Harvey Organ 2-22-11 Part A, Part B to follow in a few hours...
Federal, state and local debt hits post-WWII levels
Pan American Silver Shifts Assets to Canadian Dollars
silver remains resilient/silver/gold withstand massive raid:
Silver, 1980, and why we shouldnt drive while looking in the rear view mirror
Six Charts Which Prove That Central Banks All Over The Globe Are Recklessly Printing Money
Federal, state and local debt hits post-WWII levels
Pan American Silver Shifts Assets to Canadian Dollars
Which US Banks Are Managing Billions For The $32 Billion Libyan Sovereign Wealth Fund?
Submitted by Tyler Durden on 02/22/2011 18:28 -0500Following the previous post taking a tangential if insightful peek into Gaddafi's personal eccentricities, we next look at something far more important, where once again courtesy of Wikileaks disclosure, we find that the Libyan Sovereign Wealth Fund (Libyan Investment Authority, or LIA), whose holdings were first dissected on Zero Hedge, and whose AUM is supposedly a massive $32 billion, has "several American banks each managing USD 300-500 million of the LIA's funds." Perhaps now that UniCredit has plunged by 12% in the past few days due to the recognition of Libya's involvement in the bank it is time for the US banks who manage billions in capital for the LIA, to step up. After all even most of the country's ambassadors have vocally recused themselves of any association with the government. Perhaps our banks can show a comparable level of objectivity and at the loss of a few million in management fees clean their conscience, before someone does it for them. Also curious is the fact that the LIA appears to have had its own direct involvement with a certified ponzi after having been approached by both Stanford (with a rumored investment by the LIA being the end result) as well as the one, the only, original (post-modern) ponzmaster, Bernie Madoff.
Egyptian 'Net Killed By Intimidation, Not a Switch.
Egyptian 'Net Killed By Intimidation, Not a Switch.
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