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? Parked cars and garbage cans were set on fire, cars were tipped over, and people threw beer bottles at giant television screens following the Canucks’ 4-0 loss to the Bruins in Game 7 of the Stanley Cup finals.
? Yields on 10-year Greek bonds neared 18 percent, the highest in the 17-nation euro area’s history, while the yield on the two-year note above 30 percent for the first time.
? The cost to insure Greek debt climbed to a record, indicating an about 75 percent chance of default within five years.

Duration : 0:35:0

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Technorati Tags: Alt-A, Bank Failure, bankruptcy, CDO, CRE, credit cards, credit crunch, Employment, Fannie Mae, FDIC, federal reserve, foreclosure, GDP, Home Sales, House Prices, mortgage, Mortgage Fraud, Negative Equity, Option ARM, recession, Retail, subprime, Trade Deficit

? expansion in monetary and fiscal policy will produce excessive inflation,
? oil threatened by war and conflict,
? municipalities in US in deep trouble.

Duration : 0:35:1

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Technorati Tags: Alt-A, Bank Failure, bankruptcy, CDO, CRE, credit cards, credit crunch, Employment, Fannie Mae, FDIC, federal reserve, foreclosure, GDP, Home Sales, House Prices, mortgage, Mortgage Fraud, Negative Equity, Option ARM, recession, Retail, subprime, Trade Deficit

? currency war,
? trade war,
? virtual fence broken.

Duration : 0:15:0

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Technorati Tags: Alt-A, Bank Failure, bankruptcy, CDO, CRE, credit cards, credit crunch, Employment, Fannie Mae, FDIC, federal reserve, foreclosure, GDP, Home Sales, House Prices, mortgage, Mortgage Fraud, Negative Equity, Option ARM, recession, Retail, subprime, Trade Deficit