Free Republic 3rd Quarter Fundraising Target: $85,000 Receipts & Pledges to-date: $70,319
82%  
Woo hoo!! And we're now over 82%!! Less than $15k to go!! Let's git 'er done!! Thank you all very much!!

Keyword: bank

Brevity: Headers | « Text »
  • Let the Ex-Im Bank Expire

    07/10/2014 7:05:48 AM PDT · by SharpRightTurn · 2 replies
    Senate Conservatives Fund ^ | 7/10/2014 | Ken Cuccinelli II
    Fellow Conservatives: Senate Democrats plan to bring up legislation later this month that will give new life to a corporate welfare program called the Export-Import Bank. The Ex-Im Bank is a loan guarantee program that forces American taxpayers to subsidize foreign companies. The Congressional Budget Office (CBO) reports the bank will cost taxpayers $2 billion. That’s two BILLION dollars of your money being spent to pick winners and losers. It's cronyism at its worst. According to the Wall Street Journal, the Ex-Im Bank "removed four officials in recent months amid investigations into allegations of gifts and kickbacks, as well as...
  • France’s largest bank gets fined for evading American sanctions

    07/04/2014 10:14:16 PM PDT · by Citizen Zed · 4 replies
    The Economist ^ | 7-5-2014
    THE American guillotine has fallen. After lengthy negotiations, prosecutors and regulators announced on June 30th the penalties they planned to impose on BNP Paribas, France’s largest bank, for evading American sanctions on doing business with Cuba, Iran and the Sudan: an almost $9 billion fine, a guilty plea to criminal charges of conspiracy and falsifying records and a suspension of its right to clear certain dollar transactions. The bank’s dealings with and for Sudan—where Osama bin Laden found refuge and the UN’s attempt to stem the bloodletting in Darfur was resisted—lie at the heart of the charges against it. BNP...
  • The Alarming Reason the Government Confiscated Money From a Member of Glenn Beck’s Staff

    06/17/2014 4:58:58 PM PDT · by Whenifhow · 51 replies
    http://www.theblaze.com/ ^ | June 17, 2014 | Erica Ritz
    Let’s say you take out a safety deposit box for precious family heirlooms, or create a bank account for your children that you don’t make transactions with regularly. How long would it take you to realize that the government has actually confiscated your property, sometimes without even informing you? That’s what happened to Glenn Beck’s chief of staff, Joe Kerry, and countless other Americans across the United States, many of whom are unaware that the state can legally take hold of your possessions if your account shows no signs of activity for a certain period of time. snip “I guess...
  • ISIS Now Richest Terrorist Group in World After Looting US$429M +Gold from Mosul Central Bank

    06/13/2014 5:55:51 AM PDT · by Reaganite Republican · 17 replies
    Reaganite Republican ^ | 12 June 2014 | Reaganite Republican
    Perhaps the saddest thing -as we watch Iraq's hard-won democracy/liberty collapse before our eyes- is that the takeover of large swathes of territory by an 7th century Medieval savages could have been prevented. In fact, the Iraqi government had been begging the head-up-their-ass Obama Administration for air support since last November (2013), only to be utterly ignored (welcome to the club)... Today we see the rotten fruit of horrendously foolish Obama foreign policy over the last six years dropping all around the globe, yet this Iraq debacle -erasing nearly all US war gains- really takes the cake: not only...
  • Crimean Jewish group says Ukrainian bank account emptied

    05/30/2014 1:11:51 PM PDT · by Nachum · 2 replies
    JTA.org ^ | 5/30/14 | JTA
    (JTA) — A Jewish organization from Crimea said its Ukrainian bank account had been emptied of funds following Russia’s annexation of the peninsula. The disappearance of $3,157 from the account of the Jewish Ner Tamid association with Privatbank was reported Thursday by the ITAR-TASS news agency. The money “had been withdrawn,” the news agency quoted Anatoli Guendine, head of the Reform Jewish group, as saying. Russia annexed the Crimean Peninsula from Ukraine on March 18, in a move that Russia said was in accordance with the wishes of most residents and that was designed to protect them from persecution by...
  • SPEAK LIFE

