Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts

Monday, June 21, 2010

A MUST LISTEN: Bob Chapman : Every major Bank in The US and Europe is Broke

Bob Chapman on The Sovereign Economist 16 June 2010

From The International Forecaster of the 16th June 2010 : "US banks are fighting to preserve the use of securities that help them appear better capitalized, even as their investments in each others notes perpetuate what one regulator calls a downward spiral of losses. The cross-ownership, largely unnoticed by bank supervisors who generally discourage the practice, was made possible by a Wall Street innovation like the ones that allowed subprime mortgages to flourish. Small lenders were able to sell trust-preferred securities, known as TruPS, because investment bankers packaged them with those issued by dozens of other financial institutions."

Friday, February 26, 2010

Saturday, February 6, 2010

Central banks end US dollar emergency swap lines


Central banks end US dollar emergency swap lines

By JANE WARDELL
LONDON Jan 27, 2010
Business Week - Associated Press
http://www.businessweek.com/ap/financialnews/D9DGBJL00.htm

Benjamin Fulford posted this link above to his blog/website http://www.benjaminfulford.net and said the following- "There are many indications this is going to [be] the week the 100 year Federal Reserve Board reign of tyranny comes to an end. The following AP article serves to confirm what my own sources told me about January 30th being a deadline for the Federal Reserve Board:"