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Entries Tagged ‘Clearing House’

Company going public. (SPI) Somali Pirates Inc. They are well run, brilliantly organized, and virtually dominate their sector.

Mission Statement:
—Low overhead and global reach to maximize shareholder profit at any cost—.
High Seas Head of Operations, Tajek Z. Vaswella said in a statement. “Somali Pirates Inc are pleased to announce the recent purchase of Merrill Lynch & Co Inc from BOA. The former Merrill Lynch & Co Inc New York headquarters will serve as [...]

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Fed should cut rates to 1 percent: Pimco’s Gross

LONDON (Reuters) - Influential investor Bill Gross called on Tuesday for the Federal Reserve to cut interest rates to 1 percent from the current 2 percent because of sharp falls in asset prices globally.
“We are experiencing asset deflation and the threat of headline inflation is long past,” he said in a note.
Gross is chief investment [...]

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