Hong Kong And Chinese Bankers Face Massive Layoffs Due To Region’s Economic Uncertainty It appears predictions of China’s economic domination of the world have been greatly exaggerated. Hong Kong and Chinese Bankers are facing massive layoffs. It has already begun at Asia’s largest bank. HSBC’s Greater China commercial banking division has reportedly dismissed at least […]
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 […]
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 […]
Detroit’s Financial Woes Have Michigan Political Elites Accepting Failure As The #1 Option “I see NOTHING! I know NOTHING!” -Sergeant Hans Schultz Since Detroit’s financial woes that have accumulated from 50 years of mismanagement and corruption caused it to officially file Chapter 9 bankruptcy last week every journalist and pundit has chimed in on the […]
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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