Archive for the ‘BREAKING NEWS!’ Category
Monday, July 30th, 2012
Originally Posted at GoldMoney.com
Contributed by Alasdair MacLeod
Within the eurozone there are great stresses. At one extreme there are punitive costs of borrowing for Greece, Cyprus, Portugal, Ireland, Spain and Italy; at the other there is zero or negative interest rates for Germany, the Netherlands and Finland. Doubtless the first group ...
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Sunday, January 22nd, 2012
Contributed by Retired Attorney Joe Zingher , Chicago, IL
The banking industry has a problem that they’ve been keeping covered up for a long time and it’s got nothing to do with mortgages but everything to do with Natasha Cleary and her two small children.
Every so often, someone is forced to ...
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Saturday, July 16th, 2011
Originally posted at Stockmarket-Implosion.
JPM did earn a second quarter profit, in case there was any doubt. The company posted a net income of $5.43 billion on revenue of $28.6 billion.
JPMorgan Chase & Co. (JPM), the second- largest U.S. bank, said net income rose 13 percent, higher than analysts estimated, as ...
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Thursday, May 26th, 2011
Here at BankImplode we are running an "enhanced" pickup of a DealFlow piece (subscription or one-time purchase required) reported by Teri Buhl in the May 24th, 2011 Distressed Debt Report. We are including a copy of the affadavit of Fred DeCaro Jr., the former Chairman of the bank ...
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Thursday, May 19th, 2011
Originally posted at Stockmarket-Implosion.
Before the credit bubble exploded in the summer of 2007 JP Morgan was considered on the Street to be something less than the beat up red headed stepson to that more glamorous house of Morgan, Morgan Stanley. Since then the other Morgan's, J. P., fortunes ...
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Sunday, February 20th, 2011
Originally posted at Stockmarket-Implosion.
Nothing better illustrates the snake eating its tail that has become the American economy better than the news that the nice boyz and girls over at J P Morgan has a food stamp monopoly in 26 states and the District of Columbia. Since Morgan gets a cut ...
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Thursday, October 28th, 2010
Steve Dibert, MFI-Miami
The other morning while I was eating my eggs and venison hash, I was watching reruns of The Sopranos on the A&E network. It was the episode when the whole crew decides that it may be time to do an intervention with Christopher about his ...
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Monday, October 18th, 2010
Steve Dibert, MFI-Miami
Since starting MFI-Miami over two years ago, I’ve seen a lot of craziness in regards to foreclosure rescue. Matter of fact, you could call it the wild, wild west in Florida and with the recent exposure of robo-signers in the mainstream media, it’s only gotten ...
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Monday, September 27th, 2010
From Steve Dibert, MFI-Miami
Several months back I wrote an article about Lynne Lucas, a client of MFI-Miami who had been put through a living nightmare by Bank of America when she attempted to negotiate a loan modification. Last week, Ms. Lucas’s attorney, William Maxwell filed a lawsuit in Oakland ...
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Friday, September 3rd, 2010
Originally posted at Stockmarket-Implosion.
"Inflation is always and everywhere a monetary event," so sayeth Milton Friedman. Following this intellectual tradition, recently Mish and other analysts define inflation as an increase in the money and credit supply. They then point to a myriad of the examples of the deflation they claim that ...
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