From the category archives:

Banking

Bank of America Blows Bailout on Execs

January 26, 2009 Banking

At this point you just have to ask yourself whether these people have any shame at all. Perhaps in the past eight years the mentality has been to do business as crude, crooked and corrupt as possible. Why these types of things haven’t been reported on in the past is beyond me, probably because nobody [...]

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The 2008 Ponzi Scheme

September 23, 2008 Banking

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.
They keep saying how complicated the situation is, what the consequences are if we don’t act quickly but honestly, it’s rather simple. They’re taking [...]

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Why The US Banking System Is A Farce

June 11, 2008 Banking

I’m not blaming anyone for not knowing this. After all it does require you having lived in a different industrialized country than our own to be able to experience this. I’m not writing this out of bias, nor because I believe in an international bankers conspiracy. I just want people to see what it [...]

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