Banks around the world are facing insolvency. Canada's banks however, are not. Why are things different for them? picked by 2manyusernames 1 year ago

Just in case you were not pissed off at them before. I KNEW this would happen when this stupid bill was passed in the first place.

Yes, as through this world I've wandered
I've seen lots of funny men;
Some will rob you with a six-gun,
And some with a fountain pen. picked by Moe 1 year ago

Banks love to offer "over draft protection" as a "service". In fact it is a disservice and a huge money maker. Instead of declining your credit/debit card for that cup of coffee, they pay it and charge you a fee. Basically a ultra-high interest loan. picked by 2manyusernames 12 months ago

Ok, Explain this to me. We let the Lehman Bros. fail. Then we bail out banks. We very well may let the automakers fail. And now we will bail out Citigroup.

Anyone else confused? picked by JoshSF49 1 year ago

Banks make billions of dollars every year on overdraft protection fees without having to disclose the fees or the service. With many like Bank of America being accused of monkeying with the procedures in order to collect more of the outlandish fees, this is a good thing. picked by bigirishdude 4 months ago

Benedict says that "now with the collapse of big banks we see that money disappears, is nothing and all these things that appear real are in fact of secondary importance." He urges those who build their lives "only on things that are visible, such as success, career, money" to keep that in mind. picked by 2manyusernames 1 year ago

“Find someone who wants something for nothing then give them nothing for something.” - Anonymous con artist

Human nature is the real cause of the worlds current financial mess. picked by 2longdogs 1 year ago

Now That Money's Being Distributed, Bailout Meant To Be Transparent Cloaked Under Veil Of Secrecy picked by chappy 1 year ago

Chinese banks have stopped financial transfers to North Korea under government orders as part of sanctions imposed for Pyongyang's nuclear test, bank employees said Friday, in a possibly serious blow to the country's frail economy. picked by robfouryqr 3 years ago

Though bad history shows every sign of repeating itself on Wall Street, it will take a near-miracle for Angelides to repeat Pecora’s triumph. Our zoo of financial skullduggery is far more complex, with many more moving pieces, than that of the 1920s. The new inquiry does have subpoena power, but its entire budget, a mere $8 million, doesn’t even match the lobbying expenditures for just... read full post picked by dollyllama 2 months ago

Members of Congress are slated to receive a $4,700 pay raise beginning in January, increasing their annual salaries to $174,000. The increase for 535 House and Senate members would cost taxpayers more than $2.5 million.
*politics as usual* picked by Bornbad 1 year ago

In the latest run-up in prices, Wall Street speculators - some of them recipients of billions of dollars in taxpayers' bailout money - may be to blame.Big Wall Street banks such as Goldman Sachs Group Inc., Morgan Stanley, and others are able to sidestep the regulations that limit investments in commodities such as oil, and they are investing on behalf of pension funds, endowments, hedge funds, a... read full post picked by TraumaMamma 10 months ago

A bank cashier has been caught stealing from children aged between one and nine. They handed her their piggy banks full of pocket money and she credited their savings accounts with less than was in them. The case has shattered the children's faith in banking. picked by 2manyusernames 2 years ago

On Election day twelve Obama voters were interviewed extensively right after they voted to learn how the news media impacted their knowledge of what occurred during the campaign. These voters were chosen for their apparent intelligence/verbal abilities and willingness to express their opinions to a large audience. The rather shocking video below seeks to provide some insight into which informatio... read full post picked by shuallyo 1 year ago

Everything you need to know about the global money "crisis" picked by bernardblack 1 year ago

The last official act of any government is to loot the nation.

Is this how you succeed in Wall Street? By being rewarded for epic failure? picked by fugazi 1 year ago

Come on guys. Think of all the Father Day cards. picked by Alton 3 years ago

Alan Greenspan says he is in a "state of shocked disbelief" that the concept of self-interest did not protect the banks from taking excessive risks and destroying themselves. But he, along with Tim Geithner and Larry Summers and many others, are missing the fundamental flaw in the system. The bankers don't care about the banks; they care about the bankers. picked by theclansman 1 year ago

Also advocates shifting to a beaver pelt-based economy.

The Obama campaign refused to comment on the plan citing their inability to stop laughing. picked by gratheo 1 year ago

The 28 branches of 1st National Bank of Nevada and First Heritage Bank, operating in Nevada, Arizona and California, were closed Friday by federal regulators. picked by deEPCHIll 2 years ago