'We have lent a huge amount of money to the U.S.'...
DIRE EMERGENCY CANCELLED:
Obama Declares: Economic crisis 'not as bad as we think'...
Retail sales not as bad as feared...
Wall St set to extend gains for 4th session...
CITI SHOCKER: KEEP THE MONEY...
Illinois Income Tax May Jump 50%...
UPDATE: Sales of guns, ammo still high; 'Hoarding' of ammunition since Obama election created shortage...
Greek terror group: CITIBANK attacked over crisis...
Haircut Time For Bondholders
By Mike Whitney
When George Soros recently said that the financial system had "effectively disintegrated", it caused quite a flap. But Soros was not exaggerating. The financial system has disintegrated. What we are experiencing now is just the fallout from that event. Continue
Reforming the Global Financial System
Flushing the Parasites
By Nikki Alexander
Why rob just one bank when you can rob the whole nation? And why rob just one country when you can rob them all? Flushing the global economy of this systemic parasite begins with understanding how its debilitating web of debt is manufactured. Continue
In case you missed it
Madoff and Company Spent Nearly $1 Million on Washington Influence
By Lindsay Renick Mayer
The man behind a $50 billion Ponzi scheme that has roiled Wall Street and shaken up the nonprofit world was also a long-time contributor to Democrats, the nonpartisan Center for Responsive Politics has found. Continue
In Congress, UN chief calls US 'deadbeat' donor: A day after his White House meeting with President Barack Obama, U.N. Secretary-General Ban Ki-moon raised congressional hackles by calling the United States a "deadbeat" donor to the world body.
The tax haven scandal must end: Britain's offshore tax havens are central to worldwide tax dodging. We must clean up our financial act
Foreclosure Filings in U.S. Jump 30%, Thwart Prevention Effort: Foreclosure filings in the U.S. climbed 30 percent in February from a year earlier as the worsening economy thwarted efforts by the government and lenders to prevent homeowners from losing property, RealtyTrac Inc. said.
Federal Budget Deficit Reaches $765B In 5 Months : Lower tax revenue and massive government spending on the bank bailout pushed the federal deficit to $765 billion in the first five months of the budget year, well on its way to hitting the Obama administration's projection of a record annual imbalance of $1.75 trillion.
More Companies At Risk of Failing: Moody's, the ratings agency, recently published a list of "bottom rung" companies most likely to default on their debt. The criteria are technical, but the upshot is that a lot of companies are in deep trouble - and the list is getting longer, not shorter.
Courtroom Applauds Decision To Jail Madoff
Freddie Mac Lost $265 Million Every Day
45% Of World's Wealth Destroyed
Japan Confirms Big Drop In GDP
Liechtenstein Eases Bank Secrecy
VW Prepares To Go To Four Day Week
Number Of World Billionaires Slumps By A Third
Dems Draw 2nd 'Stimulus' Bill - $787B Wasn't Enough
US Calls For Tripling Of IMF Firepower
US To Press G20 For Mega Billions
Stanford Invokes The Fifth Amendment
Barky Team 'Hindering' G20 Discussions
BoE Prints £2B More Cash - Where Has It Gone?
UK House Prices Could Dive Another 55%
Banks To Claw Back £27B From Customers
Crime, Corruption And Collapse On Wall Street
China Hit By Massive Export Drop
India Can't Afford Junk Rating
G20 Deal At Risk - US-Europe Rift Grows
Congress Sends $410B Spending Bill To Obama
Greenspan - Fed Could Not Stop Housing Bubble
Dollar Defies Recipe For Currency Collapse
283 US Firms Most Likely To Fail
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