‘Reverse Bonus Checks’ Drain Wall Street Bank Accounts

New York -- The global economic crisis has finally caught up with Wall Street insiders who triggered it. They are discovering that their traditional year-end compensation is lowering the balance on their bank...

UK Banks downgraded by Moody's rating agency

On Thursday 6th October 2011 Sir Mervyn King the Bank of England's governor expressed fears that Britain is in the grip of the world's worst ever 1930s-style shortage of money financial crisis, after the Bank of...

Cyber security plan proposed by White House

The White House has unveiled radical legislation to protect the US from hackers, criminals and spies in what will be the country's first such plan. White House officials said quite bluntly that America's public safety, its national security and its economic prosperity are all...

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...

How you Can Avoid Foreclosure

" People who understand the entire process like a foreclosure lawyer can save a lot of time. Now is the right time for you to do a reality check about your financial condition. Some homeowners do not notice that they are already at risk of getting behind their...

Reorganization of MN Judicial Reform & Accountability TEA Party

This is an except from an article I wrote on Examiner.com: Announcing the Reorganization of Minnesota Judicial Reform and Accountability TEA Party.  Don Mashak, the leader of Minnesota Judicial Reform and Accountability TEA Party has announced a name change and...

Wall Street Bailout Returns 8.2% Profit Beating Treasury Bonds

" According to Prins’s tally, the money plowed into the financial system to prop it up peaked at $19.4 trillion. The U.S. government’s bailout of financial firms through the Troubled Asset Relief Program provided taxpayers with higher returns than yields paid on 30- year...

Foreclosure freeze/moratorium coming soon?

It is unacceptable today the number of signatures on benefits cheats and talks of buying and selling houses. Finally the banks have launched an investigation into the case. " It is simply inexcusable that proper oversight proceedings were not in place, especially when...

Can I Get Financial Help to Stop Foreclosure?

Get financial help to save your home and stop foreclosure. "There are a lot of resources out there these days for those looking for financial help to stop foreclosure. We'll outline some of them here, so that you...

Is financial crises precedence for economic crises?

In 2008 and 2009, the financial crises in USA was taken as precedence for the economic crises in USA and many other countries of the world. But is financial crises always precedence for economic crises? Why not economic crises as precedence for financial crises? In...

US Drone attacks 7 kill in N Waziristan

US Drone attacks 7 kill in N Waziristan, Pakistan News :- The suspected US Drone attacks have killed at least seven people in North Waziristan on Friday."Three missiles were fired over a village, Paikhel, some 30...

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...

‘Financial panic' over, Warren Buffet says

" Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression. “The financial panic is behind us,” said famed...

Payday Loan New Rules Nov 1, 2009 For BC, Canada

New rules for payday loan companies take effect in British Columbia on November 1, 2009. A payday loan is usually less than $1500 borrowed for up to 62 days,and it is unsecured debt. The borrower is usually asked to provide a postdated cheque or a preauthorized debit form...

7-Step Financial Recovery Plan

Every investor were caught by surprise by the recession. I found this article very helpful when it comes to recover from the damages to your investments and savings: "The stock market crash leading to the recession at the end of 2008 caught many by surprise. If you’re among...

closeSign in to NowPublic

is reporting from