Rapacious Greed Reveals Banking’s Global Confidence Scheme
Rapacious Greed Reveals Banking’s Global Confidence Scheme
By Guest Author Nicholas WindrumYou might have noticed how, when the ludicrously described ‘Credit Crunch’ began a little while ago it was all blamed by the banks on those feckless individuals who took out laughingly called ’sub-prime’ mortgages to buy houses. But now the entire World financial system is in collapse with the global economy grinding to a halt, companies going bust and millions of people losing their jobs and houses with cataclysmic poverty stalking the Globe. It is no longer just
Have your say: Farmers accuse banks of profiteering
Federated Farmers has attacked the main trading banks, saying it was “extremely disappointing” the banks were building profit margins at the expense of New Zealand’s productive sector.Federated Farmers made the comments as it released results of a survey of farmers showing overdraft rates have fallen just 78 basis points to 10.4% since the Reserve Bank cut the official cash rate by 150 basis points to 5%.“Federated Farmers is extremely disappointed in the trading banks that the average overdraft
Posts about Mortgage Market Report as of January 22, 2009
Lord Roberts asks what the Government will do to reduce unemployment - conservativehome.blogs.com 01/22/2009 [ Lord_roberts]Shadow Welsh Minister Lord Roberts of Conwy asked the Government about unemployment yesterday … support for small firms, the Pre-Budget Report and the fiscal stimulus, the homeowner mortgage … ; to do nothing, sit back, wring our hands and wait for the market to address it, or to be active Mortgage Extortion and Extreme Chutzpah - capitalgainsandgames.com 01/22/2009 See