Archive for: bank

Bank of America (NYSE:BAC) Weighed Down by Countrywide Acquisition

Bank of America (NYSE:BAC) continues to be held back by their acquisition of Countrywide, which brought with it huge exposure to the home loan market. That has resulted...

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Feds Investigate Alleged $1 Million Embezzlement by a Hawaii Bank of America Employee Who Has Vanished

Federal authorities are investigating a loan officer fired from the Bank of America’s Honolulu office last month for allegedly stealing at least $1 million of...

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Warning of Possible Bank Holiday

Yesterday I received a call that should alarm for even the most “comatose in La La Land”. A pastor known to the gentleman who called me had been called...

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ForeclosureGate: Another Bank Scandal

Dylan Ratigan offers one of the best explanations of the bank foreclosure scandal I’ve seen. I especially enjoyed the commentary by Karl Denninger , who appears...

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FLASHBACK to January – Vatican bank charged with money-laundering

“This corruption is continuing on a regular basis in the Vatican,” claimed Janathan Levy, a lawyer familiar with the bank. “Again, there’s no reason...

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US takes steps against European-Iranian bank

WASHINGTON — The United States has slapped sanctions on a German-based bank it accuses of helping Iranian institutions involved in illicit nuclear trade. The...

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Afghanistan’s Biggest Bank Hopes to Join  the Troubled List

Afghanistan’s Biggest Bank Hopes to Join the Troubled List

According to the FDIC, the government’s list of problem banks is now at its highest level since 1993. In all according to the most recent data, 829 banks...

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How The Supreme Court’s Folly Allowed Fiat Money In the US

Here is a very interesting research paper from the Bank of Japan which discusses how the US got off the bi-metallic system and evolved into a purely fiat-money...

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Stock Exch Notice: Admission to Trading – 04/06/ | Company …

Investegate, Announcements from Stock Exch Notice, Announcement Name. … GOLD BULLION SECURITIES LD. 80000. (LYXOR GBS) Secured Undated Zero Coupon Notes fully...

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Fed Set to Go Nuke to Help Bailout Europe

The Federal Reserve has announced that it will re-establish the temporary U.S. dollar liquidity swap facilities with the Bank of Canada, the Bank of England, the...

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C:NYSE: Citigroup Sued by Italys F2I Over 1 Billion-Euro Fundraising

Citigroup Inc (C:NYSE). was sued in Milan for 100 million euros ($127 million) by infrastructure fund F2I SGR, which says the bank found no investors for its Italian...

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BREAKINGVIEWS-JPMorgan shows Congress can be an easy target too

By James Pethokoukis WASHINGTON, May 4 – A senior economist at the bank slammed the ‘unnerving ignorance’ of lawmakers at the Goldman hearings....

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