Wednesday, January 27, 2010

STOCK RESULTS JAN 27,2010

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/site/14081545/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS WED JAN 27,2010

09:30 AM -1.77
10:00 AM -21.23
10:30 AM -29.77
11:00 AM -27.58
11:30 AM -27.51
12:00 PM -15.49
12:30 PM -26.98
01:00 PM -25.00
01:30 PM -43.68
02:00 PM -49.57
02:30 PM -5.27
03:00 PM +8.17
03:30 PM +20.20
04:00 PM +41.87 10,236.16

S&P 500 1097.50 +5.33

NASDAQ 2241.41 +17.68

GOLD 1,086.50 -11.80

OIL 73.67 -1.04

TSE 300 11,344.10 -17.10

CDNX 1509.38 -24.73

S&P/TSX/60 664.08 +0.18

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -36 points at 4 minutes of trading today.
Dow -90 points at low today.
Dow +21 points at high today so far.
GOLD opens at $1,093.70.OIL opens at $74.57 today.

AFTERNOON,NEWS,STATS
Dow -90 points at low today so far.
Dow +21 points at high today so far.

WRAPUP,NEWS,STATS
Dow -90 points at low today.
Dow +21 points at high today.

CRUDE OIL -3.9 MILLION BARRELS
GASOLINE +2.0 MILLION BARRELS
DISTILLATE INVENTORIES +400,000 BARRELS
REFINERY UTILIZATION +0.1% TO 78.5%

WELL THE AIG,FUNNELING OF CASH TO GOLDMAN SACHS SCAM OF THE $28 TRILLION SCAM BY GEITHNER, PAULSON, BERNANKE IS UP,THE TRUTH IS FINALLY COMING OUT HOW THEY ROBBED THE WORLDS CITIZENS AND GAVE ALL THE MONEY TO THE BANKS TO GIVE TO THEIR WORKERS AND THEMSELVES.

http://www.zerohedge.com/article/detailed-look-goldmans-cds-holdings-and-how-cds-trading-has-become-squids-multi-billion-cash
http://www.zerohedge.com/article/did-goldman-sell-its-25-billion-aig-cds-while-possession-material-non-public-information

JUST LIKE CLINTON,I NEVER HAD SEXUAL RELATIONS WITH THAT WOMAN(MONICA LEWINSKI),THE LIES JUST KEEP ON COMING.

Jan. 27, 2010, 5:00 p.m. EST-Geithner, Paulson defend $182 billion AIG bailout Lawmakers grill Geithner and Paulson for failing to obtain taxpayer By Ronald D. Orol, MarketWatch
http://www.marketwatch.com/story/geithner-paulson-defend-182-bln-aig-bailout-2010-01-27

WASHINGTON (MarketWatch) -- Facing sharp criticism on Capitol Hill, Treasury Secretary Geithner and his predecessor, Henry Paulson, on Wednesday defended their decision to complete a $182 billion bailout of American International Group Inc., arguing that it was necessary to protect the financial system from implosion. The steps the government took to rescue AIG were motivated solely by what we believed to be in the best interests of the American people, said Geithner, who was the president of the New York Federal Reserve when AIG was rescued. Thousands of more factories would have closed their doors; the value of American savings would have fallen even more. It would have brought about utter collapse, said Geithner.

Paulson, who was Treasury Secretary at the time, said an AIG failure would have been devastating to the financial system and easily have driven unemployment up to 25%, well beyond its current 10%. Geithner said taxpayers could recover the cost of the AIG bailout if lawmakers support an Obama administration proposal that would impose a $90 billion fee over ten years on financial institutions.Lawmakers argue that Geithner and Paulson failed to obtain concessions for taxpayers and point to emails suggesting the New York Fed sought improperly to conceal that it had repaid AIG's counterparties in full with $62 billion in taxpayer funds. The Federal Reserve's use of its extraordinary powers to assist AIG has angered many members of Congress of both political parties. Lately, lawmakers have expanded their criticism of the Obama administration's bailout efforts, which they contend resulted in expanded benefits to Wall Street at the expense of Main Street. Critics argue that the government's actions at AIG were in fact a 'back-door bailout' at the expense of U.S. taxpayers.

