“(Reuters) – The U.S. credit-card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.” source...
“The new banking sector volatility came after Treasury secretary Hank Paulson revealed on Wednesday that the US administration had decided that using billions of dollars to buy up so-called toxic assets related to subprime was now “not the most effective source...
“A few weeks ago, I published an e-mail message sent to me from an executive who works in the banking industry — and had become disgusted by what he sees all around him. This weekend, that same banker sent me source...
This highly informative and easy to understand film covers just about everything that isn't taught in school regarding the corrupt banking system. It explains how these institutions get away with robbing the unsuspecting public by creating monetary policies designed to more...
“THE autumn of 2008 marks the end of an era. After a generation of standing ever further back from the business of finance, governments have been forced to step in to rescue banking systems and the markets. In America, the source...
“On Friday November 21, the world came within a hair’s breadth of the most colossal financial collapse in history according to bankers on the inside of events with whom we have contact. The trigger was the bank which only two source...
Icelanders demand PM resign during violent protests for failing to stop a financial meltdown in the country. by newmogul
“Iceland, Ireland, Germany, the U.S., etc...our high-living, no-savings, cast-all-care-to-the-wind lifestyles are coming home to roost. Yes, there is greed in the banking, lending and government sectors -- but the ultimate culprits in this whole mess? It is WE, THE PEOPLE. source...
“ The real fact is, if private citizens were allowed to freely lend to one another, the private banking cartel that is our central banking system would lose the little control they have over the economy. The free market would source...
“ If the client, who has not been identified, is successful in his appeal, lawyers expect a barrage of similar lawsuits from American clients who face criminal prosecution if the US finds information showing that they have evaded taxes. The source...
“The inability of the current investment banking model to withstand the ongoing liquidity crisis has forced many investment bankers out of business or those few that have survived to get by on reduced or no bonuses this year. However, as source...
“Shares in the region have lost around $1 trillion since the beginning of the year as investors fled. The UAE finance ministry said last month it would inject 70 billion dirhams ($19 billion) into the banking system, and is already source...
Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans by newmogul
“Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system. Two months later, as the Fed lends far more than source...

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