Category: Banking Institutions
By Anita Finlay ("Ani") on Nov 19, 2011 in Bailouts, Banking Institutions, Congress (House & Senate), Current Affairs, Earmarks, Nancy Pelosi, Speaker Nancy Pelosi | View Comments
~Bumped Up~ Steve Kroft’s explosive 60 Minutes report on rampant ‘legal’ congressional insider trading last Sunday provoked fury and heartache at an elitist political class spiraling out of control. I cannot claim to have romantic notions about any politician, but this latest disclosure is the final nail in the coffin. For politicians to use access [...]
By Rabble Rouser Reverend Amy on Jul 17, 2010 in Banking Institutions, Civil Rights, Congress (House & Senate), Current Affairs, Economy, Health Care | View Comments
/ Bumped up / Well, this came as a bit of a surprise, a pleasant one at that. You will recall that Rep. Maxine Waters had inserted a provision into the Financial Reform Bill creating quotas for women and minorities for financial institutions. But not so fast says the US Commission on Civil Rights, as [...]
By Rabble Rouser Reverend Amy on Jul 13, 2010 in Bank Nationalization, Banking Institutions, Barney Frank, Christopher Dodd, Congress (House & Senate), Current Affairs, Deficit, National Debt, National Infrastructure Investment Bank | View Comments
Oh, you remember Rep. Waters, don’t you? Who could forget her comments regarding Fannie Mae and Freddie Mac? Just in case, here’s a reminder: Uh, um, hell yes, there was a big problem with Fannie Mae and Freddie Mac, Rep. Waters.
By Anita Finlay ("Ani") on Apr 29, 2010 in Bailouts, Bank Bailouts, Banking Institutions, Campaign promises, Credit Card Companies, DNC, Deficit, Democrats, Depression, Earmarks, Economic Stimulus, General Motors & Chrysler, National Debt, Obama Administration, Obama's Broken Promises, Obama-Barack & President Barack, Obamatopia, TARP, Toxic Assets, Wall Street | View Comments
President Obama made a visit to Ottumwa, Iowa Wednesday. As reported by Jake Tapper on ABC’s Political Punch: “We’re going to have to make some tough choices” about the deficit and national debt, President Obama said to a crowded gymnasium full of supporters at Indian Hills Community College, after a lengthy riff on how the [...]
By Anita Finlay ("Ani") on Apr 26, 2010 in Bailouts, Banking Committee Hearings, Banking Institutions, Banks, Bernie Madoff, Current Affairs, Wall Street | View Comments
ABC’s Jake Tapper covers an interesting proposition from Republican Senator Bob Corker on financial reform for Wall Street — he wants a “clawback provision” forcing failed executives who have driven companies into the red to give back their earnings for the past five years. Loving it!!! Read how Austan Goolsbee, one of Obama’s chief economic [...]
By Rabble Rouser Reverend Amy on Apr 22, 2010 in Bailouts, Bank Bailouts, Banking Institutions, Banks, Ben Bernanke, Credit Risk, Current Affairs, Economy, FDIC, Infrastructure, SEC, Wall Street | View Comments
As Goldman Sachs continues to be in the news, this revelation could affect the SEC’s charges (h/t to HelenK for alerting me to this ): Testimony Could Undercut SEC Charge Against Goldman The government has testimony from a Paulson & Co. official that could contradict its own claims against Goldman Sachs, CNBC has learned. Paolo [...]
By Anita Finlay ("Ani") on Apr 10, 2010 in Bailouts, Bank Bailouts, Banking Institutions, Bernie Madoff, Bush administration, Civil Liberties, Congress (House & Senate), DNC idiocy, Economic Stimulus, Freedom of Speech, Lobbyists, Media Bias, Nancy Pelosi, National Debt, Obama Administration, Obama's Broken Promises, Obama's Budget, Race Card, Stimulus Plan, TARP, Toxic Assets, Wall Street, stimulus tax package | View Comments
Who’s afraid of a little Tea Party? Everyone, fortunately. So says Kevin O’Brien of The Cleveland Plain Dealer, who correctly points out that while Tea Partiers may lean conservative, they are filled with more anti-incumbent fever (for both sides) than anyone would care to admit: Democratic officeholders should be afraid. Republican officeholders, too. For many [...]
