It is not about regulation and de-regulation, as Washington lawmakers would like you to believe. It is also not about the inability to control derivative transactions, as self-styled experts are clai...
The government has taken over mortgage companies Fannie Mae and Freddie Mac to help lower mortgage rates and allow more Americans to get affordable loans. The federal rescue, announced by Treasury Se...
Every new controversy demands a look at similar situations of the past. Just what is a bailout anyway? In the early 80's, Lee Iacocca arranged a government loan and tax concessions to bring Chrysler ...
Banks Are Failing -How Do You Protect Yourself ? Banks Are Failing -How Do You Protect Yourself ?The thought of this only several short years ago was not in anyone's mind. Today from the UK to the St...
There is a new beginning on the horizon. the big bad boys are now out of the banking business and three large American banks will become leaders in the recovery without any need for a government bai...
It's been said for centuries that there are two tragedies to life. The first is when you don't get what you want and the second is when you do get what you want. How many husbands or wives would say ...
Dateline Washington, October 19th (get it?) 2010: the Peoples Bank & Trust of America has now established itself as the only bank of any kind in the USA, totally owned and managed by the US House of ...
Now that the Senate has passed the $700 billion bailout legislation, the House will be forced-shamed into doing teh same thing. Thus we have diverted a DEPRESSION, so they say. And lookie here. Swiss...
Even César Baldaccini, in his wildest dreams, would not have gone this far. Hitler, Stalin, Mao, Saddam Hussein, Kim Il-sung, neither. It went down this way. George W. Bush, Henry Pauls...
Every new controversy demands a look at similar situations of the past. Just what is a bailout anyway? In the early 80's, Lee Iacocca arranged a government loan and tax concessions to bring Chrysler C...