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How Credit Default Swaps Could Reverse the Economic Recovery

Shah Gilani -Money Morning (May 15th, 2009) Writes:

By Shah Gilani
Contributing Editor
Money Morning

[Editor’s Note: Uncertainty will continue to be the watchword in the months to come. R. Shah Gilani – a retired hedge fund manager and a nationally known expert on the U.S. credit crisis – has predicted five key financial crisis “aftershocks” that he says will create substantial profit opportunities for investors who know just what these aftershocks are, and how to play them. In the Trigger Event Strategist , trigger events,” as gateways to massive profits. To find out all about these five financial-crisis aftershocks, and about the trigger-event profit strategy they feed into, The Trigger Event Strategist check out our latest offer.]

While the entire U.S. housing market was on the verge of collapse and corporate America was being systemically undermined, regulators purposely looked the other way.

Why would they do this?

The truth is that U.S. regulators believed the American …

How Credit Default Swaps Could Reverse the Economic Recovery

Shah Gilani (May 15th, 2009) Writes:

While the entire U.S. housing market was on the verge of collapse and corporate America was being systemically undermined, regulators purposely looked the other way.  Why would they do this?

The truth is that U.S. regulators believed the American public couldn’t handle the truth that what had been allowed to happen, on their watch, was actually happening.

Unfortunately, we now face the same situation with credit default swaps, a derivative security that has the ability to destroy otherwise healthy companies with the virulence of a full-blown plague.

Until the American public understands this, and forces the government to take action, the odds of a repeat performance of what we refer to as the global financial crisis remain very high.

This is not an “Origin of the Species” seminal epic. Rather, it is a short story about the failure of evolutionists to recognize that, while creationism actually starts somewhere, it is actually the failure of

...

Marsh & McLennan Falls Short in Q1 – Zacks Tale of the Tape

Zacks Market Commentaries (May 6th, 2009) Writes:
Marsh & McLennan Cos. Inc. (MMC) announced first-quarter adjusted earnings of 40 cents per share, which missed the consensus by 3 cents.

Earnings for the quarter came in a penny shy of last year's profit of 41 cents per share.

However, Marsh & McLennan's share price is up over 6% today.

The company's risk and insurance services, consulting and risk consulting and technology businesses saw revenue declines during the quarter, as total sales declined 13% from last year to $2.63 billion.

The consensus for the current year has dropped to $1.56 from $1.59 over the past month, reflecting downward revisions by 3 of 15 covering analysts.

The Zacks #4 Rank ("Sell") is currently moving on low volume of 4.8 million shares, against the daily average of 6 million.

"MMC" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

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