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Keyword: bankingfraud

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  • Everything Is Rigged: The Biggest Price-Fixing Scandal Ever

    05/06/2013 5:55:11 AM PDT · by mgist · 16 replies
    Rolling Stone ^ | 4/25/13 | Matt Taibi
    Everything Is Rigged: The Biggest Price-Fixing Scandal Ever The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix. onspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector,...
  • Stress test shows bank credit losses could be $600 billion

    05/07/2009 11:24:35 PM PDT · by TigerLikesRooster · 12 replies · 970+ views
    Market Watch ^ | 05/07/09 | Ronald D. Orol
    Stress test shows bank credit losses could be $600 billion Ten of 19 institutions must raise $74.6 billion in private capital by November By Ronald D. Orol, MarketWatch Last update: 7:49 p.m. EDT May 7, 2009 Comments: 942 WASHINGTON (MarketWatch) -- Federal regulators released the long-anticipated, controversial stress tests on the health of the 19 largest financial institutions on Thursday, showing that the banking sector is secure, but under a pessimistic forecast, banks' credit losses over the next two years could be $600 billion.
  • Bank of America Aims New Credit Card at Illegal Immigrants

    02/13/2007 4:25:35 PM PST · by T.L.Sink · 64 replies · 1,111+ views
    Reuters ^ | Feb. 13, '07 | Stein Report
    No Social Security number? No credit history? Illegal? NO PROBLEM! COME ON IN! Last week Bank of America expanded its program to 51 Los Angeles branches in Los Angeles County, home to the largest concentration of illegal immigrants in the United States. The bank plans to roll out the program nationally later this year.
  • Group to encourage Hispanics to buy homes in Farmers Branch [TX]

    08/28/2006 5:44:35 PM PDT · by Dubya · 10 replies · 616+ views
    The Dallas Morning News ^ | August 28, 2006 | STEPHANIE SANDOVAL
    One City Council member’s idea to limit illegal immigrants in Farmers Branch has prompted a plan by opponents to promote and sell homes in the city to Hispanics - including illegal immigrants. A group of Hispanic and civil rights groups Monday announced Compre Farmers Branch, a consortium of real estate agents, lending institutions and others aimed at helping Hispanics buy homes in Farmers Branch. They’re hoping Hispanics will buy all 157 homes they say are on the market in that city - including the home of City Council member Tim O’Hare. Mr. O’Hare has come under fire by the groups...