All About the Benjamins? Fugetaboutit — 2011 is all about the trillions. In what can only be one of the more bizarre legal cases against famed music mogul Sean “Diddy” Combs, a Los Angeles woman has slapped the multi-millionaire Bad Boy boss for whopping $1 trillion, claiming that he fathered her child and was somehow [...]
Posts Tagged ‘trillion’
India targets $1 trillion infrastructure investment: Ahluwalia
January 28th, 2011 |
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India will double its investments in infrastructure to $1 trillion during the 11th Five Year Plan that begins 2012, with half of that expected from the private sector, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. Speaking at the annual meeting of the World Economic Forum at this Swiss ski resort, the key policy [...]
Zillow: U.S. Home Prices Will Lose $1.7 Trillion This Year
December 9th, 2010 |
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First Case-Shiller called a double dip in home prices.Then Roubini said that the United States “real estate market, for sure, is double dippingâ€, and and predicted that banks could face another $1 trillion in housing-related losses.Now Zillow is f…
Global IT Debt Hits $500 Billion on Its Way to $1 Trillion: Gartner
September 23rd, 2010 |
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Maintenance backlog poses serious risk to business systems, and corporations need to plan for application overhaul to address IT debt, said Gartner in a recent research report. – Thanks to a decade of shrinking IT budgets, the global IT debt will total
approximately $500 billion in 2010, said a Gartner
analyst on Sept. 23.
The gap can potentially widen to $1 trillion by 2015, according to the
market research firm.
quot;This problem, hidden from sight, is getting bigge…
IT Spending Could Hit $2 Trillion in 2010, Says Gartner
May 18th, 2010 |
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IT spending could total more than $2 trillion in 2010, according to research firm Gartner. While the banking and financial industries are leading the way, government agencies and health care providers are also expected to boost their IT this year. However, the possibility of a "double dip" recession still looms. – The banking and financial industries, along with health
care providers and large government
agencies, are helping to push IT spending past the $2 trillion mark this
year, according to research firm Gartner.
For 2010, Garter is
predicting that IT spending will total $2.4 trillion, a 4.1 percent …
Government put $4.3 Trillion of Taxpayer Money Into Bank Guarantees
November 7th, 2009 |
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I have repeatedly pointed out that the government’s rescue of the too big to fails didn’t just include $700 billion or so in Tarp, but also massive guarantees.Elizabeth Warren and the Tarp oversight panel now say taxpayer money guaranteed assets worth …
Zero Hedge Claims that the Federal Reserve ITSELF Traded Over a Trillion Dollars Worth of Derivatives in March Alone
August 24th, 2009 |
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You know Zero Hedge, the popular website which has broken major stories like Goldman’s dominance of high-frequency trading.Some say that Zero Hedge occasionally breaks stories before adequately fact-checking them. I don’t know whether that is true or…
PhD Economist: Fed has Caused Soaring Unemployment, Millions of Foreclosures, Millions Losing Life Savings and More than $6 Trillion in Lost Output
July 30th, 2009 |
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In endorsing the bill to audit the Fed, PhD economist Dean Baker wrote last week:The country now has almost 25 million people who are unemployed or underemployed as a result of the Fed’s disastrous policies. Millions of people are losing their homes an…
Jim Selman: Give or Take a Trillion
July 28th, 2009 |
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It seems to me that when we enter the realm of staggering numbers that are beyond comprehension such as these, money stops meaning anything.
Sheldon Filger: Bernanke to Congress: I Don’t Know to Whom We Gave Half a Trillion Dollars
July 23rd, 2009 |
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The Fed and its chairman have made many errors in judgment, not the least their overly-optimistic pronouncements when the first tremors from the sub-prime meltdown arose.
Government Watchdog: Bailouts Could Rise to $23 Trillion Dollars
July 20th, 2009 |
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I have previously pointed out that “independent experts say that total government spending [for the bailouts] could rise to $20 trillion dollars.”Now, the government’s own watchdog over the various bailout efforts – the special inspector general – sa…
Government Watchdog: Bailouts Could Rise to $23 Trillion Dollars
July 20th, 2009 |
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I have previously pointed out that “independent experts say that total government spending [for the bailouts] could rise to $20 trillion dollars.”Now, the government’s own watchdog over the various bailout efforts – the special inspector general – sa…
Budget Deficit Tops $1 Trillion For First Time
July 13th, 2009 |
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WASHINGTON — Nine months into the fiscal year, the federal deficit has topped $1 trillion for the first time.
The imbalance is intensifying fears about higher interest rates and inflation, and already pressuring the value of the dollar….