_com
RT on Facebook http://www.facebook.com/RTnews