Keyword: bank

Brevity: Headers | « Text »
  • Ignoring Tsipras Plea For Calm, Greeks Storm ATMs, Stores, Gas Stations

    06/28/2015 2:18:22 PM PDT · by tcrlaf · 66 replies
    Zerohedge ^ | 6-28-2015 | Durden
    Just a few hours ago Greek PM Tsipras addressed his nation imploring then to "remain calm" and reassuring them that their "deposits were safe." It appears the Greeks did not believe him. Many were wondering where the Greek bank lines were for the past several months. Turns out the local depositors were merely waiting until just after the last minute to withdraw their funds... horde gas... and stack food. Greece, it appears is Venezuela - the new socialist paradise. Keep Calm...
  • Greek banks 'to stay shut on Monday'

    06/28/2015 10:10:25 AM PDT · by tcrlaf · 144 replies
    BBC News ^ | 6-28-2015 | BBC News
    Greece banks to stay closed on Monday, Piraeus Bank chief says, after emergency meeting in Athens This breaking news story is being updated and more details will be published shortly
  • Republican Prosecuted for Withdrawing Cash from Bank

    06/22/2015 2:43:24 PM PDT · by Jess Kitting · 38 replies
    MoneyWise 411 ^ | June 22, 2015 | None
    Can’t believe it… The timing here is just eerie, especially after what happened a few days ago… America’s most respected newspaper, The New York Times, just published an article titled: “When It’s a Crime to Withdraw Money From Your Bank.” The NYT article details how Federal lawyers (from Obama’s Federal Bureau of Investigation), are prosecuting a former Republican representative for withdrawing his own money from his own bank account. DEVELOPING: Senator: “go to the ATM machine… draw out everything it will let you take” The Republican politician, former Speaker of the House under President George H. Bush, now faces a...
  • Dennis Hastert: When It’s a Crime to Withdraw Your Own Money From Your Bank

    06/07/2015 5:39:30 PM PDT · by SeekAndFind · 64 replies
    New York Times ^ | 06/07/2015 | Josh Barro
    Dennis Hastert has not been indicted on a charge of sexual abuse, nor has he been indicted on a charge of paying money he was not legally allowed to pay. The indictment of Mr. Hastert, a former House speaker, released last week, lays out two counts: taking money out of the bank the wrong way, and then lying to the F.B.I. about what he did with the money. Does that make sense? Conor Friedersdorf of The Atlantic, for example, is worried that the indictment constitutes government overreach, punishing Mr. Hastert for concealing payments whose disclosure he may have thought would...
  • MAJOR US BANKS CLOSING BORDER BRANCHES TO FIGHT MONEY LAUNDERING

    05/31/2015 9:14:53 AM PDT · by Whenifhow · 17 replies
    Breitbart ^ | May 30 2015 | SYLVIA LONGMIRE
    As more money continues to flow into the pockets of Mexican drug cartels, traffickers need to maintain a solid network of places—often along the southwest border—where they can launder drug money. However, in an attempt to stymie these efforts, several major US banks have been closing numerous branches in the region and shutting down hundreds of customer accounts. According to a WSJ report, the Arizona border town of Nogales, population 21,000, is feeling the financial pinch most strongly. In the past several months, J.P. Morgan, Bank of America Corp. and Citigroup Inc.-owned Banamex USA have shut a total of four...
  • Former House Speaker Hastert Indicted In Probe Into $3.5M In Withdrawals

    05/28/2015 4:40:52 PM PDT · by navysealdad · 168 replies
    Former Speaker of the House Dennis Hastert was indicted Thursday by a federal grand jury in Chicago. The Illinois Republican, 73, is charged with trying to evade cash withdrawal requirements, and with lying to the FBI about it.
  • Hackers are draining bank accounts via the Starbucks app

    05/14/2015 7:10:28 PM PDT · by Enlightened1 · 30 replies
    CNN ^ | 05/14/15
    Thieves are stealing money from people's credit cards, bank and PayPal accounts -- by first tapping into their Starbucks mobile app. Starbucks (SBUX) on Wednesday acknowledged that criminals have been breaking into individual customer rewards accounts. The Starbucks app lets you pay at checkout with your phone. It can also reload Starbucks gift cards by automatically drawing funds from your bank account, credit card or PayPal. That's how criminals are siphoning money away from victims. They break into a victim's Starbucks account online, add a new gift card, transfer funds over -- and repeat the process every time the original...
  • Wells Fargo charged with opening accounts without permission

