Currency Wars – Iran Banned From Trading Gold and Silver January 24, 2012 Print Version Source: GoldCore Gold’s London AM fix this morning was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce. Friday’s AM fix was USD 1,646.00, GBP 1,064.68, and EUR 1,274.29 per ounce. Cross Currency Table – Bloomberg Gold has risen in [...]
Obama to Use Pension Funds of Ordinary Americans to Pay for Bank Mortgage “Settlement” January 24, 2012 Print Version Source: Naked Capitalism Obama’s latest housing market chicanery should come as no surprise. As we discuss below, he will use the State of the Union address to announce a mortgage “settlement” by Federal regulators, and at [...]
Bank Of America Dumps $75 Trillion In Derivatives On U.S. Taxpayers With Federal Approval December 23, 2011 Print Version Source: Seeking Alpha Bloomberg reports that Bank of America (BAC) has shifted about $22 trillion worth of derivative obligations from Merrill Lynch and the BAC holding company to the FDIC insured retail deposit division. Along [...]
Was Blagojevich Arrested On Corruption Charges After Going Up Against Bank of America? Posted by Camron Wiltshire on December 9, 2011 Site’ editor’s note: Former Illinois Governor Rob Blagojevich was sentenced to 14 years this week after being convicted of a wide range of corruption charges, including the allegation that he tried to sell the [...]
Class of Homebuyers Claims BofA Found a New Dirty Trick December 7th, 2011 This one will take your breath away. Via: Courthouse New Service: Bank of America found a new way to illegally extract money from customers, according to a federal class action: deduct taxes and insurance from mortgage payments, even though the homebuyers [...]
Wall Street’s “Secret Government” December 2nd, 2011 Via: Alternet: We now have concrete evidence that Wall Street and Washington are running a secret government far removed from the democratic process. Through a freedom of information request by Bloomberg News, the public now has access to over 29,000 pages of Fed documents and 21,000 additional Fed [...]
Turns out the ‘Government Sachs’ conspiracy theorists were right all along December 2, 2011 Print Version By Madison Ruppert EndTheLie.com In a shocking article published in Reuters, Felix Salmon confirmed what the so-called conspiracy theorists have said all along: former Secretary of the U.S. Treasury Hank Paulson was giving insider tips to his cronies at Goldman Sachs and other Wall Street [...]
Occupy Movement: Next Step Convergence The US Occupy movement is at a critical point. To succeed it must develop a message of specific solutions to fix our broken system. People are seeing the next step as advocacy for constitutional amendments proposed through an Article V convention. by Joel S. Hirschhorn (libertarian) Contact Joel S. Hirschhorn [...]
Fed secretly handed out $8 trillion November 28, 2011 Print Version Source: RT We knew the last bailout from the Federal Reserve was pretty big, but not until now did we have statistics on the actually tally. If you thought that the $700 billion bailout for TARP was big, get a load of this. Just [...]
AIG Sues U.S. Taxpayers for 25 Billion…Really. « on: November 23, 2011, 03:04:09 AM » A company run by former American International Group Chief Executive Maurice “Hank” Greenberg Monday filed a $25 billion lawsuit against the United States, claiming that the government takeover of the insurer was unconstitutional. In its complaint, Greenberg’s Starr [...]
Public Outrage Prompts Banks to Blink on Debit Card Fees November 1st, 2011 haha. Via: Daily Ticker: As one Occupy Wall Street protester so eloquently wrote on a sign recently: “I bailed out the banks and all I got was a $5 debit card fee.” Well, thanks to protests of millions of other Americans, [...]
Written on November 2, 2011 | Posted in
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Mega-bank Goldman Sachs (assets $933bn), has declared war on one of the smallest banks in New York (assets $30m), the customer-owned community bank that happens to also be the banker for Friends of Liberty Plaza, Inc, also known as Occupy Wall Street. And you thought Goldman didn’t care. The trouble began three weeks ago when the occupiers suddenly [...]
Written on October 29, 2011 | Posted in
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Former Goldman Sachs director caught up in Wall Street’s biggest insider trading scandal ‘to surrender to FBI’ October 26, 2011 Print Version Source: Daily Mail An ex-Goldman Sachs executive is facing charges of insider trading, sources have claimed. Multimillionaire Rajat Gupta, 62, is expected to shortly surrender to the FBI on criminal charges of leaking [...]
EU Considers Temporary Bans on Sovereign Ratings October 20, 2011 Print Version Source: WSJ BRUSSELS—The European Commission is leaning toward proposing a ban on the issuing of sovereign credit ratings for countries in bailout talks, a top official said on Thursday. “I think it’s legitimate to have a special treatment when a country is [...]
Are The Conspiracy Theorists Right? Study shows that one ‘super-corporation’ pulls the strings of the global economy October 19, 2011 Print Version Source: Daily Mail A University of Zurich study ‘proves’ that a small group of companies – mainly banks – wields huge power over the global economy. The study is the first to look [...]
