Tag: fdic
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#econocrash updates: census, collapse, congress & more
census data shows half of US poor or low income* the collapse, death & end of the euro* was the ‘collapse’ of mf global premeditated? a conspiracy theory thought experiment* ex-washington mutual executives settle fdic suit* is netflix a takeover candidate?* update: congress blinks on shutdown; temporary deal averts government shutdown*
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5/12 newspurge: follow the leader
drugwar: video: dad’s secret thc treatment cures 2yr-old’s brain cancer?* video: 1000s march in mexico city to protest drugwar* econocrash: video: galleon billionaire raj rajaratnam convicted of hedge fund fraud & conspiracy* sheila bair steps down as head of fdic* postal service reports billions in losses* as obama says ‘immigration reform is an economic imperative’…
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new world next week – dec30
new world next week: episode058 – cyberwar on, banks fail, new year predictions Welcome back one last time in 2010 to New World Next Week – the video series from Corbett Report & Media Monarchy that covers some of the most important developments in alternative news & open-source intelligence. This week: Story #1: 2010 The…
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Killing JPMorgan With Silver Bullets
Mike Krieger and Max Keiser have an idea for attacking the weak underbelly of the seemingly invincible too big to fail banks: If everyone buys just 1 ounce of silver, it will force JP Morgan to cover its short positions, and drive it out of business.
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Can Watered-Down ‘Audit The Fed’ Bill Be Strengthened In Committee?
While many are expressing disappointment and even despair that the Senate voted down Ron Paul’s audit the Fed bill while passing a weakened version, Congressman Alan Grayson is confident that the stronger provisions of the original House amendment can be added in Committee, ensuring the Federal Reserve doesn’t get off the hook, as Congressman Paul…
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Econocrash: Fortune, Fail & The Fed + Geopolitiks Update
In an internal e-mail released Saturday, Goldman Sachs chief executive Lloyd Blankfein wrote in November 2007 that the firm “didn’t dodge the mortgage mess,” but “made more than we lost” by betting against the U.S. housing market.
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Wall Street Despised In Poll Showing Most Want Real Regulation
Most people interviewed in the Bloomberg National Poll say they don’t like Wall Street, banks or insurance companies and favor letting the government punish bankers who helped cause the worst financial crisis since the Great Depression.
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econocrash updates: fdic, doomsday, farmland & bulldozers
fdic shuts down 4 banks: 20 banks closed in 2010* fdic says list of troubled banks at 16yr peak* citigroup warns customers it may refuse to allow withdrawals* govt watchdog group: ‘doomsday here for illinois’* marc faber: ‘buy farmland & gold’* video: frustrated owner bulldozes home ahead of foreclosure* 2/25 updates: greenspan: financial crisis worse…
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econocrash updates: debt bombs, occult economy & fraud
20 reasons our debt bomb is ready to go ka-boom* regulators shut down banks in 5 states* internal revenue service acquiring shotguns* allstate to shed agents* toyota probe deepens amid confusion over risk* italians seek wizards’ help during economic crisis: $8.3b spent annually on financial spells & astrology* video: federal reserve gave banks access to…
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econocrash updates: taxes, axes, boom & busts
oregon voters approve tax hike for corporations & rich familiesfrom nytimes: Amid recession, high unemployment and tight household budgets, voters in Oregon have agreed to raise taxes on people with higher incomes, to pay for public education and social services. One of only five states with no sales tax, Oregon has long kept its corporate…
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econocrash: debt, bank collapses & janitors
US national debt tops debt limitfrom cbsnews: The latest calculation of the National Debt as posted by the Treasury Department has – at least numerically – exceeded the statutory Debt Limit approved by Congress last February as part of the Recovery Act stimulus bill. The ceiling was set at $12.104 trillion dollars. The latest posting…
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econocrash updates: black friday, back home & in the red
goodbye jobs, hello mom & dad, say young adults* fdic insurance fund closes quarter $8.2b in debt*fdic insurance fund falls into the red* dollars steepest drop since july*uk poised to lose jobs as £10bn nuclear power plant contract goes to US* german ‘robin hood’ borrowed from rich, loaned to poor*want a stock tip? buy stocks…
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econocrash: the fed, failure & dumping the dollar
rep. ron paul’s bill to audit the fed ‘gutted’ in committee*rep. watt guts bill to audit the fed*ron paul: be prepared for the worst*cit files for chapter 11 bankruptcy protection*9 more US banks fail; $2.5b hit for fdic*govt issues record $87m fine to bp*econ chair at george mason uni: politicians aren’t prostitutes … they’re pimps*…
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econocrash: crashes, crime, capitalism, whores & more
black tuesday & a return to big government*roubini: a big crash is coming, but i don’t believe in gold*former chairman of citigroup: restore glass-steagall*ex-sullivan & cromwell associate, under investigation for insider trading, commits suicide*madoff associate jeffry picower found dead in pool, police say*bernanke’s trillion-dollar decision*capitalism, socialism or fascism?*exposing lies about the fed, the cia &…
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bank failures hit 106 for year; many more are weak
from ap: It’s a big number that only tells part of the story. The number of banks that have failed so far this year topped 100 on Friday — hitting 106 by the end of the day — the most in nearly two decades. But the trouble in the banking system from bad loans and…