    05/05/2015 11:36:54 AM PDT · by Timber Rattler · 16 replies
    CNN, via WCYB.com ^ | May 5, 2015 | Chris Isidore
    Wells Fargo is accused of opening up accounts and credit cards in customers' names without their authorization. The complaint charges that bank employees opened new accounts for existing customers without their authorization, in order to meet sales quotas. The employees also allegedly transferred money from customers' authorized accounts to pay fees on the unauthorized accounts. When fees on unauthorized accounts went unpaid, some customers were placed into collection. Others had negative information placed on their credit reports as a result.
  • Russia: Massive Capital Flight Continues

    05/03/2015 11:40:01 PM PDT · by WhiskeyX
    EurasiaNet ^ | April 30, 2015 - 11:52am | EurasiaNet
    Amid Russia’s economic woes, billions of dollars continue to disappear in offshore havens. The net outflow of capital from Russia reached $32.6 billion during the first quarter of 2015, according to the nation’s Central Bank. The bank is now forecasting that capital flight may reach $131 billion by the end of the year. In reporting first quarter numbers, the Central Bank also upwardly revised the 2014 figure for net capital outflow to $154.1 billion from the previously reported $151.5 billion. That figure marks the highest annual total of capital flight since the Central Bank started tracking the trend back in...
  • Moldovans demand justice for vanishing $1 billion, lack of government action

    05/03/2015 8:53:27 PM PDT · by WhiskeyX · 29 replies
    Radio Free Europe / Radio Liberty (RFE/RL) ^ | May 4, 2015, 12:11 a.m. | Tatiana Darie
    CHISINAU, Moldova - Tens of thousands of Moldovans took to the streets on May 3 in the Moldovan capital of Chisinau to demand justice for a banking scandal that saw $1 billion vanish from three of the country’s biggest banks. They are calling for some political leaders in the ruling pro-European coalition to step down for their lack of action over the scandal and poor governance. The participants dispersed peacefully in the central square at midday, chanting slogans such as "Moldova is ours," "We are Moldova," and "The thieves must go to jail." Moldovans are looking for answers after $1...
  • China's New Development Bank Is Becoming A Massive Embarrassment For Obama

    03/31/2015 6:10:37 AM PDT · by blam · 14 replies
    BI ^ | 3-31-2015 | Mikw Bird
    Mike Bird March 31, 2015China's new development bank, which was announced just five months ago, is becoming a massive headache for the US. Try as it might, the US government can't convince its allies to stop joining the Asian Infrastructure Investment Bank (AIIB). The bank will be a bit like the World Bank, providing loans to developing countries in Asia for infrastructure projects. Unlike the World Bank, China will hold the reins of the AIIB. The US administration is publicly worried that the institution won't meet high governance standards, but really seems opposed to the move because it signals a...
  • [Australia]set to introduce tax on bank deposits

    03/30/2015 9:40:27 AM PDT · by Lorianne · 26 replies
    ABC ^ | 28 March 2015
    The idea of a bank deposit tax was raised by Labor in 2013 and was criticised by Tony Abbott at the time. Assistant Treasurer Josh Frydenberg has indicated an announcement on the new tax could be made before the budget. The Government is heading for a fight with the banking industry, which has warned it will have to pass the cost back onto customers. Mr Frydenberg is a member of the Government's Expenditure Review Committee but has refused to provide any details
  • Government Orders Bank Tellers To Alert Police About Your Cash Withdrawals

    03/23/2015 4:38:37 PM PDT · by amorphous · 88 replies
    SHTFPlan.com ^ | March 23rd, 2015 | Mac Slavo
    How can you tell if you’re living in a police state? The short answer is that you’re living in a police state when everyone becomes a suspected criminal or terrorist. And if the following report is any indicator, then welcome to the Reich. The Justice Department has ordered bank tellers across America to contact law enforcement if they suspect your cash withdrawal may have something to do with illicit activity. There doesn’t need to be proof, or any sort of red flag indicator – merely suspicion by the bank teller processing your transaction is now enough to have you investigated...
  • Swedish central bank cuts key rate further below zero

    03/18/2015 10:15:40 AM PDT · by C19fan · 18 replies
    AFP ^ | March 18, 2015 | Tom Sullivan
    Sweden's central bank took its key interest rate further into negative territory Wednesday in a surprise move aimed at supporting a return to inflation. Related Stories Sweden cuts key rate again to record minus 0.25 pct Associated Press India's central bank cuts key interest rate Associated Press German central bank: ECB stimulus means less reform pressure Associated Press European Central Bank leaves rates unchanged; await QE details MarketWatch The currency wars have begun MarketWatch The Riksbank cut its repo rate by 0.15 percentage points to -0.25 percent and said it was buying government bonds worth 30 billion kronor ($3.4 billion,...
  • $4.8M in gold bars stolen in armored truck heist on highway

