Vinny’s Blog

As mentioned in one of my earlier post that we will look into this ‘Green Shoots’ thingy well here I am on this highly debated ‘green shoots’ issue is it there OR not ?
First of all what is greenshoot and what does it mean ? well, it may mean many things but one thing that [...]

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It’s only logical to cover FDIC right after banking because in case a bank fails, FDIC comes forward and takes over the bank.First of all I have made various posts about FDIC since last year and none of them have incicated anything good for FDIC they have all shown [...]

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I made a post about commercial mortgage earlier back in Jan-2009. Clearly indicating trouble brewing in that sector post was made in Jan. Please feel free
to read this report. I had put in a lot of work scraping news articles off the net to make that post.
http://www.diwakars.com/wordpress/2009/01/next-shoe-to-drop/
But we are [...]

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Here we will look at Airlines/ Trucking / Railroad.
Airlines
IATA says global airlines to lose $9 bln in 2009
June 07, 2009: 09:30 PM ET
KUALA LUMPUR, June 8 (Reuters) - The global airline industry is facing an unprecedented crisis and is likely to lose $9 billion this year, nearly double an
estimate made [...]

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Lately banks stocks have shown some progress, even declared profits. But, is it so ? Is it that all is suddenly well for banks specially those big banks ?
let us take a closer look….
A. Citi and Goldman.
Goldman, Citi Accused of Accounting Tricks
By WebCPA.com
April 21, 2009
Goldman reported a first-quarter profit of [...]

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