Truemors
-1.jpg){kind=small}
is reporting from
Member
NP Rank:
NP Rank:
Clear the deck at Bank of America
Laying off 30,000 workers and changing the leadership sound like good ideas. Free up some capital and get the lending going. " “Bank of America Shuffles Investment Bank Leaders Written By Jennifer Booton... Next Crisis: The ECB-induced Sovereign Debt Bubble
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited" As 2011 came to a close and in the first months of 2012, the European Central Bank (ECB) initiated a massive injection of liquidity into Europe’s embattled banking system. The ECB provided 3-year... China: On the Way to a Deflationary Crisis
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited"Consumer price inflation in China is down to 4.2%. The growth rates of industrial production (output), exports, and imports are all down. China is on the path to deflation. Mounting sovereign debts crises... Macedonian Banks are Safer than West Europe's Banks
By Sam VakninEditor in Chief of Global Politician Even under the best case scenario (in which banks take a 50% haircut on the credits they have extended to profligate Greece, but there is no default) French, Italian, German, and Austrian banks run a collective capital... Bank of God to End the World’s Debt Crisis
The Vatican - The prayers of the world’s bankers and investment firms have been answered. The Bank of God has agreed to cover all global debt in exchange for what God is calling “The Ten Commitments.” “We... Warren Buffett on Banking Reform
Warren Buffett It's the Same Banking Crisis, Stupid!
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited" The crisis that started in 2008 is a banking crisis and it is still going strong. Banks all over the world over-leveraged their capital and extended loans unwisely to the undeserving. American financial ... Kellan Lutz Rents in Venice
The age-old question of renting versus buying has been asked for generations now, and while now is definitely a buyer’s market, some in the marketplace are choosing to rent instead – including, surprisingly,... A Unique Way to Clear Foreclosures From the Neighborhood, Literal
With an estimated two million homes in various stages of foreclosure today, the real estate market is struggling to restore some semblance of normalcy. Typically, banks – inundated with scores of foreclosures on... Money Laundering in A Changed World
By Sam Vaknin Editor in Chief, Global Politician If you shop with a major bank, chances are that all the transactions in your account are scrutinized by AML (Anti Money Laundering) software. Billions of dollars are being invested in these applications. They are supposed to... Buying a Home? Read these Essential Tips on Avoiding Foreclosure
Many people across the nation are still at a loss for words when it comes to the number of foreclosures that are backlogged or already on the market. Despite the shock, some states have started to show some... Bank of America to Triple the Number of Mortgage Outreach Centers
Partly in response to public criticism and to comply with consent orders signed last month, Bank of America, the largest mortgage service in the nation, will triple its number of outreach centers. The bank will... Infinite Freedom Foundation Proposes Fannie Freddie Mergers
Infinite Freedom Foundation Proposes to Consolidate Fannie Mae and Freddie Mac and Wind Down Interest Bearing Housing DebtBy Alex S. GaborAre you better off today than you were two years ago? There is 18% more money floating around the planet in dollar terms alone than there... Basel III and the Safety of Banks
By Sam Vaknin Author of "Malignant Self-love: Narcissism Revisited" In the wake of the Great Recession (2007-8) – a crisis largely of the financial system – the multinational Basel Committee and the Group of Central Bank Governors and Heads of Supervision, comprised... Now's The Time: BNY Mellon Gets Down With Jazz Musicians
In our current economic plight in the banking industry, BNY Mellon of New York, well, is doing some pretty cool things. In addition, to actively exploring Far East Exchanges and other activities to stay solvent and... NowPublic on Facebook
Recent Comments
Top Members Today
Top Veterans
Top Rookies
