Lumuhuku

This page is dedicated to current American Financial Mess as well as the related Global Financial Slowdown. All the links take you to the posts which help you in understanding the financial turmoil that is trying to destroy American as well as the world economy.

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What were the mistakes in the last 5 years which led to this current economic mess? Who all need to be blamed? A good starting point to understand this mess, from the basics.

For answers, read A step by step process of world economy destruction

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A Sunday in September which started the destruction of the American Economy & Wall Street. Merrill Lynch sells out, Lehman Brothers goes bankrupt & other related stuff.

See how a Sunday (A holiday!) changed the World Economic Map at Wall Street & US Economy destroyed

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What is that went wrong with insurer AIG, Freddie Mac & Fannie Mae and how their bailing out will not going to help the economy? Why compensations of the managements of these companies are immoral and to be blamed.

Read it all at AIG = America Is Gone!

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An unbelievable $700,000,000,000 for saving the American Financial System. Why this gigantic bailout bad for the American taxpayers and what the experts have to say about it?

Read it all at $700,000,000,000

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How Warren Buffet helped save Goldman Sachs from brink of a disaster and why this $5 billion investment by Goldman Sachs much more important than the $700 billion bailout package.

All your queries answerd at Goldman Sachs find their guardian angel – Warren Buffet buys into GS

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The reasons of the bailout being rejected. Why is the rejection good for American as a whole and why USA needs a ‘NEWer DEAL’.

Read all this in the Fortunate Rejection of $700 billion Bailout

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My best wishes to the Americans for speedy recovery of their economy’s health. Always remember that there is morning after the night. So be optimistic. I am with all of you.