    05/21/2014 11:03:37 AM PDT · by Jedediah · 1 replies
    You are mine entirely now for My Flames have touched you and bathed you in My Glory among the coals and now I AM the Gold and Silver in your life for "The Veil is torn " and now the Fullness and Saphire of My Spirit (( ( RESIDES ) )) in you in a abundantly overflowing manner and My Eyes( 7 Spirits of The Lord) are yours for you have already obediently sat quietly at my feet and listened intently for my Voice and will . So now "Take" the Fullness of My Kingdom to the reckless and lost...
  • The Long Goodbye? China, The World Bank, & The American Century

    05/14/2014 9:14:58 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | May 14, 2014 | Brian Birdnow
    Last week a World Bank report that compares something called purchasing power parity claimed that, based on the purchasing power statistics, the Chinese economy has reached a point of rough equality with the United States, or, could actually have moved slightly ahead of the USA, based on the incomplete figures of economic growth over the last three years. This announcement, which confirms the fact of China’s explosive economic development, and the anemic American recovery after the Great Recession of 2008-2010, has caused quite a stir in a number of quarters. The Chinese, usually quick to tout great achievements, have been...
  • Lloyds drops overdraft fee on Islamic accounts ( UK)

    04/30/2014 7:53:02 AM PDT · by opentalk · 8 replies
    Telegraph UK ^ | April 25, 2014 | Keith Perry
    Lloyds Bank has been accused of religious discrimination after offering free overdraft accounts to Muslims. The bank sent customers a booklet this month explaining new charges. While many will have to pay up to £80 a month if they go into the red, Muslims were told they would escape the charges. The document said: “We are removing the monthly overdraft management fee of £6 from our Islamic Account, Islamic Student Account and Islamic Graduate Account. So, if you use an unplanned overdraft on these accounts, there won’t be any charges.” One customer, Anita Milton, a nurse of New Eltham, south...
  • Bay Area: Man robs bank wearing 'I Have Issues' shirt

    04/17/2014 7:29:03 PM PDT · by rey · 12 replies
    Press Democrat ^ | April 17, 2014 | ap
    HAYWARD— Authorities in the San Francisco Bay Area are looking for a man who robbed a bank wearing a t-shirt that read "I Have Issues."
  • CEO Of Liechtenstein Bank Frick Murdered In Broad Daylight

    04/07/2014 7:11:53 AM PDT · by Nachum · 52 replies
    zero hedge ^ | 4/7/14 | Tyler Durden
    Over the weekend the world was gripped by the drama surrounding the mysterious murder-homicide of the former CEO of Dutch bank ABN Amro and members of his family, and whether there is more foul play than meets the eye. However, that is nothing compared to what just happened in the tiny, and all too quiet Principality of Lichtenstein, where moments ago the CEO of local financial institution Bank Frick & Co. AG, Juergen Frick, was shot dead in the underground garage of the bank located in the city of Balzers.
  • Mt. Gox Files for Chapter 15 US Bankruptcy Protection

    03/10/2014 1:29:55 PM PDT · by Errant · 3 replies
    Coin Desk ^ | 10 March 2014 | Pete Rizzo
    Troubled Japan-based bitcoin exchange Mt. Gox has filed for Chapter 15 bankruptcy protection, an ancillary form of bankruptcy that will complement its primary Tokyo District Court claim issued on 28th February. US Chapter 15 bankruptcy provides specific protections in cases of cross-border insolvency, and is based on UN model law. Both Japan and the US have adopted Chapter 15 bankruptcy in an effort to better protect the interests of shareholders and maximize the value of debtor assets in cross-border bankruptcies.
  • Experts: Iran Exerting Troubling Influence in Latin America

    02/21/2014 12:20:10 AM PST · by Cindy · 21 replies
    THE WASHINGTON FREE BEACON ^ | February 4, 2014 | by Daniel Wiser
    Snippet: "Iran and its terrorist proxy groups’ influence in Latin America remains a troubling security threat to the region and world, experts said at a congressional hearing on Tuesday."
  • US makes Bitcoin exchange arrests

    01/27/2014 9:25:02 AM PST · by Errant · 53 replies
    BBC ^ | 27 January 2014 | Dave Lee
    The operators of two exchanges for the virtual currency Bitcoin have been arrested in the US. The Department of Justice said Robert Faiella, known as BTCKing, and Charlie Shrem from BitInstant.com have both been charged with money laundering. The authorities said the pair were engaged in a scheme to sell more than $1m (£603,000) in bitcoins to users of online drug marketplace the Silk Road. The site was shut down last year and its alleged owner was arrested. Mr Shrem was arrested on Sunday at New York's JFK airport. He was expected to appear in court on Monday, prosecutors said....
  • Man in drive-through lane robs bank in south St. Louis

