Articles Posted by Colonial Warrior

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  • Bank executives indicted in Virginia bank failure

    07/12/2012 6:00:00 PM PDT · by Colonial Warrior · 5 replies
    Chicago Tribune (Business) ^ | 12 July 2012 | Reuters, Reporting by Rick Rothacker
    (Reuters) - Former top executives of a failed U.S. bank in Norfolk, Virginia, have been indicted by a federal grand jury on bank fraud and other charges for hiding loan losses in a scheme that allegedly led to the bank's demise, officials said Thursday.
  • 'Stressed' Bank of England official stabbed self to death

    07/11/2012 3:34:56 PM PDT · by Colonial Warrior · 9 replies
    The Telegraph ^ | 4 July 2012 | by Telegraph Reporters
    A Bank of England manager stabbed himself to death due to the over-whelming pressure he was under at work, an inquest has heard.
  • Scandal that could ruin banking giants: U.S. lawyers prepare to sue financial firms

    07/10/2012 5:13:31 PM PDT · by Colonial Warrior · 7 replies
    dailymail ^ | 3 July 2012 | Toby Harnden
    "An American lawyer leading a class action suit in the United States has said that Barclays and other banks accused of rigging the Libor lending rate could be liable for hundreds of billions of dollars in damages." "‘There are thousands if not tens of thousands of entities that could possibly have a claim,’ said Michael Hausfeld...."
  • Three central banks take action in sign of alarm

    07/05/2012 4:41:43 PM PDT · by Colonial Warrior · 2 replies
    Reuters ^ | 5 July 2012 | Writing by Mike Peacock,
    (Reuters) - China, the euro zone and Britain loosened monetary policy in the space of less than an hour on Thursday, signaling a growing level of alarm about the world economy, although suggestions of coordinated action were played down. Of the three, the surprise move was from Beijing which lowered its lending rate by 31 basis points to 6 percent following an interest rate cut just a month ago that also came out of the blue.
  • LIBOR Banking Scandal Deepens; Barclays Releases Damning Email, Implicates British Government

    07/04/2012 1:56:35 PM PDT · by Colonial Warrior · 9 replies
    Rolling Stone Politics ^ | 4 July 2012 | Matt Taibbi
    "This Libor-manipulation story grows crazier with each passing minute. We have officially disappeared now down the rabbit-hole of the international financial oligarchy. Former Barclays CEO Bob Diamond is testifying before parliament in London today...."
  • Criminal probe on global interest rate-fixing scheme - Barclays blows the whistle on America's Banks

    06/30/2012 2:00:06 PM PDT · by Colonial Warrior · 6 replies
    daily mail ^ | 28 June 2012 | Toby Harnden and Thomas Durante
    "Some of America's top banks are set to be dragged into a major criminal investigation of a global interest rate-fixing scandal about to engulf some of Wall Street's biggest institutions." "The worldwide probe centres on claims traders at Barclays colluded with rival banks to keep interest rates at levels to their benefit." "Barclays agreed to pay a whopping $453million in fines to the U.S. Justice Department and the UK's Financial Services Authority."
  • Bankers must be made to pay for their greed

    06/30/2012 1:18:01 PM PDT · by Colonial Warrior · 13 replies
    daily mail ^ | 29 June 2012 | Daily Mail Comment
    "Truly, the behaviour of some of Britain’s banks has been beyond contempt. Firstly, through greed and monumental misjudgment, they plunged Britain into a recession that could last a decade and which threatens our children’s futures."

    09/30/2009 5:04:56 PM PDT · by Colonial Warrior · 12 replies · 767+ views
    Terror News - Posted by Alan Peters ^ | Tuesday, September 29, 2009 | FROM JOSEPH FARAH'S G2 BULLETIN
    LONDON – Deep-cover MI6 agents who have described the workings of the once-secret underground uranium enrichment plant near the Iranian city of Qom now have discovered a staggering five more similar operations, according to a report....
  • Thomas Sowell: Obama shamelessly deceives on cost of health reform

    09/12/2009 12:13:25 PM PDT · by Colonial Warrior · 11 replies · 720+ views
    Omaha World Herald ( ^ | 12 September 2009 | Thomas Sowell
    “Hubris-laden charlatans” was the way a recent e-mail from a reader characterized the Obama administration. That phrase seems especially appropriate for the charlatan in chief, Barack Obama, whose speech to a joint session of Congress was both a masterpiece of rhetoric and a shameless fraud. To tell us, with a straight face, that he can insure millions more people without adding to the already skyrocketing deficit is world-class chutzpa and an insult to anyone’s intelligence. To do so after an analysis by the Congressional Budget Office has already showed this to be impossible reveals the depths of moral bankruptcy behind...

