Archive for the ‘BREAKING NEWS!’ Category
Wednesday, September 9th, 2009
Is this the shot to be heard round the world in the coming debtor revolt? Even as the new hope Obama asks you to go deeper into debt to the banksters, an angry new kind of debtor is emerging, and here she is. I believe she is acting on principal, but ...
Posted in BREAKING NEWS! | No Comments »
Wednesday, August 26th, 2009
Bank of America continues to plod through the aftermath of the credit bubble burst like an old, overburdened pack mule. With red ink still dripping on the bridle, Bank of America pushed out a $3.2 billion second quarter profit, largely on the back of one time gains.
One-time items included ...
Posted in BREAKING NEWS!, Bank Bailout Count | No Comments »
Tuesday, August 18th, 2009
Citigroup lingers in a limbo, caught in the cross currents of continuously re-balancing forces. The force of survival, with its impetus of taxpayer bail-outs, insider connections and drug money laundering by the trillions, threatened at every moment to be buried by an avalanche of imploding annihilative assets.
The reported $4.28 billion profit ...
Posted in BREAKING NEWS! | No Comments »
Friday, August 7th, 2009
by Teri Buhl for BankImplode.com
The smart money has turned bearish on Wells Fargo again.
Yesterday, rapid put volume and big block buys on the September 26 strike price had hedgies buzzing. On Thursday, WFC traded 87,500 calls against 194,000 puts for a 2.20:1 put/call ratio. That type of unusually high ...
Posted in BREAKING NEWS! | 1 Comment »
Thursday, July 23rd, 2009
The mainstream financial press is outed and they are going after the bloggers. Yes, that's right. The scum in the mainstream media are now going after the bloggers, the very people who were ignored when they got it right about the housing and credit bubble. You gotta be able to ...
Posted in BREAKING NEWS! | No Comments »
Wednesday, July 22nd, 2009
Wells Fargo swaggered like a gunslinger into it's fiscal second quarter 2009 earnings reporting session and when the smoke cleared the bank had shot out a $3.17B profit on revenue of $22.5 billion. The profit increased 81% and revenue doubled and together could be used by Wells Fargo to ...
Posted in BREAKING NEWS! | No Comments »
Wednesday, July 22nd, 2009
JP Morgan continues to reap the benefits of an investment made at Jekyll Island nearly a century ago. And as the credit crisis roils in this new century, JP Morgan ruthlessly applies a business plan as timeless as it is corrupt, thereby reaping instant investments gains at the expense ...
Posted in BREAKING NEWS! | 1 Comment »
Thursday, July 16th, 2009
Goldman Sachs is imploding right before your very eyes -- though they do not see. The gale force winds blown by the mainstream financial media over Goldman Sachs' second quarter profits cloud the fact and confuse the issue. The fact is Goldman Sachs, in its rapacious quest for profits, is ...
Posted in BREAKING NEWS! | No Comments »
Thursday, July 16th, 2009
Below: Clips from SSB's marketing material, touting the "divine" origins of the bank.
As questions swirl over a small Kansas-based bank’s future, one question in particular looms largest: how could regulators have let this happen?
An Investigative exclusive By Teri Buhl, reporting for the Implode-o-Meter
Executives at Olathe, Kan.-based Security Savings Bank have ...
Posted in BREAKING NEWS! | 1 Comment »
Monday, July 13th, 2009
It's another all-out pump-up-the-market-for-fiscal-earnings-reporting season, and it looks like Goldman Sachs is going to carry the ball for second quarter 2009. The hype is up and the spin is already dizzying. Everybody seems to have forgotten that just a few short months ago the golden one was on the ...
Posted in BREAKING NEWS! | No Comments »