    12/08/2013 10:35:28 AM PST · by Charles Henrickson · 30 replies
    stltoday.com ^ | December 8, 2013 | Denise Hollinshed
    St. Louis police are searching for a man who robbed a Bank of America branch from the drive-through lane about noon Saturday. Police said the man drove up to the bank in the 6600 block of South Kingshighway in a white Impala and announced a robbery while at the drive-through window. The teller gave him an undisclosed amount of cash and the man drove off.
  • Man who created own credit card sues bank for not sticking to terms (Russia)

    11/30/2013 5:29:09 PM PST · by ReaganÜberAlles · 14 replies
    The Telegraph ^ | 11/30/2013 | Andrew Trotman
    When Dmitry Argarkov was sent a letter offering him a credit card, he found the rates not to his liking. But he didn't throw the contract away or shred it. Instead, the 42-year-old from Voronezh, Russia, scanned it into his computer, altered the terms and sent it back to Tinkoff Credit Systems.
  • Fed Unanimously Adopts Bank Liquidity Proposal

    10/29/2013 5:21:13 PM PDT · by Son House · 6 replies
    Fox News ^ | October 24, 2013 | Reuters
    The banks would hold a buffer of liquid assets - such as government bonds - to draw on to ensure they can meet withdrawals by depositors, to post collateral due to credit rating downgrades and to meet other needs. U.S. government debt and excess reserves held at the Fed are deemed the most liquid under the Fed's proposal, while claims on government-sponsored enterprises, such as mortgage finance giants Fannie Mae and Freddie Mac, are less liquid and may make up only 40 percent of the buffer.
  • Credit Suisse launches gay-friendly company index

    10/23/2013 2:46:28 PM PDT · by FR_addict · 9 replies
    France 24 ^ | Oct. 23, 2013 | AFP
    Swiss banking giant Credit Suisse has launched what it says is the first market index and portfolio based on gay-friendly policies. The LGBT Equality Index ranks companies by how well they respect the rights of employees and other members of the lesbian, gay, bisexual and transgender (LGBT) community. It currently covers 201 US-based firms, but Credit Suisse said it hoped to expand the index and associated investment portfolio, unveiled Monday in New York, to other countries. The portfolio is currently only available to US-based private banking clients able to spend a minimum of $250,000 but could be open to smaller...
  • Woman Pleads Guilty to Robbing Bank with Spaghetti Sauce

    10/09/2013 9:49:51 AM PDT · by Silentgypsy · 26 replies
    Breitbart ^ | 10/08/2013 | Jon David Kahn
    MOUNT CLEMENS, Michigan - A 53-year-old woman has pleaded guilty after she allegedly used cans of spaghetti sauce to simulate a bomb and then proceeded to rob a bank. Police say Ophelia A. Neal, a parole absconder, robbed a Fifth Third Bank branch in Macomb County's Clinton Township on April 6. According to police, Neal told bank employees she had a bomb in a cloth bag, demanded money and fled with an undisclosed amount of cash into a getaway car driven by a man. Neal pleaded guilty Monday in Oakland County Circuit Court in Mount Clemens to bank robbery and...
  • Gunman Who Took Hostages at Louisiana Bank Posted Chilling Facebook Messages

    10/05/2013 11:57:48 PM PDT · by Cindy · 34 replies
    FOX NEWS.com ^ | August 14, 2013 | n/a
    "Gunman who took hostages at Louisiana bank posted chilling Facebook messages" SNIPPET: "The gunman who took three hostages at a Louisiana bank Tuesday -- killing one of them before being shot and killed by police -- recently posted chilling messages on Facebook, including a cartoon strip about hostages.   In a post on Sunday, 20-year-old Fuaed Abdo Ahmed displays a cartoon strip that focuses on an apparent hostage situation." SNIPPET: "Ahmed's final post, made Tuesday just hours before the hostage standoff began, is of a photo of a man with a sword attacking a tank.Under the photo is a quote...
  • Burka bandit tries to hold up National City bank, San Diego

    08/06/2013 11:46:46 AM PDT · by dennisw · 12 replies
    cbs8. ^ | August 2, 2013
    Burka bandit tries to hold up National City bank, CBS8 San Diego, August 2, 2013 A woman tried to rob a bank in National City, and officials sought the public's help locating her. The attempted robbery occurred at around 6 p.m. Thursday at a Wells Fargo Bank branch at 1199 Highland Ave., according to FBI Special Agent Darrell Foxworth. "At the time of the robbery, the woman entered the bank and stood in the teller line until summoned by a teller," Foxworth said. "Upon arriving at the teller counter, the woman presented a demand note." The teller read some of...
  • Obama: We Don't Have . . . Bank Tellers?

