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,More impressive is its location as it is just a few miles from the Canadian border.This well is a 30 stage frac, which is four more stages than its previous wells.South McKenzie County has had some middle Bakken success, but nothing like the northern part of the county.The upper Three Forks would seem to improve to the south and east, creating opportunities in south east McKenzie and southwest Dunn counties.The upper Three Forks thickens further into northern Billings and western Stark counties.Whiting (WLL) is very active in this part of the Williston Basin.It has 118000 net acres and of its 44 wells in the Lewis Clark, it has an average IP rate of 1312 Boe/d.
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,GECC simply doesn't fit into GE anymore.The main benefits of GECC being part of GE have dissipated in recent years.GECC is no longer earning anywhere near the profits it once did, as it has been drastically downsized in an effort to reduce earnings volatility.Another benefit of having it in-house was that the industrial business had a ready-made lender flush with cash to lend to GE's other businesses and its customers.With the new Fed oversight, these actions would be seriously scrutinized and most likely significantly reduced.In other words, why does GE still want to own GECC?I wrote a series of articles on each of GE's businesses last November, and when I wrote about Capital, I posited at the time that its standalone value was about $89 billion.
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,The former is presently in a quasi-pivotal Phase III trial in glioblastoma multiforme.That blogger is the renowned Adam Feuerstein.Aman Buzdar of MD Anderson took it upon himself in an interview with Mr.Feuerstein to criticize NW Bio for issuing those early press releases glorifying DCVax-Direct success, characterizing them as "extremely unusual and inappropriate".Should Dr.Buzdar have been speaking without the encouragement of those in authority above him, he would no doubt have been censured.However, in the absence of this, we are left with the stark reality of a critique delivered not from a disgruntled pundit, but from perhaps the most prestigious institute of cancer research worldwide:MD Anderson was not involved in the decision to disclose the study information prior to the completion of the research.
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,C Loans in the US and large Banks, according to recessionsThe contraction today has been faster and harsher than those experienced in previous recessions.(Click to enlarge)And, for the icing on the cake, the Money Multiplier, as defined by the St.Louis Fed: The M1 multiplier is the ratio of M1 to the St.Louis Adjusted Monetary Base.Money Multiplier of the Saint Louis FEDA nightmare of inefficiency with respect to the money supply arm.What happened to V? (Click to enlarge)As such, we have no reason to be surprised by the latest comments by Chicago Fed President, Mr.And, to wrap up, only China is confronted by the opposite problem (for the time being), as authorities try to resolve their Minsky ladder problem by administrative means:A number of commercial banks have temporarily suspended loans to local government finance vehicles, the official China Securities Journal reported Monday.
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,The profits are returned as dividends to the local government.German researcher Margrit Kennedy calculates that a whopping 40% of the cost of public projects, on average, goes to interest.Publicly-owned banks slash borrowing costs by returning this interest to the government, along with many other advantages, detailed here.Unshackle the Hostages and Let the Good Times Roll The fiscal cliff has been said to be holding Congress hostage to conservative demands, but the real hostages are the debt slaves of our financial system.The demand for responsibility has been used as an excuse to impose radical austerity measures on the people, measures that benefit the 1% while locking the 99% in debt.
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