    03/02/2015 8:51:09 PM PST · by Redcitizen · 51 replies
    AP ^ | 03-02-2015 | By MICHAEL BIESECKER
    RALEIGH, N.C. (AP) — Shortly after dusk along a lonely stretch of Interstate 95, armed robbers hijacked an armored truck, tied up the two guards and disappeared into the night with 275 pounds of gold bars.
  • State's ObamaCare overcharges 13K (auto bank account withdrawals - Pelosi knew)

    02/26/2015 3:31:40 AM PST · by Libloather · 8 replies
    The Hill ^ | 2/25/15 | Peter Sullivan
    The Washington state ObamaCare exchange says that it withdrew the incorrect amount of money from the bank accounts of 13,000 people. Some of the people say that more than three times the correct amount was withdrawn for their monthly premium for health insurance. Richard Onizuka, the CEO of the exchange, told KIRO 7 TV in Seattle that it was working with its contractor, Deloitte, to fix the error affecting people who set up automatic payments and that they would be refunded within 48 hours. "We apologize to our impacted customers and are working to correct the problem to minimize any...
  • HSBC Bank: Secret Origins To Laundering The World's Drug Money

    02/16/2015 9:30:43 AM PST · by Nachum · 11 replies
    zero hedge ^ | 2/16/15 | Tyler Durden
    Submitted by the Drug Trafficking & Narco-Terrorism Department of GreatGameIndia HSBC Bank : Secret Origins To 26/11 Mumbai Attacks#SwissLeaks what the media has termed it is a trove of secret documents from HSBC’s Swiss private banking arm that reveals names of account holders and their balances for the year 2006-07. They come from over 200 countries, the total balance over $100 billion. But nowhere has the HSBC Swiss list touched off a more raging political debate than in India.That’s why to obtain and investigate the Indian names, The Indian Express partnered in a three-month-long global project with the Washington-based International...
  • IRS: We’re Sorry for Seizing Small Business Bank Accounts

    02/11/2015 5:20:13 PM PST · by Libloather · 41 replies
    PJ Media ^ | 2/11/15 | Liz Sheld
    The IRS has apologized for stealing, or rather seizing, the back accounts of small businesses that did nothing other than deposit an improper amount of cash into their accounts. Pressured by Congress, the IRS has apologized for seizing banks accounts from otherwise law-abiding business owners simply because those owners structured bank transactions to avoid federal reporting requirements. The Associated Press reports “IRS Commissioner John Koskinen told Congress Wednesday that the IRS is changing policies to prevent the seizures, as long as the money came from legal means.” Civil asset forfeiture is a government racket where “suspicious” deposits at one’s banking...
  • Clinton foundation 'received $81million in donations from controversial HSBC Swiss bank...

    02/10/2015 1:12:24 AM PST · by Libloather · 22 replies
    Daily Mail ^ | 2/10/15 | Kieran Corcoran
    Clinton foundation 'received $81million in donations from controversial HSBC Swiss bank - including $1million to dress up as a Russian soldier for lavish fundraiser' Bill and Hillary Clinton's charitable foundation reportedly received as much as $81million from clients with accounts with at HSBC's Swiss bank in Geneva. The contributions - including $1million in exchange for Bill attending a lavish fancy-dress party in Russia - come from wealthy clients who are protected by Switzerland's robust banking secrecy laws. Details of 30,000 accounts have come to light after an enormous banking leak - which brought with it the names of seven donors...
  • Illegal pet monkey bites woman at bank, seized by ACS

    01/30/2015 9:53:36 PM PST · by ConservativeStatement · 25 replies
    KSAT ^ | January 30, 3015 | By RJ Marquez
    SAN ANTONIO - Officials with Animal Care Services seized a juvenile Macaque Monkey Thursday morning after it reportedly bit a woman at a North Side bank. According to an ACS press release, the monkey's owner apparently brought the animal into the bank last week where the primate bit a female employee. The animal was also unrestrained. The owner reportedly fled with the monkey after the incident, ACS officials said.
  • Austrian Bank On The Edge! Derivatives Is 10 Times The Size Of The Global Economy

