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US oil inventories are going to continue their decline the next few weeks to low levels. One bad Gulf of Mexico tropical storm and there won't be enough oil to go around the US.

It's hard for me t ...

U.S. oil supplies probably fell last week as record prices discouraged buying by refiners. Supplies probably declined 2.2 million barrels in the week ended July 11 from 293.9 million the week before, ...

Are you guys talking about them nationalizing the oil company's too?

This is just my WAG, but I don't think oil will be nationalized anytime soon (within two years).

The problem being if the o ...

The NEW IndyMac.

Same as the old one.

Better never than late, in this case. Just as with Northern Rock, IMB depositors now bank with the safest bank in the country. Pulling money out now is idio ...

Congress appears to be moving slowly towards bailing out F & F. I don't think they want to bail out the shareholders.

If F & F were already declared insolvent, then I would expect Congress ...

US oil inventories are going to continue their decline the next few weeks to low levels. One bad Gulf of Mexico tropical storm and there won't be enough oil to go around the US.

It's hard for me t ...

I am against naked short selling but my understanding from having worked on Wall Street is that for major company and large blocks of stocks, it is difficult to get away with. Granted there seems to ...

Cramer benefited greatly from thestreet.com, which later became one of the most spectacular and swiftist crashes of an internet stock.

Judge him for yourself.He pumped it all the way down.

TheSt ...

The NEW IndyMac.

Same as the old one.

http://www.nydailynews.com/img/2008/07/15/alg_indymac.jpg
A long line of customers enter IndyMac Federal Bank Monday at IndyMac headquarters in Pasadena, C ...

OK, let's get this straight. I've heard the news, and there has been a public speech by Bernanke and Paulson, they went to the Congress to ask for a You-are-free-from-jail card to hold these guys, plu ...

Man on the street report of Bank run on Wamu.

WaMu has a branch in my town.

I advised friends/associates that WaMu may go bankrupt and if they are lucky enough to have more than $100,000 t ...

...I think that the next key inflection point will be created when the petrodollar loses its grip. Previous administrations had real reason to be fearful of the middle east decoupling their oil trade ...

There was strong export demand for diesel late last week in NYC, so strong that the Colonial Pipeline (which runs into New Jersey near New York City) couldn't ship all the diesel requested. So I expe ...

I can't find the cite, but I read in the last 6 hours that part of the plan is to provide legislation for the Treasury to directly buy ownership (stock/equity) of F and/or F if needed.
So let's c ...

I like the allusions to Dante's Inferno:

Look on your works, Fannie and Freddie, and despair.

http://media.ft.com/cms/11582238-50e4-11dd-b751-000077b07658.jpg

Guarantees for America’s guar ...