    09/16/2013 10:30:52 AM PDT · by AT7Saluki · 72 replies
    White House Dossier ^ | 9/16/13 | Keith Koffler
    In a sign he possibly needs to get out more, President Obama asserted in an interview broadcast Sunday that bank tellers had vanished from the face of the earth, saying their absence is an example of how the new economy has eliminated low-end jobs and heightened inequality. Obama made the odd remark during an interview with ABC This Week host George Stephanopoulos. “If you look at the data, a couple of things are creating these trends,” Obama said of the growing gap between the rich and the poor. ”Technology: if you go to a lot of companies now, they’ve eliminated...
  • TX:Husband shoots 2 bank robbery suspects who kidnapped him, his wife

    08/04/2013 5:04:57 PM PDT · by marktwain · 65 replies
    khou.com ^ | 2 August, 2013 | Andrew Horansky
    COLUMBUS, Texas -- Two bank robbery suspects were shot in Colorado County Thursday night by a man who said they kidnapped him and his wife, a bank employee. According to the Colorado County Sheriff’s Office, the couple had been held at gunpoint by the suspects inside their home just north of Columbus. They were then forced to drive to the First National Bank of Eagle Lake in Columbus. The suspects then forced the woman to take out an undisclosed amount of funds, investigators said. “We believe they had knowledge that she was an employee of the bank for them to...
  • Bank breaks into woman’s home, steals her stuff (Update on the story)

    07/25/2013 8:59:06 PM PDT · by Mad Dawgg · 42 replies
    The Blaze.com ^ | July 25th 2013 | Glenn Beck
    Glenn promised that TheBlaze would continue to cover this story until the bank rectifies the situation. “First National Bank in Wellston, Ohio, I would recommend that you do the right thing. And it’s really shameful that you have to be shamed into it, and I would recommend that all those who have accounts with the First National Bank in Wellston call the bank and say, “What are you doing?” I mean, I’m doing business with you because you’re a local bank. Stop being a dirtbag. Do the right thing. Settle with these people. And if you haven’t, on Monday we’re...
  • Italian Journalist Charges that Vatican Bank Prelate is Protected by 'Gay Lobby'

    07/18/2013 6:56:14 PM PDT · by marshmallow · 11 replies
    An influential Vatican journalist has explicitly charged that the newly installed prelate of the Vatican bank has engaged in homosexual misconduct, and has been protected by other officials at the Vatican. Sandro Magister of L’Espresso reports that Msgr. Battista Ricca provided room and a job for a male companion while he was assigned as a Vatican diplomat in Uruguay between 1999 and 2001. The Italian cleric also frequented gay bars, and was once beaten in an altercation at a bar. Magister goes on to charge that although these incidents were well known, there were not noted on Msgr. Ricca’s personnel...
  • Bank and Pharmacy Robber Sentenced to 44 Years

    06/28/2013 8:05:25 AM PDT · by Larry381 · 3 replies
    Dept Of Justice ^ | June 27, 2013 | U.S. Attorney’s Office Eastern District of Michigan
    Raynard Versatile Crowe, 31, formerly of Hazel Park, was sentenced yesterday to 535 months in federal prison, following his conviction on March 21, 2013, by a jury in Detroit on charges of bank robbery, pharmacy robbery, using a firearm during a crime of violence, felon in possession of a firearm, and conspiracy, U.S. Attorney Barbara L. McQuade announced. McQuade was joined in the announcement by Special Agent in Charge Robert D. Foley, III of the Federal Bureau of Investigation (FBI). The sentence was handed down by United States District Judge Arthur J. Tarnow. The evidence presented at trial established that...
  • Lebanese Canadian Bank to Pay $102 Million in Hizballah Laundering Case

