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	<title>StockPreacher &#187; assets</title>
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	<link>http://stockpreacher.com</link>
	<description>Penny Stock Blog, Small cap Micro Stock Alert and Stock Investment Tips</description>
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		<title>THE TRAUMATIZED WESTERN FINANCIAL INDUSTRY</title>
		<link>http://stockpreacher.com/2009/03/30/the-traumatized-western-financial-industry/</link>
		<comments>http://stockpreacher.com/2009/03/30/the-traumatized-western-financial-industry/#comments</comments>
		<pubDate>Mon, 30 Mar 2009 14:04:43 +0000</pubDate>
		<dc:creator>boss</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[G20]]></category>
		<category><![CDATA[indexes]]></category>
		<category><![CDATA[london]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[Stock Talk]]></category>
		<category><![CDATA[stockpreacher]]></category>
		<category><![CDATA[U.S. government]]></category>
		<category><![CDATA[UK]]></category>
		<category><![CDATA[US]]></category>

		<guid isPermaLink="false">http://stockpreacher.com/?p=1543</guid>
		<description><![CDATA[Since the World’s credit markets seized up on September 8, 2009 many corporations are either cutting costs, waiting for government bailout money, or preparing for bankruptcy, as banks are reluctant to lend to all but the most credit worthy and then at unconventionally high interest rates. 
In the center of the storm lies the US, [...]]]></description>
		<wfw:commentRss>http://stockpreacher.com/2009/03/30/the-traumatized-western-financial-industry/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>US Treasury to introduce plan for troubled mortgages</title>
		<link>http://stockpreacher.com/2009/03/28/us-treasury-to-introduce-plan-for-troubled-mortgages/</link>
		<comments>http://stockpreacher.com/2009/03/28/us-treasury-to-introduce-plan-for-troubled-mortgages/#comments</comments>
		<pubDate>Sat, 28 Mar 2009 21:33:07 +0000</pubDate>
		<dc:creator>boss</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[Banking System]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[low-interest]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Treasury department]]></category>

		<guid isPermaLink="false">http://stockpreacher.com/?p=1509</guid>
		<description><![CDATA[The US Treasury Department is expected in the coming week to roll out its long-delayed plan to buy as much as $1 trillion in troubled mortgages and related assets from financial institutions, according to people close to the talks. The plan is likely to offer generous subsidies, in the form of low-interest loans, to coax [...]]]></description>
		<wfw:commentRss>http://stockpreacher.com/2009/03/28/us-treasury-to-introduce-plan-for-troubled-mortgages/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The US Security and Exchange Commission says money manager invented big accounts</title>
		<link>http://stockpreacher.com/2009/03/22/the-us-security-and-exchange-commission-says-money-manager-invented-big-accounts/</link>
		<comments>http://stockpreacher.com/2009/03/22/the-us-security-and-exchange-commission-says-money-manager-invented-big-accounts/#comments</comments>
		<pubDate>Sun, 22 Mar 2009 11:10:29 +0000</pubDate>
		<dc:creator>boss</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[filings]]></category>
		<category><![CDATA[Jenkis and Locke]]></category>
		<category><![CDATA[lawyer]]></category>
		<category><![CDATA[Leila Jenkis]]></category>
		<category><![CDATA[Locke Capital Management]]></category>
		<category><![CDATA[regulators]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[securities and exchange commission]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://stockpreacher.com/?p=1499</guid>
		<description><![CDATA[USA regulators charged a money manager with fabricating several large client accounts in order to lure legitimate investors, the Securities and Exchange Commission said last week. The SEC alleged that Leila Jenkins and her firm, Locke Capital Management, invented large advisory client accounts purportedly based in Switzerland and repeatedly claimed the accounts contained more than [...]]]></description>
		<wfw:commentRss>http://stockpreacher.com/2009/03/22/the-us-security-and-exchange-commission-says-money-manager-invented-big-accounts/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Toxic Assets Explained</title>
		<link>http://stockpreacher.com/2009/03/11/toxic-assets-explained/</link>
		<comments>http://stockpreacher.com/2009/03/11/toxic-assets-explained/#comments</comments>
		<pubDate>Wed, 11 Mar 2009 11:13:33 +0000</pubDate>
		<dc:creator>boss</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[derivatives]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[toxic]]></category>

