The Derivatives Market is a worldwide hidden market, and set to explode into the 'next' financial crisis. The destructive nature of this market could become the prelude to massive hyper-inflation leading to a Global Depression!

The erupting U.S., and now worldwide financial crisis, may end our American way of life!

I'm sure this retreat at the St. Regis Resort Monarch Beach is going to do wonders for our moribund economy. Revealed during a hearing on AIG at a House Committee on Oversight and Government Reform Committee, Sen. Henry Waxman and others blasted AIG.

After a week-long of wrangling by lawmakers, the House passed the Bailout Bill 263:171. Next, onto President George W. Bush awaiting to sign, and make into a law. The reality of the financial crisis swung many votes today.

After two weeks of struggle and often emotional debates, President George W. Bush has signed the Bailout Bill into law. He was prepared with pen in hand, and anxiously awaiting it's arrival.

Do not panic; however, financial officials are expecting a rise in bank closures through 2009, and this is with the $700B Bailout Rescue Plan enacted. Damage control is the government's thought of the day, and financial institutions are on failure alert.

Financial markets around the world are reeling with negative reactions to the current U.S. economic crisis, and are not being optimistic in regard to the $700B Bailout Rescue Plan's intended effects. Turmoil is spreading through Asian and European markets

After a last minute debate, the Senate voted in favor of the Rescue Plan - $700B Financial Bailout, and passed the Bill 74-25. Next, to the House for their vote.

After an overwhelming 74-25 passing Senate vote Wednesday evening, the rescue bill moves on to a House re-vote scheduled for Friday. One hundred Republican votes are needed to continue the journey, and outlook is positive at this time.

The FDIC will cover any losses from Wachovia's portfolio in excess of $42 billion. Thus, Citicorp becomes the beneficiary of a bailout plan which Congress has not approved, is not even aware of...