July 2: FDIC Closes Seven US Banks, List of Closures

The FDIC (Federal Deposit Insurance Corporation) closed seven U.S banks on July 2nd, and all of them have been closed without notice to the public. This brings the list of bank failures this year up to 52.This is the most bank failures in one day. A complete list of FDIC Bank...

How do we know Banks are lying about its Financial Position

The Dow fell 1.71% and the S&P fell 2.01%, followed by the Nikkei down 1.1% and European bourses down by a smaller amount this morning. The leader was the financial sector, the very thing that had inspired rallyettes earlier. The WSJ names JPMorgan, among others. To be...

The Penny King Advising the Bank of England and Foreign Kings to Dump U.S. Ba...

The Penny King recently was reported to be advising "The King of Saudi Arabia", the "King of Morocco", and the Bank of England to trash American Banking stocks, bonds and the U.S. Dollar even further,...

Ban on US Banks in Real Estate Approved by Senate

Real Estate News "On Thrusday, the Senate Appropriations Committee approved legislation that would permanently ban U.S. banks from engaging in real estate activities, a protection long sought by the real estate industry."

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