		<guid isPermaLink="false">http://stockpreacher.com/?p=1440</guid>
		<description><![CDATA[Toxic assets are non-performing assets that are not only not paying interest but depreciating (losing principal) rapidly, with no likelihood of stabilizing in the current environment. The most common toxic debt talked about or referenced is subprime mortgage debt. 
According to some estimates there was about US$1.2T of subprime mortgages written. The reason there is [...]]]></description>
		<wfw:commentRss>http://stockpreacher.com/2009/03/11/toxic-assets-explained/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>US Treasury to take 36%</title>
		<link>http://stockpreacher.com/2009/03/04/us-treasury-to-take-36/</link>
		<comments>http://stockpreacher.com/2009/03/04/us-treasury-to-take-36/#comments</comments>
		<pubDate>Wed, 04 Mar 2009 15:53:46 +0000</pubDate>
		<dc:creator>boss</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[financial institutions]]></category>
		<category><![CDATA[U.S. government]]></category>

		<guid isPermaLink="false">http://stockpreacher.com/?p=1391</guid>
		<description><![CDATA[Citigroup stake The U.S. government agreed to become the biggest single shareholder in Citigroup on Friday, in the latest attempt to save the ailing financial group and to shore up the country’s banking system. The partial “nationalization” will give the government a stake of up to 36 % in the troubled lender, capping a spectacular [...]]]></description>
		<wfw:commentRss>http://stockpreacher.com/2009/03/04/us-treasury-to-take-36/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gold crossed US$857 oz. resistance.</title>
		<link>http://stockpreacher.com/2009/01/29/gold-crossed-us857-oz-resistance/</link>
		<comments>http://stockpreacher.com/2009/01/29/gold-crossed-us857-oz-resistance/#comments</comments>
		<pubDate>Thu, 29 Jan 2009 14:00:32 +0000</pubDate>
		<dc:creator>boss</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[DJIA]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[invest]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[resistance]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[up-trend]]></category>

		<guid isPermaLink="false">http://stockpreacher.com/?p=1179</guid>
		<description><![CDATA[Last Friday Gold surged US$37.50, crossing the US$857 oz. resistance, touching US$903.50 oz., and settled back to US$895.30 oz. on the close. That move suggests that there is huge buying power in the Gold market, and shorts are covering. Frequently after a breakout a market will back and fill, but the Gold players now are [...]]]></description>
		<wfw:commentRss>http://stockpreacher.com/2009/01/29/gold-crossed-us857-oz-resistance/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>We are moving towards the final countdown of the global banking crisis</title>
		<link>http://stockpreacher.com/2009/01/28/we-are-moving-towards-the-final-countdown-of-the-global-banking-crisis/</link>
		<comments>http://stockpreacher.com/2009/01/28/we-are-moving-towards-the-final-countdown-of-the-global-banking-crisis/#comments</comments>
		<pubDate>Wed, 28 Jan 2009 14:28:10 +0000</pubDate>
		<dc:creator>boss</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[banking crisis]]></category>
		<category><![CDATA[capital]]></category>
		<category><![CDATA[central bank]]></category>
		<category><![CDATA[churchhill]]></category>
		<category><![CDATA[creditors]]></category>
		<category><![CDATA[global bank]]></category>
		<category><![CDATA[global recession]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[london]]></category>
		<category><![CDATA[rosevelt]]></category>
		<category><![CDATA[taxpayers]]></category>
		<category><![CDATA[thatcher]]></category>
		<category><![CDATA[U.S. government]]></category>

		<guid isPermaLink="false">http://stockpreacher.com/?p=1173</guid>
		<description><![CDATA[US banks now hold over US$1,000B of cash, which is an unprecedented level and more than five times the typical amount held over the past 40 years.  The Big Q: Why? The Big A:  Because the banks know that they are heavily exposed to bad loans/assets on their balance sheets and, therefore, they [...]]]></description>
		<wfw:commentRss>http://stockpreacher.com/2009/01/28/we-are-moving-towards-the-final-countdown-of-the-global-banking-crisis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>US Fed today poised to reduce its main interest rate to the lowest on record</title>
		<link>http://stockpreacher.com/2008/12/17/us-fed-today-poised-to-reduce-its-main-interest-rate-to-the-lowest-on-record/</link>
		<comments>http://stockpreacher.com/2008/12/17/us-fed-today-poised-to-reduce-its-main-interest-rate-to-the-lowest-on-record/#comments</comments>
		<pubDate>Wed, 17 Dec 2008 15:17:34 +0000</pubDate>
		<dc:creator>boss</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[central bank]]></category>
		<category><![CDATA[federal Reserve]]></category>
		<category><![CDATA[FOMC]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[U.S. Fed]]></category>

		<guid isPermaLink="false">http://stockpreacher.com/?p=921</guid>
		<description><![CDATA[The Federal Reserve may today reduce its main interest rate to the lowest level on record and prepare for one of the boldest experiments in its 94-year history: using its balance sheet as the key tool for monetary policy. The FOMC is likely to cut its benchmark rate in half, to 0.5%, according to forecasts [...]]]></description>
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		<slash:comments>0</slash:comments>
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