Latest On World Economic Crisis

  • War Vegetable Gardening

    Prepare for the end of civilization now with your very own war garden. Google Books has a full scan of the 1918 classic, “War Vegetable Gardening and the Home Storage of Vegetables.” The section on turnips is especially fascinating.

    Scott Lamb 5 years ago respond

  • Bank Holding Companies

    Bank holding companies are the new hotness. Just transform your business from whatever it is now — say, American Express or Petco — to a bank holding company, and you can line up for some that sweet bailout cash. It’s not so easy. But a number of companies are mulling the change to get more help from the government in the form of cold, hard currency. Read More ›

    Scott Lamb 5 years ago 1 response

  • Naked Shorting

    Naked short selling has played a key role in the current financial crisis, but what the hell is it? Here’s one definition: Naked short selling, or naked shorting, is the practice of selling a stock short, without first borrowing the shares or ensuring that the shares can be borrowed as is done in a conventional short sale. When the seller does not obtain the shares within the required time frame, the result is known as a “fail to deliver”. However, the transaction generally remains open until the shares are acquired by the seller or the seller’s broker, allowing a trade to occur when the order is filled. Read More ›

    Scott Lamb 6 years ago 2 responses

  • Crude Oil Futures

    Along with everything else in the economy, crude futures are looking down. With fears that the economic slowdown is going to be long-term, futures for oil keep dropping. Oil futures are another gauge of the general market outlook. View Image ›

    Scott Lamb 6 years ago respond