NEWS On BANX
Mis-selling scandal will see HSBC cut executives' bonuses.
Euro Debt Chart. U.K. 50 Billion Injection. Greek Brace 4 Impact. US Debt_Ceiling. StockACT Law Maker Insider Trading Bill. Ben Bernanke Baron Green_Back Counterfieter. Financial CrimeZ Task_Force. C0UnT3rFiT_M0nEy. Insider Trading 30Day DBase RuleZ. Bail O.U.T. The Truck LoadZ Of Cash. Cash_Transaction Banning!!! Morgan Stanley Bonuses Capped @ $125,000. JPM Exposures In PIIGS. Everything You Need to Know About Wall Street, in One Brief Tale | Matt Taibbi. The PeopleZ Oppinion On The Poverty GAP. Did Henry Paulson tip off hedge fund managers on Fannie and Freddie.
Hilderbrand Wife TradeZ. Head of Swiss National Bank denies insider trading | Europe | Deutsche Welle | 09.01. Philipp Hildebrand, head of the Swiss National Bank (SNB), was questioned on Monday by a parliamentary committee over his involvement in an alleged insider trading scandal.
The hearing was held behind closed doors. Swiss President Eveline Widmer-Schlumpf stood by Hildebrand last week and said he should not resign. "We would lose a [central bank] president who has undisputedly done excellent work, has a good network, and could be very useful to Switzerland," said Widmer-Schlumpf on Swiss television late Friday. Hildebrand has donated the profits to charity Press reports claim that Hildebrand's wife Kashya profited after buying $504,000 (396,000 euros) last August, just weeks before an intervention by the SNB to halt the rise of the franc.
GOLDMAN Downgraded By Wells Fargo
455 Billion Record ECB Deposit Jan 2012. BankZ Still Vulnerable To Cyber Attacks. Virgin/Blackrock. Morgan Stanley Job cuts. China currency Manipulation. US Collapsing & Press TV. Brazil TakeZ Over UK Economy. Japan WarnZ England To Make A Stronger BackUp Fund!!! UK Conspiracy. Pay Role TAX Continuation. The gold standard: what is it and should we return to it? By Jeremy Holcombe Contributing writer for Goldco Direct and End the Lie The gold standard: ever heard of it?
Most people haven’t, yet it remains an important part of gold history, and it may serve us well if we got back on it. So what exactly was “the gold standard?” The gold standard was essentially a commitment by several participating countries to fix the prices of their respective domestic currencies in terms of specific amount of gold.
HSBC Sells Japan Private Bank To Credit Suise
Harrisburg Bankruptcy Petition Thrown Out. The bankruptcy case filed by Harrisburg, Pennsylvania, the state capital, was thrown out by a judge who ruled the city council wasn’t authorized to file the petition.
U.S. Bankruptcy Judge Mary D. France held a hearing yesterday in Harrisburg on whether the council violated state laws last month when a majority opted to file under Chapter 9 of the bankruptcy code. Mayor Linda D.
Washington Mutual 64 Mil
85,000 In Credit Union Covered By FSCS. WTO World Trade Organization. Millionaire Surtax Drop Dropped By Obama Dems. Russian Banking. 15 BankZ On Doom_Grade Watch. IMF EURO!!! Debt Cancelation. Foiabrief. Tyler Durden ZEROHEDGE @AnonDr_X. 30 SECOND GUIDE: Operation twist. By Daily Mail ReportersUPDATED: 08:08 GMT, 20 September 2011 The Daily Mail City team explains what is the effect of operation twist on the economy as the Fed is expected to do something at its two-day meeting this week to boost growth.
What’s that? Web of Debt - Ellen Brown - 1 of 5. Quantitative Easing Explained. Drug money laundering by wall street ( Max Keiser ) Afghanistan war. Outlook for Investing in Egypt; Gulf Deleveraging - Video. Northwest Eyes Big Gains From Free Trade Agreements. Update Required To play the media you will need to either update your browser to a recent version or update your Flash plugin.
WASHINGTON, D.C. - Northwest lawmakers say the region’s economy stands to reap big benefits from free trade agreements with South Korea, Colombia and Panama. After years of stop-and-start debate, both chambers of Congress approved those bills Wednesday. It’s not often that Oregon Democrat Ron Wyden and Idaho Republican Jim Risch come down on the same side of a big vote in the Senate –- but when it comes to free trade…
HOW YOU BECAME A SLAVE TO THE BANKERS! By Michael Rivero In the good old days, after George Washington and the boys won the war to free us from the bank of England's predatory and impoverishing practices, they set up a "revolutionary" economic system.
The government created and issued all the public currency, spending it into circulation to purchase what the government needed, then after the currency circulated through society to fuel commerce, was taxed back to the government to balance the books. Simple! Republican Acknowledges GOP Pushed Ryan Plan In Super Committee Negotiations. If you're having a hard time buying that one party was more reasonable than another in the Super Committee negotiations, read Republican co-chair Jeb Hensarling's obituary for the panel in the Wall Street Journal.
Specifically, check out this part about the GOP's big ask: Democrats on the committee made it clear that the new spending called for in the president's health law was off the table. Still, committee Republicans offered to negotiate a plan on the other two health-care entitlements--Medicare and Medicaid--based upon the reforms included in the budget the House passed earlier this year....Republicans on the committee also offered to negotiate a plan based on the bipartisan "Protect Medicare Act" authored by Alice Rivlin, one of President Bill Clinton's budget directors, and Pete Domenici, a former Republican senator from New Mexico. If There Is a Run on the Banks, Know Who To Blame. It isn’t Alex Jones or Gerald Celente Paul Joseph Watson Prison Planet.com Monday, November 21, 2011 Following our coverage last week of the fallout from the collapse of MF Global, Gerald Celente appeared on the Alex Jones Show numerous times to warn listeners that the only way to really ensure their money was protected was to withdraw it all from banks and financial institutions without delay.