    06/28/2013 3:02:52 AM PDT · by Cindy · 2 replies
    For The Record - The IPT Blog ^ | Jun 27, 2013 at 6:56 pm | by Abha Shankar
    "Lebanese Canadian Bank to Pay $102 Million in Hizballah Laundering Case" SNIPPET: "The Beirut-based Lebanese Canadian Bank ("LCB") will pay $102 million as part of a settlement reached this week with federal prosecutors. The LCB was accused in a December 2011 complaint of funneling money to the Lebanese terrorist group Hizballah as part of a global money-laundering scheme. The "settlement shows that banks laundering money for terrorists and narco-traffickers will face consequences for their actions, wherever they may be located. This type of money laundering network fuels the operations of both terrorists and drug traffickers, and will continue to use...
  • Food Bank distributed record number of weekend backpacks to hungry kids

    05/27/2013 7:24:39 PM PDT · by Nachum · 27 replies
    Wichita Eagle ^ | 5/27/13 | Roy Wenz
    The Kansas Food Bank gave out record numbers of Friday food packages to schoolchildren in Wichita and throughout the state this year as part of its Food 4 Kids program. The highest number of backpacks of food handed out to needy school children was 7,158 during a week in February, said Larry Gunkel, a Food Bank official running the program. (Snip) The program ensures that students identified by school staff as chronically hungry can get a backpack of food on Fridays for the weekend. Teachers and school social workers have told the Food Bank
  • 1 bank robbery suspect killed, 2 others arrested, FBI says

    05/11/2013 6:18:29 PM PDT · by LibWhacker · 6 replies
    Chicago Tribune ^ | 5/11/13 | Rosemary Regina Sobol and Robert McCoppin
    FBI agents shot one bank robbery suspect dead and arrested two others at a bank in the small town of Richmond on Friday, investigators said. Federal investigators had been tailing the three men on I-90 and to the bank because they were suspected of previous bank robberies and were thought to be planning another, a source close to the investigation said. FBI spokeswoman Joan Hyde said the men "had been the subject of an investigation," but declined to elaborate. The shooting occurred at about 11:30 a.m. in the parking lot of Associated Bank at 10910 N. Main St. in Richmond,...
  • Gov't Inspector: $50 Million Stolen From US Treasury Disappears After Being Found in Afghan Bank

    05/10/2013 5:59:18 AM PDT · by huldah1776 · 24 replies
    CNSNEWS.com ^ | May 9, 2013 | joe Schoffstall
    John F. Sopko, the Special Inspector General for Afghanistan Reconstruction (SIGAR), spoke at New America Foundation's National Security Studies Program on Wednesday and said $50 million of U.S. taxpayer dollars was stolen from the United States Treasury and found in a bank in Afghanistan. The money has since gone missing. "We identified 50 million dollars stolen from the United States Treasury and it was sitting in an Afghan bank account," said Sopko. "We identified the bank account, we obtained a court order in the United States and had it served on the Afghan government to get them to seize that...
  • Feds in NYC: Hackers stole $45M in ATM card breach

    05/10/2013 3:33:57 AM PDT · by SkyPilot · 12 replies
    AP ^ | 10 May 13 | COLLEEN LONG
    A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday — and outmoded U.S. card technology may be partly to blame. Seven people are under arrest in the U.S. in connection with the case, which prosecutors said involved thousands of thefts from ATMs using bogus magnetic swipe cards carrying information from Middle Eastern banks. The fraudsters moved with astounding speed to loot financial institutions around the world, working in cells including one in...
  • Treasury Identifies Kassem Rmeiti & Co. for Exchange and Halawi Exchange Co. ...

    04/24/2013 11:05:11 PM PDT · by Cindy · 12 replies
    U.S. DEPARTMENT OF THE TREASURY ^ | April 23, 2013 | n/a
    NOTE The following text is a quote: www.treasury.gov/press-center/press-releases/Pages/jl1908.aspx Treasury Identifies Kassem Rmeiti & Co. for Exchange and Halawi Exchange Co. as Financial Institutions of “Primary Money Laundering Concern” 4/23/2013 In First Use of Section 311 Against a Non-Bank Financial Institution, Treasury Acts to Protect the U.S. Financial System from Foreign Exchange Houses Tied to Global Narcotics and Money Laundering Networks and Hizballah WASHINGTON – The U.S. Department of the Treasury today named two Lebanese exchange houses, Kassem Rmeiti & Co. For Exchange (Rmeiti Exchange) and Halawi Exchange Co. (Halawi Exchange), as foreign financial institutions of primary money laundering concern under...
  • Oregon Woman Wins 3-Year Fight Against Wells Fargo Foreclosure

