Posts Tagged bank bailout
The Secret Bank Bailout
on 22/01/2010 by NW0.eu in Finance and Corruption, Comments Off
‘There’s one method that the Federal Reserve has been employing to shovel money to the bank elite that is rarely mentioned, though I hear the sums that have been shoveled […]
Breaking Up The Too Big to Fails Will NOT Harm America’s Ability to Compete with Foreign Banks
on 02/11/2009 by NW0.eu in Finance and Corruption, Comments Off
Washington’s Blog Sunday, Nov 1st, 2009 I have previously debunked numerous false arguments used to defend the too big to fails. See this and this. But the apologists for the […]
Ron Paul: Be Prepared for the Worst
on by NW0.eu in Finance and Corruption, Comments Off
Ron Paul Forbes November 1, 2009 The large-scale government intervention in the economy is going to end badly. I am reminded of the outlook in 1930, when the experts were […]
Flight Taxes Hiked to Bail Out Banks: It's Nothing to do With Environment, Says Darling
on 01/11/2009 by NW0.eu in Finance and Corruption, Comments Off
‘Flight taxes are being raised to help bail out the banks, Alistair Darling admitted yesterday. In an extraordinary intervention, the Chancellor said the higher air passenger duty being introduced […]
Government Is Trying to Make Bailouts for the Giant Banks PERMANENT
on 29/10/2009 by NW0.eu in Finance and Corruption, Comments Off
As the Washington Independent points out, Sherman is going to try to take Tarp off of steroids.
Tax raid on banks planned by ministers
on 18/10/2009 by NW0.eu in Finance and Corruption, Comments Off
Patrick Hennessy and Louise Armitstead London Telegraph Sunday, Oct 18th, 2009 Ministers are drawing up plans for a tax raid on Britain’s banks worth hundreds of millions of pounds, The […]
Royal Bank of Scotland to Give Huge Bonuses
on by NW0.eu in Finance and Corruption, Comments Off
‘THE state-owned Royal Bank of Scotland is planning to hand out record bonuses of up to £5m each in a snub to struggling taxpayers. The average employee in its high-risk […]
Goldman Sachs' Black Magic: How They Did It
on 17/10/2009 by NW0.eu in Finance and Corruption, Comments Off
‘Goldman at the apex of the crisis is delivered this money — which they then use to borrow against at $20 or $30 for every $1. Which at 30x equals […]
The Rich Have Stolen the Economy
on 16/10/2009 by NW0.eu in Finance and Corruption, Comments Off
Paul Craig Roberts Prisonplanet.com Friday, Oct 16th, 2009 Bloomberg reports that Treasury Secretary Timothy Geithner’s closest aides earned millions of dollars a year working for Goldman Sachs, Citigroup and other […]
Goldman Sachs 2009 bonuses to double 2008’s; $23 billion could send 460,000 to Harvard, buy insurance for 1.7 million families
on 14/10/2009 by NW0.eu in Finance and Corruption, Comments Off
John Byrne Raw Story Tuesday, Oct 13th, 2009 Yesterday, we brought you the insurance company that wouldn’t insure a 17-pound infant because he was too heavy. Today, we bring you […]
Foreclosures Accelerate While Bankers Luxuriate
on by NW0.eu in Finance and Corruption, Comments Off
‘Bankers have greedily taken their bonuses and are literally walking away from a new tsunami of foreclosures which may lead to a fiscal doomsday for America: Allen L Roland’ Read […]
The REAL Battle Over America’s Banking System
on 13/10/2009 by NW0.eu in Finance and Corruption, Video Library, Comments Off
Washington’s Blog Tuesday, Oct 13th, 2009 The battle to reform the American banking system needs to include reimposing the barrier between investment banking and depository banking (Glass-Steagall), pay incentives based […]
Government Leaders Said Bailouts Were Needed Because “The House Next Door Was Burning Down” . . . Were They Right?
on by NW0.eu in Finance and Corruption, Video Library, Comments Off
Washington’s Blog Tuesday, Oct 13th, 2009 Government leaders said that massive bailouts were necessary. Were they right? Bullying Congress The New York Times wrote on July 16th: In retrospect, […]
US Deficit 'Hits Record $1.4Trillion'
on 09/10/2009 by NW0.eu in Finance and Corruption, Comments Off
‘The US budget deficit hit a record $1.4 trillion (£877bn) in the year to 30 September, US Congress estimates say. Analysts had predicted a $1.6tn deficit but revised the […]
Study: Bernanke, Paulson misled public on bailouts
on 06/10/2009 by NW0.eu in Finance and Corruption, Comments Off
Sean Lengell Washington Times Monday, Oct 5th, 2009 Federal Reserve Chairman Ben S. Bernanke and former Treasury Secretary Henry M. Paulson Jr. misled the public about the financial weakness of […]
