-there is a lie to being alive, against which we are born to protest.- antonin artaud
Tuesday, March 25, 2008
Thursday, March 20, 2008
Wednesday, March 19, 2008
MORGAN BAGS THE BEAR
"JP Morgan has just announced that they are going to buy Bear Stearns at $2 per share. Bear Stearns stock closed at $30 on Friday and at $57 on Thursday. Which means JP Morgan is not paying a premium to market. They are paying a 93% discount to market.
. . .the New York teachers and public employees invested $59 million in Bear Stearns and their investment is now worth $1.9MM, a loss of $57 million."
-Catherin Austin Fitts
"JP Morgan has just announced that they are going to buy Bear Stearns at $2 per share. Bear Stearns stock closed at $30 on Friday and at $57 on Thursday. Which means JP Morgan is not paying a premium to market. They are paying a 93% discount to market.
. . .the New York teachers and public employees invested $59 million in Bear Stearns and their investment is now worth $1.9MM, a loss of $57 million."
-Catherin Austin Fitts

Monday, March 17, 2008
Sunday, March 9, 2008
Wednesday, March 5, 2008
In 2003, Catherine published an article, Solari & the Rise of the Rule of Law. In response to requests from readers regarding what has caused and how bad is the current crisis, we are re-publishing Part IX. - Macroeconomic & Risk Issues on the blog. . . . .
How Bad Is the Current Crisis
How Bad Is the Current Crisis