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All posts tagged "Financial"

'Not a lot of escape routes': Reporter shines light on Trump's 'dire' financial problems

'Not a lot of escape routes': Reporter shines light on Trump's 'dire' financial problems

Former President Donald Trump's finances are crumbling, Atlantic reporter David Graham told MSNBC's Katie Phang on Wednesday — and there aren't a lot of ways he can get out of the crisis he's in.

This comes as Trump has been slammed with a double whammy of an $83.3 million judgment in the E. Jean Carroll defamation case and a $464 million judgment in the Trump Organization civil fraud case — which is likely more than he has in liquidity.

"Look, let's speak frankly, right?" said Phang. "How dire is Trump's financial situation at this point?"...

Michael Lewis on Greek default: It would be ugly for awhile

Michael Lewis on Greek default: It would be ugly for awhile

Financial journalist Michael Lewis appeared Monday on MSNBC's The Rachel Maddow Show to explain Europe's financial crisis and how it could effect the United States. He said that if Greece defaults on its debt and abandons the euro, countries across Europe may be forced to bail out their own banks -- which many countries cannot afford to do.

Congress nixes chance of Obama recess appointments

Congress nixes chance of Obama recess appointments

WASHINGTON (AFP) – Republican senators on Friday forced the US Senate to stay in session over its week-long Memorial Day break in a bid to prevent President Barack Obama from nominating a controversial head of a new consumer protection bureau.

U.S. denies considering tougher visas for Chinese officials

U.S. denies considering tougher visas for Chinese officials

WASHINGTON (Reuters) - The U.S. State Department denied a newspaper report on Wednesday that Washington could respond to a series of Chinese diplomatic snubs by making it more difficult for senior Chinese officials to secure visas.

US regulator warns of Facebook pre-IPO scams

US regulator warns of Facebook pre-IPO scams

WASHINGTON — A US financial regulator warned investors on Tuesday to be wary of con artists peddling non-existent shares in social media companies such as Facebook ahead of their going public.