BizAnalyst Network: 09/01/2009

GM to Close Saturn

GM to Close Saturn

Penske Pulls Out of Deal

Why not ask Chrysler to build the cars? (white label, outsourcing solution)
-full article

Small Biz Loans at Risk (CIT Bankruptcy Option)

CIT Draws Up Bankruptcy Option

Message to Creditors: Agree to Debt Restructuring or Take Chances in Court.
-full article

Small Biz Loans at Risk (CIT Bankruptcy Option)

CIT Draws Up Bankruptcy Option

Message to Creditors: Agree to Debt Restructuring or Take Chances in Court.
-full article

Wall Street's New Gilded Age (TBTF: Too Big To Fail Banks)

Wall Street's New Gilded Age

A year after the crash, financial giants are making millions again.
A hundred years ago, people angrily compared the House of Rothschild to a giant octopus with its tentacles wrapped around the U.S. economy. Today it's the turn of Goldman Sachs to be likened to a "great vampire squid." To understand why, you need to go back 12 months.

The Lehman bankruptcy was in fact only one of seven events that, in the space of just 19 days, signaled the end of an epoch...

The likelihood is that the most important flaw in our financial system will not be addressed. That flaw can be summed up in a single phrase: banks that are "too big to fail." Let's call them the TBTFs.

-full article

Victor Lloyd Smith

Millennium Lyon Asset Management

Legacy Capital Book :: Get your copy

Amazon.com, Barnes & Noble, I-Pod/MP3, e-book

European Banks Over-Exposed to Credit Default Swap Risk

European Banks Still Exposed to Credit Default Swap Risk

It's a big mistake to assume that bank balance-sheets across Europe have already seen the worst as the global economic recovery enters its sixth month.

Credit default swaps, contracting bank lending, tepid consumer spending and regional woes in Central Europe all pose ongoing threats to a sustainable recovery in Europe.
-full article

CDS Meltdown and The End of the Carry Trade

CDS Meltdown and The End of the Carry Trade

Over 700 banks (with trillions of dollars in assets) will come crashing to the ground. Hundreds of hedge funds will collapse, along with a number of major private equity firms. Corporate bankruptcies will soar. And another $20 trillion will be wiped off global stock markets. And no amount of Fat-Chance Packages or Bailout Band-aids from the Fed will help this time.

But this one bombed-out investment (that's been trading at depression level prices for 18 years now) could soar two to ten fold as the world comes undone.
- full article

US Dollar Is The New Carry Trade

The New Carry Trade: Is Dollar (USD) the new Yen (JPY)?

Dollar Diminishing Makes U.S. Favorite for High-Yield

The U.S. Dollar Index fell last week to the lowest level in a year as price swings in foreign exchange declined, encouraging investors to borrow greenbacks at record low interest rates and buy assets in countries offering yields as much as 8.1 percentage points higher than U.S.. deposit rates. Borrowing costs in dollars as measured by London interbank offered rates fell below those of yen and Swiss francs for an extended period for the first time since 1994 during the past three weeks.

Borrowing dollars and then selling them is adding pressure on a currency that's already weakened 14 percent since March...
- Bloomberg

How to profit from a weak USD Dollar (USD)...
- Buy Yen ETFs (JYF or FXY)
- Buy Silver ETFs (SLV)
- Buy Gold ETFs (GLD)

Victor Lloyd Smith

Millennium Lyon Asset Management

Inflation Watch (Aug-Sep 2009)

Inflation Watch (Aug-Sep 2009)

U.S. August producer-price index rose 1.7%
Core rate up just 0.2% in August

U.S. producer prices rose 1.7% in August, the Labor Department reported Tuesday, powered by the biggest gain in energy prices since November 2007.
- full article

Wholesale-level inflation was surprisingly strong.
Also, U.S. producer prices rebounded sharply last month on the back of rising gasoline and other energy costs, though core prices posted only a slight gain. Price pressures deeper in the production pipeline moved up, as well, suggesting the possibility of higher prices down the road. The producer price index gained 1.7% in August, while core wholesale prices climbed 0.2%.
- Wall Street Journal

How to profit from rising inflation in the US
- Buy Commodity based ETFs (read our Investor Alerts)
- Buy Silver ETFs (SLV)
- Buy Gold ETFs (GLD)

Victor Lloyd Smith

Millennium Lyon Asset Management

Bring Customers to Your Door

Bring Customers to Your Door

Do you have a specialty skill, service or passion?

Did you know, you can earn additional revenue running a Virtual Service Solution Company.

What is a Virtual Service Solution?

Virtual Service Solution Company means you (your company) sell your expertise to support large companies. You become the outsource (low cost) solution provider. This works extremely well for sales and customer service programs. They hire you (your company & team) to field customer calls. INBOUND CALLS. Direct connections to new customers.

Using the right business service platform, you can

1) Diversify your business revenue

2) Create a baseline income for your company (or home-based business)

3) Get direct access to new customers (INBOUND calls)

4) Setup your company 100% (Protect your personal, family assets)

5) Hire new certified professionals to expand your Virtual Service Solution Company

For more information and your Virtual Service Solution - Information Kit, contact us directly.

Millennium Lyon - Business Builder Solutions

www.mlgcap.com

All the Best

Victor Lloyd Smith

Millennium Lyon Asset Management

More OTC Derivatives for Electronic Clearing

Banks agree to route more derivatives through clearinghouses

JPMorgan Chase, Barclays, UBS, Citigroup and several other major financial institutions agreed to accelerate their use of central clearinghouses for over-the-counter derivatives. The banks said they will start sending more credit default swaps and interest-rate derivatives through clearinghouses in October and December, respectively. The move comes as regulators in Europe and the U.S. aim to clamp down on the $450 trillion market.
- Reuters

New Interest in Life Settlements "Death Bonds"

"Death Bonds" come back from the dead

After the mortgage business imploded last year, Wall Street investment banks began searching for another big idea to make money. They think they may have found one. Life Settlements - they plan to "securitize" life insurance policies, in Wall Street jargon, by packaging hundreds or thousands together into bonds. Banks will then resell those bonds to investors, like big pension funds, who will receive the payouts when people with the insurance die.

- NY Times

Maybe we'll even see the return of premium financing for Life Settlements deals.

-Victor

Victor Lloyd Smith

Millennium Lyon Asset Management