    04/16/2013 8:12:10 AM PDT · by Altariel · 13 replies
    Yahoo! ^ | April 15, 2012 | Susanna Kim
    A woman in Tualatin, Ore., is breathing a sigh of relief after a three-year battle to prove Wells Fargo had wrongfully moved to foreclose on her home, saying she had missed mortgage payments. A judge ruled Wednesday that Wells Fargo failed to prove she was actually behind in her payments, which Delores Dingman, 80, attributes to the bank's simple "accounting errors." "I just praise God for it all because I kept praying so many times about this, because I knew I had made the payments, but their accounting errors made it hard," she said.
  • Woman uses bag of spaghetti sauce to rob bank

    04/09/2013 8:20:30 AM PDT · by rightwingintelligentsia · 22 replies
    WPXI ^ | April 9, 2013 | Rick Couri
    Bank tellers thought it was a bomb but it turned out to be a pasta topping. A woman sat a bag of red liquid on the counter of the Fifth Third bank and demanded money. The teller, not knowing what was in the bag gave her cash and the woman described to be in her 60's left the bank. Once police and the bomb squad arrived at the bank in Clinton Township Michigan they were able to check the contents and confirm it was only spaghetti sauce and not a bomb.
  • GE to Buy Oil & Gas Giant Lufkin for $3.38 Billion

    04/08/2013 5:09:34 PM PDT · by haffast · 2 replies
    Reuters ^ | Monday, 8 Apr 2013 | 8:45 AM ET | Reuters
    General Electric agreed to buy oilfield services provider Lufkin Industries to expand its profitable oil and gas business. GE, the world's biggest maker of jet engines and electric turbines, has expanded in the energy industry with a series of acquisitions of companies that make equipment used in oil and gas production, while divesting assets in finance and media industries. The company has spent about $11 billion in acquisitions since 2007 to boost its presence in the oil and gas business, which is the conglomerate's fastest-growing and which contributes about 10 percent of its total revenue. Lufkin will broaden GE's artificial...
  • The Global Elite Are Very Clearly Telling Us That They Plan To Raid Our Bank Accounts

    04/01/2013 2:03:31 PM PDT · by Mozilla · 21 replies
    http://theeconomiccollapseblog.com/ ^ | 3/18/13 | Michael Snyder
    So exactly how did the big banks in Cyprus get into so much trouble? Well, they have been doing exactly what hundreds of other large banks all over the U.S. and Europe have been doing. They have been gambling with our money. In particular, the big banks in Cyprus made huge bets on Greek sovereign debt which ended up failing.But what happened in Cyprus is just the tip of the iceberg. All over the planet major financial institutions are being incredibly reckless with client money. They are leveraged to the hilt and they have transformed the global financial system into...
  • The Confiscation Scheme Planned for U.S. and U.K. Depositors (Greece?)

    03/29/2013 6:39:56 AM PDT · by Texas Fossil · 15 replies
    Truth Dig ^ | Mar 28, 2013 | Ellen Brown
    Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds. New Zealand has a similar directive, discussed in my last article here, indicating...
  • Cyprus's choice: Iceland or Greece?

    03/22/2013 9:28:38 PM PDT · by JSDude1 · 8 replies
    The Telegraph (UK) ^ | Last updated: March 22nd, 2013 | Daniel Hannan
    What will the unhappy Cypriots do? Will they mortgage themselves to a dodgy, authoritarian kleptocracy? Or – drumroll – will they spurn the EU and take Russia's money instead? Actually, there is a far better option: an option offered by another thinly populated island on the fringes of Europe whose financial sector had outgrown its economy. Cyprus could copy Iceland, let its banks collapse, and leave their shareholders and bondholders to sustain the loss. There is often a perception lag when it comes to foreign countries. Most people in the EU still have the idea that Iceland is in economic...
  • MO:Person shoots bank robbery suspect, high-speed chase follows

    03/03/2013 7:28:02 AM PST · by marktwain · 26 replies
    kctv5.com ^ | 2 March, 2013 | Stephen Mayer
    LIBERTY, MO (KCTV) - A bank robbery suspect is in a Kansas City hospital. He was shot while trying to hold up a bank in Trimble, MO. MOREAdditional Links It all started shortly after 1:30 p.m. Friday at the First Security Bank located on U.S. Highway 169 in Trimble. First Security Bank is not a traditional bank where just anybody can walk in, so police said the suspect was most likely buzzed in before he pulled a gun and demanded cash. That's where things took an unusual turn. Trimble Police Chief Larry Fish said a civilian inside the bank pulled...
  • Armed citizen shoots suspect during attempted bank robbery in Missouri