    09/05/2009 5:59:52 PM PDT · by Colonial Warrior · 16 replies · 931+ views
    Anti-Mullah Blog ^ | Friday, September 04, 2009 | Posted by Alan Peters
    While you may still have the delusion that Congress and Senators work for you because you elected them and pay their wages, and are there to serve you, Obama and his 44 (so far) UNELECTED, UNVETTED, AND responsible ONLY TO HIM and not even subject to Congressional oversight Czars are not your servants - they are your bosses, your rulers and there is nothing you can do about it. NOTHING, short of removing King Obama from office and thus his "princes" with him.
  • Obama's Choice of September 8th to Address Children Has A Vital Hidden Agenda

    09/03/2009 7:31:18 PM PDT · by Colonial Warrior · 33 replies · 1,450+ views
    Anti-Mullah Blog ^ | Thursday 3 September 2009 | Posted by Alan Peters
    As an observer of the Oba-Hussein Administration strategy and tactics, which increasingly seems to misjudge the minds of the American people and bask in the narcissistic glow of accolades from their core admirers and bought supporters, it occurred to me that the choice of Tuesday September 8th to try to hog the national news scene has much to do with another MAJOR event taking place on that date...
  • Hillary Clinton says Palestinians must change attitudes about terrorism

    11/13/2005 9:24:33 AM PST · by Colonial Warrior · 64 replies · 1,557+ views ^ | 13 November 2005 | By: RACHEL HOAG
    JERUSALEM (AP) - U.S. Senator Hillary Clinton said Sunday that she supports the separation barrier Israel is building along the edges of the West Bank, and that the onus is on the Palestinian Authority to fight terrorism. "This is not against the Palestinian people," Clinton, a New York Democrat, said during a tour of a section of the barrier being built around Jerusalem. "This is against the terrorists. The Palestinian people have to help to prevent terrorism. They have to change the attitudes about terrorism." Israel has built about three-fourths of the barrier, which is expected to stretch about 680...
  • CIA: Iran advanced in nuke program

    11/12/2005 11:45:17 PM PST · by Colonial Warrior · 30 replies · 849+ views
    The Jerusalem Post ^ | 13 November 2005 | By JPOST STAFF AND AP
    American intelligence believe that Iran has advanced on its march toward development of nuclear weapons, a major US newspaper reported Sunday. The newspaper The New York Times said that the CIA passed intelligence to the International Atomic Energy Committee that had been recovered from a computer stolen from a top Iranian official. The documents contained descriptions of experiments and blueprints of Iranian nuclear facilities. The US intelligence agency claimed that this new information was the strongest evidence yet that Iran is trying to develop a compact nuclear warhead to fit atop its lauded Shahab missile, which can reach Israel. Speaking...
  • Lawmaker probes conspiracy in Tupac killing

    11/12/2005 7:17:55 PM PST · by Colonial Warrior · 38 replies · 2,423+ views
    Scripps Howard News Service ^ | 10 November 2005 | By BENJAMIN GROVE, Las Vegas Sun
    WASHINGTON -- A conspiracy theory is brewing in Congress, but it has nothing to do with the typical inside-the-Beltway preoccupations: Did the government take part in a conspiracy to kill rapper Tupac Shakur? While conspiracy theorists are still plumbing Shakur's unsolved Las Vegas murder, a member of Congress wants some answers. Rep. Cynthia McKinney, D-Ga., has introduced a bill aimed at uncovering documents in the death investigation of Shakur, who was shot in 1996 at Koval Lane and East Flamingo Road. But, adding to the mystery in this conspiracy, she won't say why. Approached outside her congressional office on Wednesday,...
  • New Orleans' election, mayor both up in air

