K.S. Rajan (19 Nov 2011)
"report by BILL KOENIG"


 
 
Update and Commentary
'Koenig's Eye View from the White House' – November 18, 2011: Is a worldwide banking collapse possible? ... Fitch: U.S. Banks face Europe contagion risk ... Could derivatives bring down the world’s financial system?
Inside the White House --
Is a worldwide banking collapse possible? ... Fitch: U.S. banks face Europe contagion risk ... Could derivatives bring down the world’s financial system? ... Forbes: The next financial crisis will be hellish, and it’s on its way ... What of the derivatives sitting on the balance sheet of the Federal Reserve? ... Forbes: If the value of the Federal Reserve portfolio were to fall by just 2%, the Fed itself would be wiped out ...
Israel vs. Iran perspective from this week … Two U.S. Carrier Strike Groups and an Amphibious Ready Groups/Marine Expeditionary Units positioned near the Persian Gulf and the Red Sea, respectively …
News Briefs -- Arming Islam with hopes they will stand against Iran ... National Council of Churches installs pluralist as president ... Pluralism project releases new CD ROM on world religions in America ... Catholic Bishops vow they will defend their right to religious expression ... Senate Judiciary Committee votes repeal of Defense of Marriage Act