Tags: business, economic meltdown, economy, fraud
Corporate Fraud Running Rampant: “Pistole says there are 530 active corporate fraud investigations, and 38 of them involve corporate fraud and financial institution matters directly related to the economic crisis.”
Tags: Argentina, economic meltdown, economy, inflation, US
The Argentine Warning to the U.S.: “When honest money perishes, the society goes with it. We can’t say we weren’t warned.”
Tags: banks, economic meltdown, economy
When the Financial World Almost Stopped: “We were having an electronic run on the banks. They decided to close the operation… If they had not done that, their estimation is that… within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it.”
Very scary, indeed. When will the next crisis occur, and how long will it take before we all find out?
Tags: economic meltdown, economy, politics
Top Financial Heavyweights Who Will Affect You: “U.S. News & World Report compiled a list of key CEOs, politicos, and even media stars to watch in 2009.”
Tags: banks, economic meltdown, economy, mortgages
Citi Swallows At-Risk Mortgages: “In a desperate attempt to keep the ponzi stream open Citi agreed to to have court ordered regurgitated mortgages for dinner and they even prented to like it.”
Tags: depression, economic meltdown, economy, financial
Chance of Depression at 40%? “And the latest trade at Intrade just put the chances of a depression occurring at some point in 2009 at 40 percent — or about ten times more likely than the odds that Norm Coleman prevails in his election lawsuit in Minnesota.”
Tags: celebrities, economic meltdown, economy, Jamie Lee Curtis
Jamie Lee Curtis Thinks It’s Great to Be Poor: “What this crisis is going to do is bring us into financial alignment.”
Hmmm… Sounds like a socialist to me; someone who thinks forced economic equality will bring about social changes for the better.
Tags: economic meltdown, economy, Iceland, UK
BRITAIN MAY GO THE WAY OF ICELAND: Bankrupt.