It worked in Argentina, so why not in the good ol USA?
The image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven [...]
Entries Tagged as 'banks'
AmericArgentina?
February 24th, 2010 · No Comments
Gold’s Hollow Greenish Tinge
February 11th, 2010 · No Comments
As you read this, bankers and treasury officials all around the world are wondering what to do next, now that gold bullion bars have been proven to be tampered with, that gold bars are made up of other less valuable metals and many people who paid for gold or promissory notes for gold can’t collect it, so where did [...]
Local Governments & Fund Managers Ripped Off by Banks
February 8th, 2010 · No Comments
Is it pride or fear of ridicule that prevents local government authorities and many fund managers from releasing their poor investment strategies, or is it more that inducements paid to them to make recommendations will be revealed; how many banks in Australia – like NAB – have dealings with and apply pressure through law firms [...]
Corporate Government Greed 2 or The EU Breakup
January 28th, 2010 · No Comments
The problem with money is, you can never have enough of it.
As banks around the world showed, Gordon Gecko was their idol and no avenue of extracting $’s from anyone anywhere, from local governments, the retired and pension funds put there for those who – after a life-time’s work – could live a comfortable life. [...]
Tags: banks · big picture · economy · europe
