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Houses of God Turn to Chapter 11 in Book of Bankruptcy
Amidst a nationwide recession, financial credit meltdown and foreclosure crisis, churches also are praying that they can meet their next mortgage. "The era of easy credit has begun taking its toll on even the... Banks and Consumers Brace for New Credit Card Rules
The US credit card industry may face a day of reckoning on Thursday. "The Federal Reserve is to vote on credit card reforms that may bring some relief to customers who face a variety of ways for being hit with late...
created by Mary Richard | 3 years ago | updated 3 years ago
342 views | 48 recommendations | 5 comments
342 views | 48 recommendations | 5 comments
Pound rebounds despite Osborne's warning
Despite predictions that the British pound would take a sharp fall today because of comments by Tory shadow chancellor George Osborne on saturday, the pound opened trading slightly up against the dollar, causing many to breath a sigh of relief - for now. The pound remained...
created by Dave Keating | 3 years ago | updated 3 years ago
104 views | 0 recommendations | 0 comments
104 views | 0 recommendations | 0 comments
How to protect yourself in a recession
"Here are some things you can do to protect yourself in a recession:Debt: The government, and Americans as a whole are carrying large sums of debt. The fact is that you can't get to prosperity by borrowing. However, that has not stopped the federal government from increasing... Bank of Japan cuts key interest rate
"Friday October 31, 2:18 am ET By Tomoko A. Hosaka, Associated Press Writer Japan's central bank cuts key interest rate to 0.3 percent in close vote; first cut in 7 years TOKYO (AP) -- The Bank of Japan voted Friday to cut its key interest rate for the first time in more... Deutsche Bank Sold Massive Amounts of Phantom Stock
" delivery records,” there were “only two failures to deliver.” So Deutsche Bank systematically failed to even locate the stock that it sold, but the NYSE isn’t calling it “naked short selling,” and...
created by RoryKearney | 3 years ago | updated 3 years ago
1228 views | 1 recommendation | 6 comments
1228 views | 1 recommendation | 6 comments
Naked Shorts locate stock "yeah, I located it, it’s in your mother’s wig!”
Geraldo Rivera lost two vintage 1954 Jaguars he kept the garage, to a fire at his North Shore home. "He said the garage, which is attached to his house, was owned by a resident who lives across the street". (bite... 747 views | 3 recommendations | 0 comments
The Naked Short Selling That Toppled Wall Street
A friend of mine put this new one dollar bill together. Another friend says that if we don't act and get involved soon we will be paying $15 for a container of milk. This is serious folks. Everybody needs to... 2571 views | 0 recommendations | 0 comments
Sarah Palin: fiscal management not her thing
Other than trying to fire the librarian for not banning books, Sarah Palin administered Wasilla, a town with no sewage treatment plant and zero debt, into a town with no sewage treatment plant and $22 million... Wife Mortgaged to Loan shark
We have heard of excesses of loan recovery agents. But in a shocking incident in India's eastern state of West Bengal a man was forced to keep his newly married wife as mortgage after failing to repay loan. "You could call it Bengal’s heart of darkness. Unable to... Property bubble leads to crash landing
Bryan Kavanagh has done the math! He shows that rises and falls in the economy follow those in the property market by 12-24 months. –Read the entire article, and many more articles on this subject, on the...
created by Maireid Sullivan | 3 years ago | updated 3 years ago
739 views | 2 recommendations | 1 comment
739 views | 2 recommendations | 1 comment
Night of the Living Fed
"Night of the Living Fed
Paul Krugman is writing about The Face-Slap Theory."The scariest thing I’ve read recently is a speech given last week by Tim Geithner, the president of the Federal Reserve Bank of New York. Mr. Geithner came as close as a Fed official can to... Corps needs 10 Square miles, 20 ft deep, of clay for Levees
"Tuesday, December 11, 2007 By Sheila Grissett St. Bernard residents who fear that their property will be cannibalized to help feed a voracious demand for levee-building clay were assured by Army Corps of...Turning Pain to Gain - Naomi Klein
Naomi Klein in one of those remarkable people who make us think in a different way. She makes us look at what we are doing and questions entrenched believe systems. In her book No Logo for instance, she...British banks shun £10bn cash auction
"British banks shunned the Bank of England’s auction of three-month money on Wednesday, submitting no bids to borrow the £10bn on offer. The dearth of demand for three-month cash – a market that has been strained of late – was the result of “a significant fall in...NowPublic on Facebook
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