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94How Bad Is The Subprime Mortgage Crisis?
To understand the nature of the subprime mortgage crisis and how we got ourselves into such an incredible mess (as well as what that mess really is), we need to go back several decades and examine how the...
67 comments
84How to Be Patriotic Stop International Bankers From Raping America
Ben Bernanke has said that the federal reserve lacks the regulatory power to truly take over an international bank. This is an admission to my premise of this website although I don't believe this is true from reading some of the articles at the...
20 comments
83The Causes Of The 2008 Financial Meltdown And The Reforms Enacted - Are They Enough?
The 2008 financial meltdown was the worst economic crisis for the United States since the stock market crash of 1929 and the subsequent Great Depression. The root of the problem resided in the collapse of the housing market. There were several other...
32 comments
81"Inside Job," A Movie Everyone Should See
Inside Job, a "Must-see Movie The documentary takes viewers step by step through the developments, beginning with deregulation debacle in the savings and loan industry under Reagan and continuing through subsequent administrations including, importantly, the repeal under Bill Clinton of the Glass-Steagall Act which had required the separation of banking and riskier securities trading activities since 1933.
34 comments
79Crook Alert!! AIG Paying $165 Million Bonuses and $52 Billion to Counterparties with Taxpayers' Money
NEW YORK (Reuters) - A prominent U.S. senator gibed that executives of the troubled insurer American International Group Inc might consider suicide, adopting what he called a Japanese approach to taking responsibility for their actions.
6 comments75Investors Need to See Mainstreet Anger in the Light of Goldman Sachs Derivatives Scandal
Apparently some of the customers of Goldman Sachs were nothing more than "widows and orphans" in their twisted perverted and immoral minds. What a bunch of disgusting individuals are the Goldman Sachs traders who can communicate with each other on...
12 comments74Move Your Money
Move your money. If you have money in any of the too-big-to-fail banks, then move it to community banks and/or credit unions. Why should you do this? It is the patriotic thing to do in the light of Foreclosuregate. Big banks only care about their...
12 comments
74A Wave of Bank Failures is coming
SEE UPDATE BELOW: CITIGROUP SHARES CRASH TO $1.00!!! Recently, I watched a video of Jim Cramer on TheStreet.com. Now, whether you agree or disagree with him, you have to admit that this guy has been around...
74The Other Side of SubPrime Loans
A wise man by the name Warren Buffet had once remarked “Derivative products are financial weapons of mass destruction”. He was spot on but the so called finance wizards paid no attention to his wisdom. ...
65 comments71Occupy Wall Street: the Banks Cost More than Just TARP
I hope the Occupy Wall Street movement would understand that the TBTF banks cost American taxpayers a lot more than just the cost of TARP. Erin Burnett had embarrassed herself by going to the OWS site claiming that the banks had pretty much paid...
15 comments