    01/28/2015 1:49:24 PM PST · by alexmark1917 · 18 replies
    Last year Austria's largest bank, Erste Bank, sent shudders of Credit Anstalt through the European Banking System. This year it is Austria's 3rd largest bank that is scaring investors senseless. On the heels of the Swiss National Bank's decision to un-peg from the Euro, Raiffeisen Bank's Swiss-Franc-Denominated mortgage worries have resurfaced (along with Russian/Ukraine writedowns) and nowhere is that more evident than the total collapse of the bank's bonds (from over 95c to 65c today). Even after the ECB Q€ (and some apparent intervention to weaken the Swissy) bonds kept free-falling. Perhaps, The Freedom Party's demands for a bailout will...
  • Swiss ATM "Unable To Dispense Euros At The Moment"

    01/15/2015 6:42:04 AM PST · by tcrlaf · 14 replies
    Zerohedge ^ | 11-15-2015 | Durden
    Swiss ATMs refuse to deliver Euros...
  • Smoking Gun? Tape Recordings Reveal the Real Reason Bank Closed Gun Seller’s Account

    01/14/2015 4:28:44 PM PST · by barmag25 · 33 replies
    Daily Signal ^ | 01/14/15 | Kelsey Harkness
    Another gun seller says his firearms business was forced to shut down its bank account as a result of the government’s secretive initiative known as Operation Choke Point. This time, he’s offering audio recordings to prove it. Mike Schuetz is a former state employee who worked as a probation and parole officer for eight years in Hawkins, Wis. After working for the state, he told Breitbart News that he decided to open a private investigation business and operate a gun store on the side. His store, Hawkins Guns LLC, sells both firearms and ammunition. To manage his finances, Schuetz set...
  • Former MIT Professor 'robbed Manhattan bank and filmed the whole heist for art project'

    01/11/2015 6:41:44 AM PST · by Libloather · 30 replies
    Daily Mail ^ | 1/10/15 | Pete D'amato
    **SNIP** He handed the bank teller a note, which asked for a donation to be made to his church, according to documents filed in court. Rhode Island police believe that the former professor, who currently lives in a Boston suburb, is responsible for a similar heist at a bank in Providence. According to the Providence Journal, a middle-aged man robbed a Citizens Bank in November, telling the clerk who handed over $3,000, 'Thank you, this is for the church.' The Post reports that while waiting to be arraigned for the incident on New Year's Eve, Gibbons told another man who...
  • Greece Scrambles To Prevent Deposit Run Goldman Warned About In Its "Worst Case"

    12/29/2014 8:21:15 AM PST · by GilGil · 11 replies
    Zerohedge ^ | 12/29/2014 | Tyler Durden
    Stripping all the political correctness, what Goldman said is that unless Greece quickly folds back in line and does as unelected Brussels eurocrats demand, there may well be a Cyprus-style bank closure coupled with preemptied bank runs. Oops. Because if that was the doubled-down bluff, then Greece just called it, and the "downside scenario" is now in play. Which means Greece now has to scramble to avoid precisely what Goldman warned would happen if the Greeks dared to put their (meagre) savings at risk. And, case in point, here is the Greek finance minister rushing to squash the next steps,...
  • Russia Contagion Spreads To European Banks : French SocGen, Austrian Raiffeisen Plummet

    12/16/2014 12:15:39 PM PST · by Former Proud Canadian · 4 replies
    Zerohedge ^ | Sept 16, 2014 | Tyler Durden
    . We recently noted the rise of counterparty risks in the financial system due to oil prices dropping (and leveraged derivative exposures) but as the Russia situation has deteriorated so dramatically this week, a renewed focus on bank exposures has sent stocks reeling (and credit risk soaring) among many European (and US) banks. As Bloomberg reports, Raiffeisen Bank International and Societe Generale, the European banks with most at stake in Russia, led European lenders lower. Raiffeisen fell as much as 10.3% to 11.40 euros in Vienna, the lowest level since it went public in 2005. Societe Generale dropped as much...
  • Presenting The $303 Trillion In Derivatives That US Taxpayers Are Now On The Hook For

    12/12/2014 6:25:55 AM PST · by coloradan · 57 replies
    Zerohedge ^ | 12/12/2014 | Zerohedge
    Courtesy of the Cronybus(sic) last minute passage, government was provided a quid-pro-quo $1.1 trillion spending allowance with Wall Street's blessing in exchange for assuring banks that taxpayers would be on the hook for yet another bailout, as a result of the swaps push-out provision, after incorporating explicit Citigroup language that allows financial institutions to trade certain financial derivatives from subsidiaries that are insured by the Federal Deposit Insurance Corp, explicitly putting taxpayers on the hook for losses caused by these contracts. Recall: (more at link)
  • WARNING Bank Deposits Will Soon No Longer Be Considered Money But Paper Investments

