Tag Archive
Bernanke And The Super Fed Say It’s Over
With that level of insight you can now go out and make major decisions for your own future, such as, whether or not to buy a house, upgrade your car, perhaps even fly to Europe on the wings of hope. No? »
Obama Mitigating Mortgage Foreclosures?
Obama announced that between $50 billion and $100 billion will be spent on making mortgage payments affordable, as part of the giant gamble he and Congress are making, under the title of “stimulus.†No help will be provided for those who made rational decisions on purchases, but ample support will be provided to those... »
Revising Government Relationship To Money
In the search for solutions to the global economic turmoil, there is a disconnect between the objective of bankers and financial institutions, and the objective of government (read: people). The global crisis presents an evolving pathology beyond the reach of Paulson, Bernanke or any other imposition. That is the great mystery and abstruse nature of... »
Spain-based Santander agrees to purchase of UK bank Alliance & Leicester
Alliance & Leicester (A&L), a major UK bank, has agreed to a deal regarding its sale to Banco Santander, a banking company based in Spain. The deal, which is worth £1.2 billion, means that shareholders will receive one share in Santander for every three shares they hold in A&L. Santander said in a statement that... »
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