By Larry Doyle on Feb 9, 2010 in Banking Institutions, Banks, Economy, Elizabeth Warren, Sense on Cents (Larry Doyle blog), Wall Street | View Comments
How is it that some people are able to aggressively promote the virtues of truth, transparency, and integrity within our financial system while others would seem to talk a good game but do not truly walk the walk? The key, in my mind, is that the former are not beholden to a constituency focused on [...]
By Larry Doyle on Dec 6, 2009 in Banking Institutions, Banks, Economy, FDIC, Sense on Cents (Larry Doyle blog) | View Comments
Postponing losses in hopes that one can trade out of them is a game very rarely won. In similar fashion, not acknowledging losses in hopes that the situation improves and the loss is mitigated is also a recipe for disaster. All one needs to do is look eastward to Japan to realize that. Ultimately, a [...]
By Larry Doyle on Aug 28, 2009 in American Consumers, Bank Failure, Banking Institutions, Banks, Economy, Sense on Cents (Larry Doyle blog) | View Comments
Will the failure of a small bank in a small community truly impact America? Analysts discount the impact that the expected massive number of bank failures will have on the U.S. economy. Additionally, analysts also discount the fact that the FDIC fund to cover depositors of failed institutions is close to zero. This fund can [...]
By Larry Doyle on Jul 9, 2009 in Banking Institutions, Banks, Credit Card Companies, Economy, Sense on Cents (Larry Doyle blog) | View Comments
Is there truly any reason to trust financial institutions these days? Developments within the credit card space have exposed the true colors of these institutions . . . not that there was ever any doubt. Recall how consumer outrage at rapidly rising interest rates on credit cards pressured Washington to rein in the usurious business [...]
By Larry Doyle on Jun 26, 2009 in Banking Institutions, Ben Bernanke, Economy, Hank Paulson, Sense on Cents (Larry Doyle blog) | View Comments
I commend Rep. Edolphus Towns (D-NY), Chairman of the House Committee on Oversight and Government Reform. Rep. Town’s closing statement at yesterday’s Congressional hearing culminated some riveting theatre. That said, this is not a one act play. Rep. Towns highlights the need to dig deeper in exposing what truly happened in the midst of the [...]
By Larry Doyle on Jun 25, 2009 in Banking Institutions, Ben Bernanke, Economy, FDIC, Sense on Cents (Larry Doyle blog) | View Comments
Do the ends ever justify the means? Does being well-intended preclude one from committing a criminal act? If our legislative bodies do not possess the heart and courage to ask these difficult questions, can we assume they are implicitly approving them? Oh, what a tangled web trillions of dollars in financial losses will weave. The [...]
By Rabble Rouser Reverend Amy on May 7, 2009 in Backtrack Obama, Bailouts, Bamboozling, Banking Institutions, Barack Obama, Campaign promises, Campaigns & Campaign Financing, Current Affairs, Flip Flopping, Hoodwinking, Israel, Messiah, Political Correctness, Qualifications, SusanUnPC, Wall Street | View Comments
Talk about your marketing ploy, which I, along with others, have been doing for a while now (most recently, “The Campaign’s Over, Obama: It’s Time To Lead“). But the incomparable Chris Hedges has done a remarkable job at highlighting just exactly how true that is (and it is true – his campaign won the top [...]
By Larry Doyle on Apr 28, 2009 in American Consumers, Banking Institutions, Current Affairs, Economy | View Comments
Can you imagine putting money into a bank and agreeing to accept a minus 5% rate of interest? Well, the Federal Reserve believes the appropriate rate of interest for this economy is in fact -5%. The FT reports, “Fed Study Puts Ideal U.S. Interest Rate at -5%.” The world is awash in a sea of [...]
, the basis for the Best Motion Picture Nominee (Golden Globes) starring Brad Pitt.
, the novel by John Le Carre, a new motion picture starring Gary Oldman and Colin Firth.
by 
* (Included in the 
* 
.by David Fredosso who wrote 2008's 
- You'll have access to 18 million movies, TV shows, songs, magazines, and books, as well as ultra-fast Web browsing with Amazon Silk -- faster than iPad. Full e-mail and document access and a keyboard. Fire can transmit what is on your screen onto a connected TV or monitor without an accessory. It runs Flash (iPad doesn't). 