    03/02/2013 6:58:42 PM PST · by marktwain · 23 replies
    Guns Save Lives ^ | 2 March, 2013 | Jennifer Cruz
    An armed man attempted to rob the First Security Bank in Trimble, Mo. Friday afternoon, March 1, according to Kansas City’s KCTV 5 News. However, the attempt landed the would-be robber in the hospital with a gunshot wound, as he didn’t anticipate to be met by an armed citizen. The man entered the bank, pulled a gun and demanded money. He was shot, then attempted to flee in his vehicle. Speculation is that he was shot by a bank employee, but this yet to be confirmed; only that he was shot by an armed civilian.
  • J.P. Morgan Pulls Belt Tight- Biggest U.S. Bank by Assets Plans to Cut 17,000 Jobs as Trend

    02/26/2013 9:01:14 PM PST · by Nachum · 16 replies
    wsj ^ | 2/26/13 | DAN FITZPATRICK
    J.P. Morgan Chase JPM -0.21% & Co. stepped up the pace of bank cost cutting, setting plans to eliminate 17,000 jobs by the end of next year and reduce expenses by at least $1 billion annually. The move announced Tuesday by the New York company, the nation's most profitable bank in 2012 and the biggest U.S. lender by assets, will reduce its staff by 6.5% in one of the most aggressive reductions to date amid widespread financial-industry cutbacks.
  • Federal Agents Arrest Man After He Attempts to Bomb Bank in Oakland

    02/11/2013 8:10:16 AM PST · by Paladin2 · 8 replies
    FBI Website ^ | February 08, 2013 | FBI
    OAKLAND, CA—Federal agents arrested Matthew Aaron Llaneza, age 28, of San Jose, California, this morning after he allegedly attempted to detonate a vehicle-borne explosive device at a bank branch in Oakland. Llaneza’s arrest was the culmination of an undercover operation during which he was closely monitored by the FBI’s South Bay Joint Terrorism Task Force. Unbeknownst to Llaneza, the explosive device that he allegedly attempted to use had been rendered inoperable by law enforcement and posed no threat to the public. Llaneza was charged this morning by criminal complaint with attempted use of a weapon of mass destruction against property...
  • Netanyahu: West Bank Could Go Way of Egypt, Syria

    01/02/2013 7:23:40 PM PST · by Nachum · 9 replies
    cbn news ^ | 1/2/13 | Julie Stahl
    JERUSALEM, Israel - Areas of Biblical Judea and Samaria (West Bank) under the Palestinian Authority rule could end up with a regime change like that in Egypt or a shaking like what is going on in Syria, Israeli Prime Minister Benjamin Netanyahu said. Speaking at the start of a Bible study at his home, Netanyahu likened the current situation in the Middle East to the beginning of the portion of the Jewish Bible (Torah -- first five books of the Bible) being studied this week. "Now there arose a new king over Egypt," Netanyahu said, quoting the passage from Exodus...
  • Handpicked Bank Fails Schools' Test (Reparations averted)

    12/16/2012 12:30:31 PM PST · by Libloather · 6 replies
    Rhino Times ^ | 12/13/12 | Paul C. Clark
    Handpicked Bank Fails Schools' Testby Paul C. Clark Staff Writer December 13, 2012 The administration of Guilford County School Superintendent Mo Green has killed an effort by the Guilford County Board of Education's four black members to divert taxpayer money from the banks Guilford County Schools usually uses to Durham-based Mechanics and Farmers Bank. After pressure from school board members Sandra Alexander, Deena Hayes, Carlvena Foster and Amos Quick, the school board in September voted unanimously to consider overriding the way it invests the taxpayer money it holds to steer money to one bank: the Greensboro branch of the black-owned,...
  • In cautionary move, Europe centralizes bank oversight

    12/12/2012 8:57:37 PM PST · by ruralvoter · 5 replies
    CBS News ^ | 12/12/12 | staff
    European Union finance ministers reached an agreement early Thursday to create a single supervisor for their banks - one of the most significant transfers of authority from national governments to regional authorities since the creation of the euro currency. Under the deal, banks with more than $39 billion in assets supervised or those that represent a significant proportion of their national economies will be placed under the oversight of the European Central Bank. The deal gives the ECB broad powers, including the ability to grant and withdraw banking licenses, investigate institutions, and financially sanction banks that don't follow the rules.
  • Israel West Bank Settlement Construction Approved By Government

