Archive for the ‘BREAKING NEWS!’ Category
Thursday, November 5th, 2009
I don't know how I was able to force myself to watch," Inside the Meltdown" on the Frontline. It was a propaganda piece is dressed up as a documentary and carried a partyline up-and-down so much you'd be forgiven for thinking that it was written by Paulson, Bernake, and ...
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Tuesday, September 29th, 2009
By Teri Buhl for BankImplode.com
The developer of Bonita Bay Club, an exclusive golf community on Florida’s west coast, is using aggressive tactics to get the club’s members to pay off his debts and save him from bankruptcy, according to some disgruntled investors. Questions continue to swirl regarding whether the club’s ...
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Tuesday, September 22nd, 2009
Bank of America is taking the hard line at every turn with the government whose citizens saved it. The bank is the recent recipient of a two bagger of cash transfusion from the taxpayer, in one arm went $45 billion under TARP and in the other arm was a $118 ...
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Sunday, September 20th, 2009
This old geyser tried to take a little back. Too bad he got caught.
Think of it this way, the money he could not repay came from thin air, the cash he stole was just Federal Reserve notes, not US dollars, but by not repaying the fictional money he is going ...
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Thursday, September 17th, 2009
With word that green shoots sprouting up all over the road ways and side walks, Ben Bernanke's shrill statement that the "recession is likely over" could almost trick some one into believing all the hype.
Federal Reserve Chairman Ben Bernanke said Tuesday that the recession was "very likely over," as consumers ...
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Thursday, September 17th, 2009
Wells Fargo’s Commercial Portfolio is a ticking time bomb
By Teri Buhl
In order to sort through the disaster that is Wells Fargo’s commercial loan portfolio, the bank has hired help from outside experts to pour over the books… and they are shocked with what they are seeing. Not only do the ...
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Wednesday, September 16th, 2009
Someone had better get word to Judge Jed Rakoff fast because he screwed up yesterday when he refused to go along with a cozy little settlement that had been worked out between Bank of America and the Securities and Exchange Commission. That sweet deal was a cover up in which no ...
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Tuesday, September 15th, 2009
Much has been made in the mainstream financial media of the difference between Bear Stearns and Lehman Brothers, and the shrill question still arises: "why save Bear Stearns and let Lehman Brothers fail?" The question is quaint, of course, to those in the know. Bear Stearns was no more saved than ...
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Friday, September 11th, 2009
You can now be sure that the Obama administration mini bubble is fully inflated and set to pop. Morgan Stanley Chief Executive Ass Wipe, John Mack, is stepping down, signaling the end of the ponzi crash dive.
Mack will be replaced by retail brokerage head James Gorman, in an attempt to ...
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Thursday, September 10th, 2009
Although its namesake John Pierpoint Morgan owned less than 20% of J.P. Morgan & Co, he certainly understood the business model passed on to him by the company's true owner, Mayer Amschel Rothschild.
That same model, steeped in fraud and soaked in blood money, is still at work today. Mayor Rothschild, ...
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