    11/12/2005 6:19:02 PM PST · by Colonial Warrior · 20 replies · 974+ views ^ | 11 November 2005 | By Bill Nichols, USA TODAY
    A banner behind New Orleans Mayor Ray Nagin during a town hall meeting at True Light Baptist Church offered soothing words from the Bible's book of Galatians: "Walk in the Spirit." Yet as Nagin faced hundreds of frustrated, displaced people from the most devastated parts of New Orleans on Monday night, the spirit he had to walk through was anger from people who blame him for their shattered lives. "Don't shoot the messenger," Nagin pleaded during the two-hour session. "I'm just telling you what the people in Washington are telling me." But Nagin, not politicians in Washington, is the messenger...
  • Peter Drucker, father of modern management, dies of natural causes at 95

    11/11/2005 7:58:26 PM PST · by Colonial Warrior · 40 replies · 1,961+ views ^ | ALEX VEIGA. AP Writer
    LOS ANGELES — Peter F. Drucker, revered as the father of modern management for his numerous books and articles stressing innovation, entrepreneurship and strategies for dealing with a changing world, died Friday. He was 95. Drucker died of natural causes at his home in Claremont, east of Los Angeles, said Bryan Schneider, a spokesman for Claremont Graduate University, where Drucker taught. "He is purely and simply the most important developer of effective management and of effective public policy in the 20th century," former U.S. House Speaker Newt Gingrich said Friday. "In the more than 30 years that I've studied him,...
  • Barbra Streisand: Impeach Bush!

    11/05/2005 9:05:17 PM PST · by Colonial Warrior · 96 replies · 2,555+ views ^ | Saturday, Nov. 5, 2005 |
    Democratic Party fat-cat-songbird Barbra Streisand is calling for President Bush to be impeached because he "deceived" the country about weapons of mass destruction in Iraq. In the latest Streisand "Truth Alert" posted to her web site, the Democrat diva declares: "If there was ever a time in history to impeach a President of the United States, it would be now. In my opinion, it is two years too late. "We were clearly deceived by this administration and now we find ourselves fighting a war under false pretenses . . .
  • Tony Snow: Liberals Will Call Alito 'Fascist'

    10/31/2005 7:12:22 PM PST · by Colonial Warrior · 54 replies · 2,153+ views ^ | 31 October 2005 | Tony Snow
    Syndicated columnist and commentator Tony Snow "loves” the Samuel Alito pick as the next U.S. Supreme Court nominee. He loves it for several reasons, including judicial philosophy, but also because it lights a fire under many politicians. Snow said during his self-titled radio program Monday that he loves the Alito pick as much as he hated the Harriet Miers nomination to the U.S. Supreme Court. "Bush screwed up with the Miers nomination,” Snow said. "A Supreme Court nomination is not for the faint of heart – it’s not an honor for nice people who bake a nice pie. By selecting...
  • Stallone To Make Another 'Rambo'

    10/31/2005 4:31:37 PM PST · by Colonial Warrior · 31 replies · 792+ views
    The ^ | 31 October 2005 | AP
    LOS ANGELES -- Sylvester Stallone is reprising his role as gun-totin' John Rambo in the upcoming "Rambo IV." The 59-year-old actor is also coming back as Rocky. He will write and direct the film he's calling "Rocky Balboa," the sixth installment in the series. The new Rambo will start when the new Rocky wraps.
  • DeLay Uses Website to Attack Prosecutor

    10/15/2005 9:30:24 PM PDT · by Colonial Warrior · 15 replies · 813+ views
    MyWay ^ | 15 October 2005 | By JOHN SOLOMON
    WASHINGTON (AP) - Stung by his recent indictment in Texas, Tom Delay is trying to turn his legal woes into a financial boon for his re-election. The former House majority leader is using his congressional campaign to distribute to voters derogatory information about the prosecutor who brought the charges against him and to solicit donations for his re-election. "Help Tom fight back," reads one of the solicitations on the Web site that voters are being directed to as part of an Internet-based campaign funded by DeLay's re-election committee. Contributors, voters and others who sign up can get regular e-mails and...
  • DeLay's prosecutors lack a key document

    10/14/2005 9:14:31 PM PDT · by Colonial Warrior · 162 replies · 8,774+ views ^ | 14 October 2005 | R.G. RATCLIFFE
    They don't have list of candidates at the heart of the laundering case, just a 'similar' one AUSTIN - Travis County prosecutors admitted Friday they lack physical proof of a list of Republican candidates that is at the heart of money-laundering indictments against U.S. Rep. Tom DeLay and two of his associates. The list is key to prosecutors being able to prove that corporate money that could not be legally spent on Texas candidates was specifically exchanged at the national level for donations that legally could be spent on Republican candidates for the Texas House. Indictments against DeLay, Jim Ellis...
  • Catherine Zeta-Jones, Antonio Banderas deride Bush policies