    12/01/2012 10:55:20 PM PST · by Nachum · 10 replies
    Baltimore Jewish Life ^ | 12/1/12 | Aron Heller and Karin Laub
    JERUSALEM — Israel responded swiftly Friday to U.N. recognition of a Palestinian state, revealing it will build 3,000 more homes for Jews on Israeli-occupied lands that the world body overwhelmingly said belong to the Palestinians. The plans also include future construction in a strategic area of the West Bank where critics have long warned that Jewish settlements would kill hopes for a viable Palestinian state. Israel's moves served as a harsh reminder to Palestinians – euphoric over the U.N. upgrade – that while they now have a state on paper, most of it remains very much under Israeli control. "This...
  • Audit Says Kabul Bank Began as ‘Ponzi Scheme’

    11/28/2012 6:32:40 AM PST · by bjorn14 · 6 replies
    New York Times ^ | 26 Nov 2012 | Matthew Rosenburg
    Kabul Bank became Afghanistan’s largest financial institution by offering the promise of modern banking to people who had never had a saving or checking account. What it really dealt in was modern theft: “From its very beginning,” according to a confidential forensic audit of Kabul Bank, “the bank was a well-concealed Ponzi scheme.” Afghan and American officials had for years promoted Kabul Bank as a prime example of how Western-style banking was transforming a war-ravaged economy. But the audit, prepared this year for Afghanistan’s central bank by the Kroll investigative firm, gives new details of how the bank instead was...
  • Bank President Pulls Gun on Bank Robber (MO)

    11/03/2012 2:15:05 AM PDT · by marktwain · 2 replies
    guns.com ^ | 1 November, 2012 | dabneybailey
    You always hear stories of people pulling guns on bank tellers, but what about the other way around? When was the last time that you heard of a bank manager holding a bank robber at gun point? Peoples Bank & Trust President David W. Thompson of St. Louis, Missouri, turned the tables on a gun-toting thief with a weapon of his own. The St. Louis Post-Dispatch reported that it started the same way that most robberies start: a masked-man walked into a bank, held up the place, and then walked out with a bag full of loot. He should have...
  • President of Troy, Mo., bank pulls gun, nabs masked robber in parking lot

    10/31/2012 1:45:55 PM PDT · by marktwain · 20 replies
    stltoday.com ^ | 31 October, 2012 | Kim Bell
    TROY, Mo. • David W. Thompson, the president of a Troy bank, was in his office Tuesday afternoon talking with a salesman about advertising when his receptionist buzzed him with an emergency. "David, we've got a problem," she told him. Thompson said he looked out his office window into the bank lobby of Peoples Bank & Trust. He saw that his tellers looked fearful. And he saw a man wearing a heavy jacket and a ghoulish Halloween mask calmly walk away from the tellers, carrying one of the bank's money bags. Thompson, 58, followed the man outside, onto the parking...
  • Another Obama Executive Order Allows Seizure of Americans' Bank Accounts

    10/13/2012 9:09:25 PM PDT · by Nachum · 28 replies
    The New America ^ | 10/12/12 | Bob Adelmann
    The latest executive order (EO) emanating from the White House October 9 now claims the power to freeze all bank accounts and stop any related financial transactions that a “sanctioned person” may own or try to perform — all in the name of “Iran Sanctions.” Titled an “Executive Order from the President regarding Authorizing the Implementation of Certain Sanctions…” the order says that if an individual is declared by the president, the secretary of state, or the secretary of the treasury to be a “sanctioned person,” he (or she) will be unable to obtain access to his accounts, will be...
  • Anti-Jihad Ads Considered Constitutional

    10/01/2012 2:02:13 PM PDT · by Cindy · 67 replies
    COLLEGIAN.csufresno.edu - Top Opinion Story ^ | September 24, 2012 | Liana Whitehead
    SNIPPET: "New York City is the center of a public uproar as Internet blogger Pamela Gellar rises with an “anti-jihad” ad campaign." SNIPPET: "Gellar and her group are protesting the Jihad, which in definition is the religious duty of Muslims. According to the Dictionary of Islam, jihad is defined as “A religious war with those who are unbelievers in the mission of Muhammad . . . enjoined especially for the purpose of advancing Islam and repelling evil from Muslims.” The literal meaning of jihad, according to the British Broadcasting Network, “is struggle or effort, and it means much more than...