Fox News Scientologist

Fox News Scientologist Blasts DOJ Deal

Fox News Scientologist Greta Van Susteren Goes Off About The DOJ Settlement W/ Banks Over Libor Rigging Watch the latest video at video.foxnews.com I normally don’t link to Fox for their news stories because as we all know the information Fox “News” puts on the air isn’t exactly news. However, there seems to be a […]

Former Deutsche Bank Executive

Deutsche Bank Fined $2.5B For Libor Rigging

Deutsche Bank Fined $2.5B For Scheming With Other Banks Deutsche Bank on Thursday became the latest big bank to settle accusations that it contributed to rigging Libor interest rates.  The London Interbank Offered Rate, the interest rate of choice for trillions of dollars in municipal bonds, mortgages, student loans and other debt. To settle the […]

Chicago

Is Chicago Going To Be The Next Detroit?

Wall Street Banks screwed major American cities like Chicago A few weeks ago, Ed Walker at Naked Capitalism wrote a piece about a white paper Saqib Bhatti of the Roosevelt Institute wrote last year detailing how Wall Street Banks screwed major American cities out of much needed cash. Bhatti claimed that cities are getting squeezed because […]

RBS Japan Unit Sentenced in Libor Probe

Chris Dolmetsch and Tom Schoenberg, Bloomberg Royal Bank of Scotland Group Plc was ordered to pay $50 million by a federal judge inConnecticut over claims that it rigged the London interbank offered rate. RBS Securities Japan Ltd. in April pleaded guilty to wire fraud as part of a settlement of more than $600 million with U.S and U.K. regulators […]

Financially Ignorant Political Leaders

Are Financially Ignorant Political Leaders Destroying America?

Financially Ignorant Political Leaders Are Costing Taxpayers Billions Of Dollars Since starting MFI-Miami five years ago, I have attempted to talk to countless politicians on the state and local level about the financial crisis and it’s long-term impact on local municipalities. These financially ignorant political leaders respond with a confused dog look and respond with, […]

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