    11/16/2014 7:23:09 PM PST · by dontreadthis · 88 replies
    Economic Policy Journal ^ | NOVEMBER 13, 2014 | Kenneth Schortgen Jr
    This weekend the G20 nations will convene in Brisbane, Australia to conclude a week of Asian festivities that began in Beijing for the developed countries and major economies. And on Sunday, the biggest deal of the week will be made as the G20 will formally announce new banking rules that are expected to send shock waves to anyone holding a checking, savings, or money market account in a financial institution. On Nov. 16, the G20 will implement a new policy that makes bank deposits on par with paper investments, subjecting account holders to declines that one might experience from holding...
  • Former Bank Teller Sentenced to More Than 49 Years in Prison for Inside Job Bank Robberies

    11/01/2014 12:10:59 PM PDT · by Larry381 · 17 replies
    U.S. Department of Justice ^ | September 11, 2014 | U.S. Attorney’s Office District of Arizona
    PHOENIX—On Sept. 10, 2014, Joel Leon Thomas, Jr., 24, of El Mirage, Ariz., was sentenced by Judge David G. Campbell to 49.5 years in federal prison for masterminding three bank robberies in Peoria, Surprise, and Sun City from January—February 2012. In March 2014, a federal jury found Thomas guilty of three counts of conspiracy to commit bank robbery, two counts of aid and abet armed bank robbery, one count of aid and abet bank robbery, and two counts of using a firearm in furtherance of a crime of violence. The evidence at trial showed that Thomas, a bank teller at...
  • AZ:Armed Citizen Thwarts Bank Robbers, Kills One

    10/18/2014 10:55:16 AM PDT · by marktwain · 30 replies
    Gun Watch ^ | 17 October, 2014 | Dean Weingarten
    After being shot, one robber dropped the stolen money. An armed citizen in Arizona has stopped a bank robbery in a dramatic and effective fashion.   It appears that he determined what was happening, took action, and fired on the armed robbers when they resisted.   One robber was killed, the other is in custody.   It reminds one a bit of the famous Arkansas bank robbery that was thwarted by armed citizens in 1922.  From abc15.com: "He took the keys out of the car because they left the car running. And so he took the keys out of the car and...
  • Obama Goes to the Bank

    09/06/2014 7:13:12 PM PDT · by TBP · 6 replies
    Facebook ^ | ??? | Adrain Cronauer?
    President Obama walks into a local bank in Chicago to cash a check. He is surrounded by Secret Service agents. As he approaches the cashier he says, "Good morning Ma'am, could you please cash this check for me?" Cashier: "It would be my pleasure sir. Could you please show me your ID?" Obama: "Truthfully, I did not bring my ID with me as I didn't think there was any need to. I am President Barack Obama, the President of the United States of AMERICA !!!!" Cashier: "Yes sir, I know who you are, but with all the regulations and monitoring...
  • US speaks out against Israel´s decision to expand state land in West Bank

    08/31/2014 6:19:37 PM PDT · by Nachum · 25 replies
    Jpost.com ^ | 8/31/14 | staff
    The United States responded on Monday to news that Israel was planning to expand its state land and launch a new building project in the West Bank. The IDF on Sunday conferred the status of state land on 4,000 dunams in the Gush Etzion region, thus ending the civil administration’s investigation into the possibility that parcels were private Palestinian property. [Snip] "We have long made clear our opposition to continued settlement activity," a State Department official said. "This announcement, like every other settlement announcement Israel makes, planning step they approve and construction tender they issue, is counterproductive to Israel´s stated
  • Bank Admits Choking Off 3 Legal Enterprises at Government Behest

    08/26/2014 9:02:54 AM PDT · by SeekAndFind · 15 replies
    Daily Signal ^ | 08/27/2014 | Kelsey Harkness
    SunTrust Bank is cutting ties with three types of legal businesses in the latest evidence of the Obama administration’s secretive crusade against “objectionable” enterprises. SunTrust, which counts more than 400,000 small business clients, cited “compliance requirements” as its reason for closing accounts with “payday lenders, pawn shops and dedicated check-cashers.” “It is consistent with long-standing industry practice to review relationships to ensure they satisfy a range of business and risk considerations,” the bank said in a little-noticed press release dated Aug. 8. In the same blanket notice, however, SunTrust underlined its support for maintaining bank relationships with licensed gun sellers....
  • 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...