The International Institute of Nonviolence News&Opinion By: Rev. Jermano 158 year old Lehman Brothers filed for chapter 11 Bankruptcy today with 60 billion in debts, and Bank of American has offered to...
opinion by djermano | 4 years ago | updated 4 years ago 553 views | 14 recommendations | 2 comments
A volatile mix of bankruptcy notices and buyouts from some of the most well-established investment banks and insurance companies in the world this morning led to widespread market crashes across the globe....
It's bloodbath in stock market everywhere. The meltdown started after one of biggest investment bank on the Wall street Merrill Lynch was bought over by Bank of America. Merrill Lynch, the Wall Street investment...
created by Sanjay Jha | 4 years ago | updated 4 years ago 251 views | 0 recommendations | 0 comments
European markets are not reacting well to the news that Lehman Brothers and Merrill Lynch are filing for bankruptcy and are not going to be bailed out by the US government. Across the continent, the markets are taking a dramatic dive. This does not bode well for Wall Street...
created by Dave Keating | 4 years ago | updated 4 years ago 249 views | 14 recommendations | 2 comments
"Lehman Bros files for bankruptcy"The fourth-largest investment bank in the US, Lehman Brothers, has said it will file for bankruptcy protection, amid a growing global financial crisis. Lehman had incurred losses...
After yet another weekend of frantic behind the scenes negotiations, those in the know say Lehman's will declare bankruptcy, the largetst banking institution to do so since the collapse of Drexel Burnham, 18 years...
created by Emilio Lizardo | 4 years ago | updated 4 years ago 718 views | 34 recommendations | 5 comments
Evidently, once one of Detroit's Big Three declares bankruptcy, then the other two will be forced to do the same, just to remain competative with the first one to declare! In an effort to avoid this very...
created by Emilio Lizardo | 4 years ago | updated 4 years ago 1059 views | 29 recommendations | 20 comments
If you thought that the only ones severely affected by the foreclosure crisis are the lenders and distressed homeowners, you are in for another surprise. It would seem that even the low income renter are suffering...
created by cassy82 | 4 years ago | updated 4 years ago 244 views | 2 recommendations | 4 comments
"Affordable health care has become a consistent struggle for Americans, a new study reveals. More than 79 million Americans admit to having problems paying for their medical bills. Also, 61 per cent of those with medical debt are insured. ""61% of those with medical debt are...
Less than two hours before her home was scheduled to be auctioned, a Massachusetts woman decided to commit suicide by shooting herself. This unfortunate news shocked Americans and forced many to think if it is a...
created by cassy82 | 4 years ago | updated 4 years ago 353 views | 0 recommendations | 2 comments
Former NFL star quarterback Michael Vick, who is currently serving a two-year sentence on dogfighting charges, has filed for bankruptcy protection, claiming that he owes up to $50 million in creditors.It's...
I guess that whole SUV thing was a bit short sighted..."DETROIT (Reuters) - General Motors Corp (GM.N) will need to raise as much as $15 billion in cash to shore up liquidity and bankruptcy is "not impossible"...
created by mtippett | 4 years ago | updated 4 years ago 286 views | 7 recommendations | 3 comments
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,...
created by AlexSGabor | 4 years ago | updated 4 years ago 411 views | 0 recommendations | 0 comments
" Of course, the irony of the 1970’s episode may not have been lost on the next generation of Hunts. They did indeed select one of the best possible investment strategies for that decade, and if they had not gotten too greedy with margin trading their position would have...