    10/02/2005 4:36:29 PM PDT · by Colonial Warrior · 148 replies · 5,680+ views ^ | 2 October 2005 | Deutsche Presse-Agentur GmbH
    Berlin (dpa) - Actors Catherine Zeta-Jones and Antonio Banderas at the presentation of their latest film on Sunday in Berlin expressed their concerns about the government of U.S. President George W. Bush. Banderas openly criticized the U.S. government, saying it had done its job very poorly. The price for Bush's policies would be enormous not only for the U.S., he said, but for the rest of the world. Zeta-Jones also stated her dissatisfaction with the current U.S. administration.
  • Dems Agree to Recommend Early Primaries

    10/01/2005 5:01:17 PM PDT · by Colonial Warrior · 22 replies · 824+ views ^ | 1 October 2005 | WILL LESTER, AP Writer
    10-01) 14:29 PDT WASHINGTON (AP) -- Democrats trying to change their presidential primaries for 2008 agreed Saturday to recommend that at least two other states join Iowa and New Hampshire in voting during the opening days of the nominating campaign. That expansion, debated before a commission considering changes in the primary calendar, is intended to provide more racial and geographic diversity to an opening process now dominated by Iowa and New Hampshire. Those states, representing about 1.5 percent of the country's population, have residents who are mostly white. The additional states, expected to be named later, were likely to include...

    10/01/2005 9:38:09 AM PDT · by Colonial Warrior · 15 replies · 3,982+ views
    MitchNews.Com ^ | 1 October 2005 | J. Grant Swank, Jr
    As House Minority Leader Nancy Pelosi plowed into former House Majority Leader Tom Delay for being "indicted" by Ronnie "Earle of Injustice" by complaining that a moral cloud hung over Washington DC because of the Republican Party, she had to admit that she had been fined. According to AP, Pelosi was fined for having a "fund-raising committee. . .improperly accepting donations over federal limits." The fine was $21,000. Her polical action committee, Team Majority, "was one of two PAC's Pelosi used to fund candidates. . ."

    09/29/2005 2:33:19 PM PDT · by Colonial Warrior · 2 replies · 93+ views
    MitchNews.Com ^ | 27 September 2005 | Michael J. Gaynor
    It appears that Democrat dominance of Louisiana and perhaps even New Orleans will end shortly. The silver lining in the Hurricane Katrina disaster. David Vitter became the first Republican since Reconstruction to take a United States Senate in 2004. Mary Landrieu may be the last Democrat to represent Louisiana in the Senate for quite a while, when her term ends in 2006. And Louisiana Governor Kathleen Blanco, the latest in a long line of Democrat Louisiana Governors, would be well advised to follow Democrat President Lyndon Johnson's example and not seek reelection. The vast majority of Democrats fit nicely into...
  • Bush gives praise and advice to Texans

    09/24/2005 10:13:52 PM PDT · by Colonial Warrior · 19 replies · 349+ views ^ | 24 September 2005 | JULIE MASON
    AUSTIN - Visiting his home state for a firsthand look at the response to Hurricane Rita, President Bush praised emergency operations Saturday and urged Texans, particularly Houstonians, to heed the instructions of state authorities in the aftermath. "I know for a lot of folks in the state it's been a miserable time," Bush said at the Texas Emergency Operations Center here. Criticized during the Hurricane Katrina aftermath for being out of touch with the crisis, Bush showed a notable engagement with Rita details. He warned motorists who might want to instantly return to Houston after evacuating the area that nurses...
  • Few Seem to Mind Fleeing Hurricane Rita

    09/24/2005 3:51:08 PM PDT · by Colonial Warrior · 41 replies · 908+ views
    KSL.COM ^ | 24 September 2005 | ERIN McCLAM , AP National Writer
    CONROE, Texas (AP) - In far-flung Texas shelters, where evacuees huddled as Hurricane Rita spared many of their homes, scarcely a gripe was heard. Nobody accused anyone of crying wolf. Searing images of the helpless New Orleans poor trapped on rooftops, watching their own city die in the winds and waters of Katrina, had sent a clear message to people here as another hurricane roared toward land: Get out while you can. And so they did, by the millions, clogging the freeways of southeast Texas in what may have been a sign that city dwellers will never again assume their...
  • Governor Blanco's letter to President Bush requesting expedited major disaster declaration

