ALG's Daily Grind: Rescinding $108 billion from IMF necessary, tough love

March 12, 2012

 

Rescinding $108 billion from IMF necessary, tough love

Even if Congress rescinds $108 billion from the IMF, there would still be about $314 billion in the Fund's war chest for brand new commitments.

Video: The Truth Behind Unemployment Statistics

We are hearing that unemployment is at 8.3 percent. But there is more to it... a lot more to it.

The buzz on electric cars

Obama's 2013 budget would increase the tax credit for electric cars, like the Chevy Volt, Nissan Leaf, Tesla Roadster and Fiskar Karma from $7,500 to $10,000 per vehicle. 

As First Greek CDS 'Anstalt' Appears, A Question Emerges: Did Banks Not Square Off Margins?

"Are banks simply marking all sovereign credit default swaps at par, and not paying off cash to other dealers?"