This week Max Keiser and co-host, Stacy Herbert, report on massive defaults and flaming banks in America where income inequality is forcing manufacturers to change their product lines. In the second half of the show Max talks to Aaron Krowne of ML-Implode.com about mortgage lending fraud and government complicity. KR on FB: www.facebook.com UK Credit [...]
Banks Urged To Reconsider Credit Card Offer
Trust Deed Scotland Credit score cards can be quite a excellent boon to many individuals, and have been considering that the introduction with the initial an individual, BarclayCard, back in 1966, which then really enjoyed a credit history card monopoly to the seventies, when, in 1972, Access was released. Currently every significant ( and minor) [...]
occupy protest protest How to really annoy the banks and finance companies part 1 of 3
Thanks to the original makers of this video, fine work, there are lots of people sharing worldwide, the more information shared on any subject the better!!! www.howtooccupy.org Thanks ransackedroom This really works, fill and post EVERY prepaid envelope found in your junkmail, load them up and send send send. REMEMBER FOLKS: I am not asking [...]
Wall St banks are learning that the U word is here to stay
“The quality or state of being uncertain; lack of certainty; doubt.” That’s the definition of uncertainty you’ll find in Webster’s Dictionary, which Americans have relied on since Noah Webster published the first version just over 200 years ago. It’s a word that US banks have been desperate to banish from the dictionary this year. Instead [...]
What Banks Won’t Tell You – Debt Settlement Advice
Credit Card Debt Settlement
Europe’s banks are staring into the abyss
Where now for European banks? Sir Howard Davies, former chairman of Britain’s Financial Services Authority, said on BBC Radio’s Today programme on Tuesday morning that he thought the French government was only days away from having to recapitalise the country’s banking system for a second time. It’s hard to disagree. The panic seems to have [...]
Beware ‘back to the future’ proposals to make banks safe
Proposals to force banks to choose between taking deposits on the high street or continuing to operate their investment or ‘casino banking’ arms have an obvious popular appeal, but may be mistaken. Since the global credit crisis began three years ago, we have heard much more about the Glass Steagall Act which separated the two [...]
Sir John Vickers’ banking report: banks should count themselves lucky
We’ve heard a lot of bleating from the banks about how dangerous reforms may be for economic growth. This morning, the Independent Commission on Banking (ICB) sought to put what Vince Cable calls their “special pleading” into context. Its proposals, the ICB estimates, will cost banks £4bn-£7bn a year. Note that that is a cost [...]
What happens when banks are required to hold more capital?
Financial regulation imposes requirements on banks to hold certain amounts of capital. When the financial crisis began in 2007, the capital banks held fell significantly. Regulators could have taken the view that capital is there as a buffer against a rainy day, and the rainy day had come, so the buffer should be allowed to [...]