Tag Archives: Banks

Chinese Banks Ready to Go Bust

Dive! Take cover! Or, at least, hold on to your pants in the scramble. The Chinese bubble has just burst. It looks like the world is going to have egg on its face and elsewhere as Chinese banks are scrambling … Continue reading

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The Short Version of What Is Happening (Again)

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Reggie Middleton Uncovers the Future of the Irish & Their Banking System

From YouTube: Reggie Middleton uncovers extremely unnerving omissions, misrepresentations and what appears to many lay persons as outright fraud in the Irish banking system along with an in depth interview with Max Keiser in London. He names several banks directly, … Continue reading

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List Released With 132 Names Who Pulled Cyprus Deposits Ahead Of “Confiscation Day”

With every passing day, it becomes clearer and clearer the Cyprus deposit confiscation “news” was the most unsurprising outcome for the nation’s financial system and was known by virtually everyone on the ground days and weeks in advance: first it was disclosed … Continue reading

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Ben Bernanke Taught Them Well

The following story from Cyprus reminds me of Ben Bernanke testifying before Congress that he would not monetize our debt: That was back on June 3, 2009. The facts are presented below: Projected and Recent US Federal Debt Numbers Gross … Continue reading

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Cyprus banks reopen – but stock exchange will remain closed

Cyprus’s banks reopened their doors on Thursday, to limited queues, amid strict controls to stop people withdrawing all their savings and triggering a catastrophic bank run. The Cyprus stock exchange, however, said it would remain closed for the day, less … Continue reading

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If Cyprus Is Fixed, Why Are the Banks Still Closed?

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When The U.S. Paid Off The Entire National Debt

On Jan. 8, 1835, all the big political names in Washington gathered to celebrate what President Andrew Jackson had just accomplished. A senator rose to make the big announcement: “Gentlemen … the national debt … is PAID.” That was the … Continue reading

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Keiser Report: Bust-a-Bankster

From YouTube: In this episode, Max Keiser and Stacy Herbert discuss whether it’s time to start loving bankers as former Mayor Ken Livingstone suggests and they also wonder if the flying naked short selling witch caught by religious police in … Continue reading

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CNBC’s Bartiromo vs. Barney Frank On Banks

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What Happens When the Rules Stop Changing?

See additional comments on Tea Party Nation. Are people warning about the upcoming economic collapse economic prophets? People’s warnings have been marginalized about the economy for a simple reason: it has not happened. If the predictions based on their projections … Continue reading

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Moody’s Downgrades Six German Bank Groups, And Their Subsidiaries, By Up To Three Notches

From Zerohedge.com: First Moody’s cut the most prominent Austrian banks, and now it is Germany’s turn. The full downgrade Matrix: Frankfurt am Main, June 06, 2012 — Moody’s Investors Service has today taken various rating actions on seven German banks … Continue reading

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Nationalized Spanish Bank Plummets On News Of Bank Run

Bankia hit by report of withdrawals Shares in Bankia, the Spanish bank that was part-nationalised last week, plunged by more than a quarter on Thursday morning, after a report that customers had withdrawn €1bn from the bank over the past week. The … Continue reading

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ON BANKS REFUSING CASH WITHDRAWALS – Ann Barnhardt

I have received enough calls and emails on this within the last few weeks to A.) cause concern and B.) merit a post. People are having difficulty withdrawing cash from banks. I just received the SECOND call on this from … Continue reading

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