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  • Third California city filing for bankruptcy

    http://www.huffingtonpost.com/2012/07/10/san-bernardino-california-bankruptcy_n_1663857.html SAN FRANCISCO, July 10 (Reuters) - The city council of San Bernardino, California, voted on Tuesday night to seek Chapter 9 bankruptcy protection from creditors... Read More

    News
    < 1 min read
  • British investigation of Barclays should be an example in America

    The British are far more upset with the LIBOR scandal than their American counterparts. Perhaps it is because Barclays is located in "The City," rather than in New York. It is not likely that any action will be taken by Mr. Bernanke and his emplo... Read More

    News
    2 min read
  • Growing Vatican bank scandal threatens church image

    This article gives an overall report on the growing scandal of mafia money-laundering and bribes paid to Italian politicians through the Vatican Bank. It shows also the role that JPMorgan played in assisting the Vatican Bank via accounts in Milan and Frank... Read More

    News
    1 - 2 min read
  • Europe's financial crisis now worse than 2008 Lehman Brothers scenario

    Spain's borrowing costs continued to rise, now hitting 7%, a level considered to be unpayable in the long run without bailouts. http://www.huffingtonpost.com/2012/07/09/wrapup-1-eu-gives-spain-m_n_1660714.html BRUSSELS, July 10 (Reuters) - Euro zone... Read More

    News
    2 min read
  • Is the Chinese hover car for real?

    Here is an article that says it is a cool idea, but fake. http://mashable.com/2012/05/11/vws-hover-car-concept/ CBS did a report on it also, saying that the idea is not so far fetched as it might seem. http://www.cbsnews.com/8301-505164_162-57431773-103... Read More

    General
    < 1 min read

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