The government gave Goldman Sachs more than it had any right to expect, but at the same time no financial relief was given to millions of Americans facing a foreclosure crisis,said Rep. Dennis Kucinich, D-Ohio. Rep. Ed Towns, D-N.Y., chairman of the House Oversight and Government Reform committee, said the bailout creates an air of suspicion and distrust among the American people. He expressed concerns about the decision by the New York Fed to try to keep the names of derivative counterparties of AIG receiving taxpayer bailouts private. Under pressure from Congress, the names of derivative counterparties were eventually disclosed. The New York Fed argued that disclosing the names of the counterparties would somehow injure AIG,Towns said.In fact, when the information was finally released under pressure from Congress, nothing happened...But it did have an effect on the credibility of the Federal Reserve and it called into question the Fed's penchant for secrecy.

Role of the Fed questioned
GOP lawmakers on the committee also focused their attention on emails they have suggesting that the New York Fed sought to conceal it had repaid AIG's counterparties in full with $62 billion in taxpayer funds. The steps the government took to rescue AIG were motivated solely by what we believed to be in the best interests of the American people.

Treasury Secretary Tim Geithner

It stretches credulity for us to believe that you had no role in this and didn't know anything about it when your attorneys were sending emails around everywhere, said Rep. Dan Burton, D-Indiana. Geithner and Paulson both said they were not involved in the disclosure of the AIG payments.I had no role in making decisions regarding what to disclose about the specific financial terms...of payments to counterparties, Geithner said. However, he acknowledged that he thinks every day about things the government could have done differently in the short time it had to respond to AIG's impending failure. Paulson said he wasn't involved in any of the decisions about AIG's public disclosure of AIG payments, adding that it was predominantly the responsibility of the Fed and New York Fed. The Fed's Bernanke also said in a letter Wednesday that he was not directly involved in negotiations with the AIG counterparties, adding that the negotiations were handled by the NY Fed. Bernanke said he supported the Fed's decision to authorize the bailout.

AIG received $62.1 billion in federal funds that it used to fully pay off counterparties at financial institutions in the United States and Europe, including Goldman Sachs Group, Bank of America Corp.AIG is in the process of selling off units to partially pay off the government investment. Democrats on the committee took issue with Paulson and Geithner for failing to get on the phone with the CEOs of top U.S. banks -- many of the same ones that were pressed to take billions in taxpayer funds as part of the $700 billion Troubled Asset Relief Program -- and ask them to take a discount on the payments they received as part of the AIG bailout. The commitment to Goldman Sachs trumped your commitment to the American people, said Rep. Stephen Lynch, D-Mass.We had the banks in a position where we could have exercised a lot of leverage against them and we never used that leverage.Meanwhile, Rep. Darrell Issa, R-Calif., the committee's ranking member, pressed Geithner on his roll in the bailout. Where was Secretary Geithner during the months and months that backdoor bailouts were being questioned in the media? Did he ever wonder why his decision to pay AIG's counterparties was kept secret for so long? Issa said. Issa released a letter Tuesday indicating that Bernanke's staff did not agree with a decision by him to bailout AIG. Read about Issa's letter. This morning Sen. Jim Bunning, a member of the Senate Banking Committee, who is familiar with documents in the possession of the Federal Reserve, referred to an e-mail sent by Bernanke to his staff after his staff recommended that the Federal Reserve not touch AIG. According to Bunning, Bernanke's staff did not agree with him.

A report produced by Issa and his staff released Tuesday, argues that the New York Fed covered up details about its decision to use taxpayer funds to pay AIG's counterparties at par. In the report, Issa released an email made on Nov. 11, 2008, by New York Fed assistant vice president Alejandro Latorre to other Fed officials that said, As a matter of course, we do not want to disclose that the concession is at par unless absolutely necessary.Read the Issa report.The U.S. government owns about 80% of AIG as a result of its injection of capital to save the company from collapse in 2008.Ronald D. Orol is a MarketWatch reporter, based in Washington.

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