Articles from August 2009



Washington’s Not Listening to Weiss Research … But YOU Are!

On March 19, 2009, a team of Weiss Research analysts published an urgent report: Dangerous Unintended Consequences . In it, we warned how the unprecedented attempts by the Fed, the Treasury and Congress to bail out financial institutions and pump up financial markets would fall flat on its face. We said: “It’s not nearly enough; and, at the same time, it’s already far too much.” We listed specific reasons for this bold statement. And we included the steps that will ultimately guide

As I predicted, Alt A and Prime loans swallowing Orange County homeowners

by Moe Bedard on August 31, 2009 · 0 commentsin American Nightmare Orange County, California was the capital of mortgage broker lending back in the home loan gold rush days. Some of the nation’s largest brokers set up telemarketing chop shops in the county where there are more BMW’s and fake boobs per capita than anywhere in the world. It was easy pickings for loan officers that used “greed” and “envy” to sell loans to consumers who were more interested in keeping up with the Joneses, than in ke

MICROCAPITAL.ORG STORY: Article in US Banker Magazine Refers To Microfinance Banana Skins Report 2009 And Analyses The Impact Of Global Financial Crisis On Microfinance Sector Based On Observations By Citi Microfinance, CGAP And ShoreBank International Ltd.

A recent article in the US Banker journal [1] sets out some observations about the much discussed topic of the impact of the global financial crisis on the microfinance sector. Reporter Mr Joseph Rosta makes references to the ‘Microfinance Banana Skins 2009? [2], a publication by British-based think tank CFSI [3] that measures the risks facing the microfinance sector, and reiterates the view held by some market participants that the sector ‘could face a fall in growth and funding because of the

Issues With Credit Card Defaulters

You should know your responsibility as a credit card customer. If you do not pay your credit card dues you may be black listed by a bank. You should know the consequences of being a defaulter. One should take it extremely seriously. Other banks may decline to issue credit cards to you. It may affect your chances of getting loan in the future. Every bank works according to the set norms. If the bank requests not to put post dated cheques in the collection box dont do it. It becomes difficult fo

Loans for Bad Credit – Unemployed and Need a Loan?

Loans for bad credit have been a way to make ends meet for many of the unemployed . If unemployment is something you are going through it is very hard to pay bills and stay ahead on your finances. With no income coming in, there has to be a way for you to get money to pay off some of your obligations. One way you can do this is through loans for bad credit. If you are unemployed and the bills are piling up, it is likely that your credit score is suffering as well and you might be considered

Fed makes $14 billion on risky loans

Filed under: Investing Taxpayers and Congress worried that the Federal Reserve was making dangerous bets by lending money to troubled banks during the credit crisis. Big banks could default on the loans and cost the government tens of billions of dollars. At it turns out, putting money into America's large financial firms has been a profitable enterprise, very profitable. Continue reading Fed makes $14 billion on risky loans Fed makes $14 billion on risky loans originally appeared

Manage Your Debts With Care To Avoid Bankruptcy

Manage Your Debts With Care To Avoid Bankruptcy by Russell TeranasSo what are debt collections really all about? The following report includes some fascinating information about debt solutions–info you can use, not just the old stuff they used to tell you.Put simply, debt consolidation involves replacing a number of smaller debts at varying rates and conditions with one single ’super’ debt at a single (often lower) interest rate and set of conditions. For some people, consolidating debt

BlockDefense

BlockDefense — or Block Defense — is scareware dolled up to look like legit security software. BlockDefense is a clone of rogue antispyware software SaveDefense , SaveKeep , SaveSoldier , and Trust Ninja . Just like its badware buddies, BlockDefense sneaks onto your machine through Trojans, scam websites that mimic scanning your system, and bundles of badware. Once BlockDefense is on your PC, it’ll automatically boot with your system, and launch its fake scanner. BlockDefense will swea

ONE TRILLION IN LOSSES COMING — WELL HIDDEN?

JAUNIE asked:


Is this true? Here's where their are many hedge funds in trouble enormous, urgent and waiting for the eviction of governments, it also includes thousands of the defect in trade credit, hoping to appear in this trillion dollars in the collapse of Wall Street. Beware – The insurance industry is the major defect, AIG is only the first part, YOU CAN ADD TO THIS?

Share/Save/Bookmark

Who Can Give Me Step By Step Instructions that I Can Read Or Print to to Fix Windows 98?

this was the operating system before this unresolved problem with bios and pmi and slave and boot errors and etc etc etc or you can tect me at 469 658 2472 not sure what to do ……it says that bios were corrupted on my cpu Related Posts How can I repair WINDOWS Xp without reinstalling the entire operating system?????!!!! Okay, i was doing some computer cleaning, deleting junk files, uninstalling, etc... then when i... Repair required VMM32.VXD? I am running WindowsXP. Upon

Systemic Risk Insurance? How about don’t let banks drive drunk!

In a paper The "Surprising" Origin and Nature of Financial Crisis: A Macro Economic Policy Proposal (obnoxious PDF big brother - be wary of this link, these bastards have this paper loaded with copy protections as well as image beacons, pretty stupid if it's supposedly a public document!) The paper first identifies one of the main causes of the financial crisis as aggregate risk in systemically important financial institutions. Bloggerspeak translation: Derivatives, all of those asset bac

Was Patrick Dempsey One Of The Cops In “bachelor Party” Starring Tom Hanks? Not Mentioned In The Credits.?

I think he appears towards the very end of the movie; the hotel manager and cops walk down the hall and it looks like the cop next to the manager is Patrick Dempsey. None of the cops are in the credits. Related Posts What Is The Name Of The Song That Comes Out In That One Tom Hanks Movie? The 1 where he wakes up one morning only to find out he has grown up a man all in one night. The day before he went to a fair I believe and made a wish at some gypsy game. The song I am