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Sketchy Santa Holds Up Bank "To Pay His Elves"

A man dressed up as a decidedly sketchy Santa held up a bank in Nashville, Tennessee citing, in the third person, "Santa needs to pay his elves." Donning a traditional Santa outfit of a beard, a red and white jump...

German 'Robin Hood' Banker Receives a Short Sentence

The German "Robin Hood" banker who was charged with moving more than $11 million between people's bank accounts will only receive a 22 month suspended prison term.  She moved money from rich peoples bank...

Restore Money Creation to the People- The Power Belongs to Us

George Washington discusses the need for a new model for our monetary system and looks at some alternatives. One noteworthy model that has already proven successful: the State of North Dakota is the only one in the...

Belgian Bank Robbers Blow Themselves Up

Two aspiring bank robbers accidentally blew up the bank and themselves in Dinant, Belgium, on Saturday morning. The two robbers are believed to have pumped gas into the bank building through its mail slot, then lit it on fire before they managed to get far enough away. The...

Turning Street Children into Entrepreneurs

" The UN estimates that 500 million people around the world are homeless, and UNICEF estimates India alone has 11 million homeless children on its streets (though it is difficult to pin down the figure). In order...

Norway Towns Sue Citi Over Losses

Seven Norwegian municipalities are suing Citigroup Inc after losing millions of US dollars on investments. The towns are seeking $200 million in damages together with Norwegian firm Terra Securites. Terra bought the structured notes from Citigroup in May and June 2007, and...

Bank Secret Fees

""One of most dangerous things going on with consumers is they are not paying attention to the variety of ways they are paying. They are balancing money back and forth because it's too hard to account for....

$100, 000,000,000,000 Banknote.

"To deal with hyperinflation that reached the ludicrous level of 231 million % and saw the price for a loaf of bread hit 300 billion Zimbabwean dollars, Zimbabwe issued a $100 trillion note in early January. (One...

Seattle Bank Teller Fired for Chasing Robber

Jim Nicholson, a teller at Key Bank in Seattle, has been fired for going after a would be robber. " After more than two years working as a teller at the Key Bank branch in Lower Queen Anne, Nicholson clearly...

Niger Crisis escalating after EU suspends all aid to the Country.

By, Uwe Paschen. E.U. Suspends all aid to Niger and freezes all accounts. After Failure of the Niger Government to comply with EU demands as reported in an earlier post. (See links at the end of this post.)...

There is a Storm Brewing Part I

I have tried to share my account of the politcal dynamic that brews in this part of the Middle East. This is part one of a two part article that I have been working on of late. Enjoy. " There is a storm brewing and we are all waiting, wondering where and when it will begin...

Death-plunge mystery of City's whizkid - Bush's UK dummy?

" To his friends and family he was already a spectacular success - apparently heading for the summit in the bruising world of finance. Oxford graduate Anjool Malde was about to celebrate his 25th birthday and...

Is this the End of Capitalism in Germany?

By, Uwe Paschen. Could this be the beginning of the end for Capitalism?  On Saturday another demonstration took place with an  estimated 100,000 Workers marching through Berlin in protest and anger. Stating on...

Obama presses Israel, Palestinians on West Bank

" WASHINGTON – Gingerly trying to advance Mideast peace, President Barack Obama on Thursday challenged Israel to stop settlement construction in the West Bank on the same day the Israelis rejected that demand....

NZ hunts accidental millionaires

" Police in New Zealand are searching for a couple who disappeared after a banking blunder deposited NZ$10m (£3.9m, US$6m) in their account. The couple had applied for a NZ$10,000 overdraft but received NZ$10m in their business account instead, part of which they withdrew,...

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