Stock

The Daily Paul has been archived. Please see the continuation of the Daily Paul at Popular Liberty.com

Thank you for a great ride, and for 8 years of support!
11 votes

MJ: Herman Cain's Enron-esque Disaster

While most are fawning over the latest manufactured candidate, Mother Jones has done some digging and found that Cain wasn't "Mr. Nice Guy" to his former employees at energy company Aquila (which is why they class action sued him).

Herman Cain's Enron-esque Disaster
—By Andy Kroll
Mon May. 23, 2011 3:00 AM PDT

http://motherjones.com/politics/2011/05/herman-cain-aquila-l...

4 votes

Swiss stock exchange bets on gold

Hi all,

Thought you might find this of interest. I originally came across it at www.goldseek.com

"Is gold becoming the new currency? The Swiss stock exchange will soon offer clients the possibility of having post-trade profits paid out in gold." - by Sophie Douez

http://www.swissinfo.ch/eng/specials/swiss_franc/Swiss_stock...

As Ron Paul says in his book, The Case for Gold, it's not a question of if we're going to the Gold Standard, it's only a question of when.

Cheers

0 votes

Matt Taibbi: The $2 Billion UBS Incident: 'Rogue Trader' My Ass

The news that a "rogue trader" (I hate that term – more on that in a moment) has soaked the Swiss banking giant UBS for $2 billion has rocked the international financial community and threatened to drive a stake through any chance Europe had of averting economic disaster. There is much hand-wringing in the financial press today as the UBS incident has reminded the whole world that all of the banks were almost certainly lying their asses off over the last three years, when they all pledged to pull back from risky prop trading. Here’s how the WSJ put it:

Syndicate content