AIG has filed a $10 billion lawsuit against Bank of America over allegations of mortgage-backed securities (MBS) fraud. AIG claims that Bank of America and several of its acquisitions, including Merrill Lynch and Countrywide, of misrepresenting the quality of the mortgages that went into bundle... Read more...
JPMorgan Chase & Co is close to vaulting past Bank of America Corp to become the biggest bank in the United States, but it will likely get there in an odd way -- by shrinking less than its rival. Both JPMorgan Chase and Bank of America are getting smaller as they shake off the excesses of the... Read more...
Disclose.tv - 12Yr Old Girl Discovers All USA Presidents Related Video Says uploader: The reason this video is pertinent to this channel is because I have displayed earlier video's calling into question whether we won the Revolutionary war, the War of 1812, or did we lose control of our countr... Read more...
Secretary of State Hillary Clinton has been in discussions with the White House about leaving her job next year to become head of the World Bank, sources familiar with the discussions said on Thursday. The former first lady and onetime political rival to President Barack Obama quickly bec... Read more...
Alexander Miles was an African-American inventor who was best known for being awarded a patent for an automatically opening and closing elevator door design in 1887. In 1884, Miles built a three-story brownstone building at 19 West Superior Street in Duluth. This area became known as the Miles Blo... Read more...
1 comment,
11/01/2011,
by IAmNotARapperiSpit.com in Freeing Slaves,
Illuminati,
Jail,
mac,
News,
Stranger than fiction,
World News
The issues in this case are not merely problems with paperwork or a matter of dotting i’s and crossing t’s. Instead, they lie at the heart of the protections given to homeowners and borrowers… From the ruling The Too Big To Fail banks have been waiting with trepidation for a ruling from... Read more...
Astonishingly, as Wall Street reform enters its final hours a tired, generic corporate refrain against regulation is gaining traction. As bigwig bankers and their lobbyist brethren fight to defeat tough new rules on derivatives—the crazy casino that brought down AIG—all their sloganeers can co... Read more...
0 comments,
16/06/2010,
by IAmNotARapperiSpit.com in News,
Politics As Usual,
program,
Stranger than fiction,
World News
A good Washington DC contacts told me that a public relations/media push to demonize those who decide to walk away from mortgages they can still afford to pay (aka “strategic defaulters”) is underway. Expect to see a good bit of moral fervor as those who choose to cut their losses are attacked... Read more...
Canada launched a full-court press against the idea of a global bank tax Tuesday, as the prime minister and four senior cabinet members came out strongly against a proposal that's gathering global steam Prime Minister Stephen Harper said a proposed international bank tax would unfairly penalize w... Read more...