    09/24/2005 12:24:44 PM PDT · by Colonial Warrior · 23 replies · 1,249+ views
    Governor Blanco Press Release ^ | 23 September 2005 | Governor Blanco
    Dear Mr President...I request that you declare an expedited major disaster for the state of Louisiana as Hurricane Rita, a Category V Hurricane, approaches our coast south of Lake Charles, beginning on September 22, 2005, and continuing.
  • Ray Nagin, the error-prone mayor

    09/24/2005 11:33:06 AM PDT · by Colonial Warrior · 42 replies · 1,996+ views
    US News.Com ^ | 21 September 2005 | John Leo
    Which politician emerged from the mess of Katrina as the biggest bonehead involved? No, it's not Michael Brown, George W. Bush, or even the bumbling Louisiana Gov. Kathleen Babineaux Blanco. The clear winner is New Orleans Mayor Ray Nagin, who made every conceivable mistake during the crisis. With plenty of warning, he delayed the evacuation order, had no drivers ready to operate the school buses that stood idle, failed to stock the Superdome with food and water, and let the looters rampage without any interference from police. The excuse given for the failure to get buses moving was that the...
  • New Orleans mayor suspends reopening of the city because of Rita

    09/19/2005 3:34:11 PM PDT · by Colonial Warrior · 43 replies · 1,108+ views
    The Times-Picayune ^ | 19 September 2005 | MICHAEL RUBINKAM , AP
    NEW ORLEANS (AP) — Under pressure from President Bush and other top federal officials, the mayor Monday suspended the reopening of large portions of the city over the next few days because of the risk of a new round of flooding from a tropical storm. "I am concerned about this hurricane getting in the gulf. ... If we are off, I'd rather err on the side of conservatism to make sure we have everyone out," Mayor Ray Nagin said. The announcement came after repeated warnings from top federal officials — and the president himself — that the city was unsafe....
  • Landrieu Statement on Resignation of Michael Brown

    09/12/2005 3:32:43 PM PDT · by Colonial Warrior · 187 replies · 3,852+ views ^ | 12 Sep 2005 | Senator Landrieu
    WASHINGTON -- Senator Mary Landrieu, D-La., issued the following statement today regarding the resignation of FEMA Director Michael Brown. Sen. Landrieu said: "Michael Brown's resignation is more than understandable following the events of the past two weeks. But his action today will not alone solve all the problems that plagued the federal government's response to Hurricane Katrina and the devastating floods that followed the levee breaches. The people of our nation, and in particular, the Gulf Coast, deserve and demand full accountability for this administration's missteps in protecting and helping Americans in need. Though the President has now addressed the...
  • Nagin: Mistakes were made at all levels

    09/11/2005 9:45:43 AM PDT · by Colonial Warrior · 128 replies · 3,666+ views
    The Times-Picayune ^ | 11 September 2005 | Gordon Russell, Staff Writer
    "Analyze my ass, analyze everyone's ass, man. Let's put the facts on the table and talk turkey. Why was there a breakdown at the federal and state level only in Louisiana? This didn't happen in Mississippi. That's the question. That's the question of the day."
  • Mayor Nagin speaks out (highlights)

    09/10/2005 9:00:31 PM PDT · by Colonial Warrior · 190 replies · 5,373+ views
    Times-Picayune ^ | 10 September 2005 | Gordon Russell, Staff Writer
    In a stark reminder of how drastically Hurricane Katrina has impacted the lives of New Orleanians, Mayor Ray Nagin has purchased a home for his family in Dallas and enrolled his young daughter in school there. Nagin, who spoke with The Times-Picayune by telephone from Dallas, where he has been since Wednesday, said he planned to return to New Orleans on Saturday. He said he will remain in the Crescent City while his family lives for the next six months in Dallas, making occasional visits to his family when possible. It’s not clear where Nagin will be living: His home...
  • Guard Pours Into Gulf Region, Engineers Focus on Draining New Orleans

    09/03/2005 7:13:46 PM PDT · by Colonial Warrior · 10 replies · 343+ views
    WASHINGTON, Sept. 2, 2005 – As National Guard vehicles forded floodwaters in downtown New Orleans today delivering critical relief supplies and helping law enforcement officials restore order, workers from the Army Corps of Engineers were focused on draining the city and repairing gaps in its levee system.