Lehman Brothers Center of the Economic Turmoil | ForexGen News

Monday, November 10, 2008

The F.B.I. has now opened preliminary investigations into possible fraud involving the four giant corporations at the center of the recent turmoil — Fannie Mae and Freddie Mac, Lehman Brothers and the American International Group, The Associated Press reported.

Senator Patrick J. Leahy, the Vermont Democrat who leads the committee, told Mr. Mueller that “obviously everybody’s concerned where the U.S. government’s on the hook” for up to $1 trillion in bailout costs.

“And if people were cooking the books, manipulating, doing things they were not supposed to do, then I want people held responsible. And I suspect every American taxpayer — I don’t care what their political background is — would like them held responsible,” he said.

Forex Traders are yelling calling for help from sinking in the forfeiture sea. This is of course due to the poor level that dollar has reached after we used to mostly depend on using it in our trades. All currency pairs contain USD whether as a base or counter currency are suffering fluctuation because of the bad conditions the dollar was suffering. However, as ForexGen has the greatest trading station and financial analysts, ForexGen presents provides all clients with the best solution for this problem. After deep analysis and continuous studies, ForexGen can provide its clients with the best timeframe to perform their trades. And because ForexGen cares for the financial asset of its clients and because ForexGen seeks the general benefit for all, ForexGen experts were making their studies and updating for their analysis every hour to help ForexGen sending the right time for ForexGen clients to perform their trading activity successfully. And hence, the majority of ForexGen clients could safely pass this bad period.


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