Debit Card Charges - Monetos.co.uk. If you use your debit card sensibly and follow certain guidelines, it is free to use; you are able to benefit from instant, worldwide access to money in your current account, and not pay a penny in charges.
However, there are certain specialist services that will almost certainly incur a penalty charge: many of these can be avoided. If you are likely to use a number of services that incur charges, you should shop around to find the best deal. You will find that some debit cards are subject to larger fees than others. Overdraft Charges If your current account offers an overdraft facility, there will, in most cases, be a charge for using it. This charge varies between institutions, but in most cases, there are interest charges plus a flat-rate fee for each day you are overdrawn.If you had not previously arranged an overdraft facility with your bank or building society charges will be higher; unarranged overdrafts carry higher interest charges and fees than arranged overdrafts. National Lawyers Guild Files FOIA Requests Seeking Evidence of Federal Role in Occupy Crackdown. With Congress no longer performing its sworn role of defending the US Constitution, the National Lawyers Guild Mass Defense Committee and the Partnership for Civil Justice today filed requests under the Freedom of Information Act (FOIA) asking the Department of Justice, the Department of Homeland Security, the FBI, the CIA and the National Parks Service to release "all their information on the planning of the coordinated law enforcement crackdown on Occupy protest encampments in multiple cities over the course of recent days and weeks.
" According to a statement by the NLG, each of the FOIA requests states, "This request specifically encompasses disclosure of any documents or information pertaining to federal coordination of, or advice or consultation regarding, the police response to the Occupy movement, protests or encampments. " World business, finance, and political news from the Financial Times. "Very few people understand how important this topic is to our lives and our economy.
At least this article and related pieces are a start for people to realise how much monetary reform is needed to address the inherent inequality and instability of our current system. "By DPL on Strip private banks of their power to create money "'Sir David Walker said raising the bonus pool by 10 per cent last year had been among the hardest decisions the board had to take.' Russell Simmons Calls for Constitutional Amendment to Get Money Out of Politics. Finally, a Judge Stands up to Wall Street | Matt Taibbi. Foreign aid to zero - Ben Smith. November 12, 2011 The leading Republican candidates said Saturday night that they'd begin their foreign aid budget as zero, and declined to commit to continuing the United States' massive funding for Israel -- not to mention Egypt and other countries. "Every country would start at zero," said Perry, who introduced the crowd-pleasing proposal in response to an unrelated question, and fielded a follow-up from Twitter. "Obviously, Israel is a special ally, and my bet is that we would be funding them.
" Smash and grab: Bilderberg and the Trilateral Commission snatch Greece and Italy. By Richard CottrellEnd the Lie Events in Greece and Italy are truly momentous. They represent a glorious triumph for the New World Order, which is now free to trample democracy wherever and whenever the mandarins who now rule over us feel like it. Futures Up Ahead of Consumer Sentiment. NEW YORK (TheStreet) -- U.S. stock futures extended gains after Italy moved one step closer to adopting austerity measures needed for Prime Minister Silvio Berlusconi to resign and pave the way for a new government. Futures for the Dow Jones Industrial Average were up 89 points, or 91 points above fair value, at 11,944. The index traded up in three of the last four trading sessions. Futures for the S&P 500 were edging 12 points higher, or 13 points above fair value, at 1249. Futures for the Nasdaq were up 20 points, or 15 points above fair value, at 2326.
The Italian senate's approval of the country's 2012 budget law Friday opens up a parliamentary vote on the bill this weekend. How US Banks Are Lying About Their European Exposure; Or How Bilateral Netting Ends With A Bang, Not A Whimper. A little over a month ago, Zero Hedge started an avalanche in the financial sector, and an unprecedented defense thereof by the "independent" financial media and conflicted sell side, by being simply the messenger in pointing out that the gross exposure of one Morgan Stanley to the French banking sector is $39 billion.
The firestorm of protests, which naturally focused on the messenger, and not the message, attempted to refute the claims that Morgan Stanley (and many others) are overexposed to Europe (both banks and countries) by stating that gross is not net, and that when one nets out "hedges" the real exposure is far, far lower. The logic is that bilateral netting, as the principle behind this argument is called, should always work - no matter the market, and that counterparty risk, especially when it comes to hedges, should always be ignored because banks will always honor their own derivative exposure.
Goldman Sachs elevator gossip tweets – inside job or wind-up? | Joris Luyendijk. Credit unions pounce after banks raise fees. Goldman Summarizes The "Frightful Week Ahead" Bloomberg To Host Sunday Dinner To Urge Super Committee To Cut $4 Trillion, Let The 99% Eat Cake. S&P 500 Extends Biggest Monthly Rally Since 1974 on Europe Deal. LAGGING COMPANIES. Director's Blog » Blog Archive » Trends in the Distribution of Income.
Throw Back WeAreChange confronts Alan Greenspan. Adbusters Calls For Occupy Wall Street To Demand G20 Impose 'Robin Hood' Tax. HERP : Calculated Risk: A few comments on the HARP Refinance Program changes. Recovery before Reform - Robert Skidelsky. How Much Do You Think I Deserve To Keep? | Personal Liberty Digest. My Blog.
Barclays Says Italy Is Finished: "Mathematically Beyond Point Of No Return" EU and IMF 'to monitor Italian reforms' - Europe. Wealth, Income, and Power. Market Report - Nov. 4, 2011. Giac. Bank Of America Layoffs: Rival Banks Say They're Being Flooded With BofA Resumes.