Bankruptcy Credit Cards » recession

Obama Presiding Over The Bankruptcy Of The United States

admin — Sat, 09 Jul 2011 03:22:28 +0000

? Parked cars and garbage cans were set on fire, cars were tipped over, and people threw beer bottles at giant television screens following the Canucks’ 4-0 loss to the Bruins in Game 7 of the Stanley Cup finals.
? Yields on 10-year Greek bonds neared 18 percent, the highest in the 17-nation euro area’s history, while the yield on the two-year note above 30 percent for the first time.
? The cost to insure Greek debt climbed to a record, indicating an about 75 percent chance of default within five years.

Duration : 0:35:0

Technorati Tags: Alt-A, Bank Failure, bankruptcy, CDO, CRE, credit cards, credit crunch, Employment, Fannie Mae, FDIC, federal reserve, foreclosure, GDP, Home Sales, House Prices, mortgage, Mortgage Fraud, Negative Equity, Option ARM, recession, Retail, subprime, Trade Deficit

America Has To Come To Grips With The Fact It Is Bankrupt

admin — Thu, 16 Jun 2011 11:54:02 +0000

? expansion in monetary and fiscal policy will produce excessive inflation,
? oil threatened by war and conflict,
? municipalities in US in deep trouble.

Duration : 0:35:1

Europe and America Morally and Financially Bankrupt

admin — Sun, 05 Jun 2011 09:24:03 +0000

? currency war,
? trade war,
? virtual fence broken.

Duration : 0:15:0

Breaking: Major Banks File Bankruptcy – Lehman Brothers

admin — Fri, 04 Jun 2010 17:57:08 +0000

158-Year-Old Investment Bank Goes Belly-Up After Failed Rescue Bid; Bank Of America Takes Over Merrill Lynch

Say hello to a recession very soon!

Duration : 0:2:45

Technorati Tags: 11, america, American, bank, bankruptcy, bros, brothers, chapter, collapse, Crisis, economy, file, international, Investment, lehman, lynch, Market, merrill, recession, stock, street, wall

Citigroup Bankruptcy: Federal Reserve & SEC Response

admin — Sat, 24 Apr 2010 21:53:06 +0000

The purpose of this video is to discuss the real inside story regarding Citigroup’s potential bankruptcy and why the mortgage crisis, although real, is a ruse distracting the public from the real source of the problem. This is an unregulated shadow banking system dominated by hedge and private equity funds. Step one to turn the economy around should be that President Bush, Federal Reserve Chair Bernakke and SEC Chair Christopher Cox require these funds to register with the SEC and disclose their holdings and related accounting practices. Only then can confidence be restored.

Duration : 0:8:54

Technorati Tags: 2008, Bail, bill, Citigroup, Crisis, federal, financial, Funds, Hedge, Investment, management, mortgage, out, Parish, Portland, recession, reserve, SEC, subprime

Dykstra Bankruptcy Nails Hammered

admin — Sat, 06 Mar 2010 03:03:09 +0000

Lenny Dykstra is suffering from a financial fallout, with CNBC’s Jane Wells.

Duration : 0:3:7

Technorati Tags: bailout, bank, bankruptcy, commodiyies, consumer, dollar, downturn, earnings, economy, firm, gold, housing, interest, jobs, oil, rates, recession, recovery, shares, spendings, stimulus, Stocks, tax, unemployment, yen

Global Economic Trends: The Credit Crunch

admin — Fri, 15 Jan 2010 15:06:04 +0000

George Soros, Chairman, Soros Fund Management LLC; Author, The New Paradigm for Financial Markets: The Credit Crash of 2008 and What It Means Presider: Sebastian Mallaby, Deputy Director of Studies, Director of the Maurice R. Greenberg Center for Geoeconomic Studies, and Paul A. Volcker Senior Fellow for International Economics, Council on Foreign Relations (May 7, 2008 at the Council on Foreign Relations)

Duration : 1:2:51

Technorati Tags: academic, cfr, credit, economy, finance, lectures, markets, recession, uchannel

Obama Signs Credit Card Reform

admin — Mon, 30 Nov 2009 02:57:07 +0000

REMARKS BY THE PRESIDENT
AT SIGNING OF
THE CREDIT CARD ACCOUNTABILITY, RESPONSIBILITY AND
DISCLOSURE ACT

Rose Garden

3:08 P.M. EDT

THE PRESIDENT: Hello, everybody. Please, have a seat — I’m sorry. It is a great pleasure to have all of you here at the White House on this gorgeous, sunny day. The sun is shining. The birds are singing. Change is in the air. (Laughter.)

This has been a historic week; a week in which we’ve cast aside some old divisions and put in place new reforms that will reduce our dependence on foreign oil, prevent fraud against homeowners, and save taxpayers money by preventing wasteful government contracts; a week that marks significant progress in the difficult work of changing our policies and transforming our politics.

But the real test of change ultimately is whether it makes a difference in the lives of the American people. That’s what matters to me. That’s what matters to my administration. That’s what matters to the extraordinary collection of members of Congress that are standing with me here, but also who are in the audience. And we’re here today because of a bill that will make a big difference: the Credit Card Accountability, Responsibility, and Disclosure Act.

Duration : 0:11:17

Technorati Tags: banks, card, consumer, credit, creditcard, economy, jobs, obama, profit, recession, spending, unemployment

Monopoly Man Goes Bankrupt

admin — Fri, 27 Nov 2009 16:58:12 +0000

Recessions affect everybody, from Baltic to Broadway. See more at collegehumor.com

Duration : 0:2:3

Technorati Tags: bankrupt, cartoon, collegehumor, comedy, funny, hilarious, man, monopoly, recession