Finance
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New Ways Bankers Are Spying on You (Karen Blumenthal)
Nov. 6, 2010 (Wall Street Journal) -- Big Banker is watching you -- more closely than ever. With lenders still skittish about making new loans, credit bureaus and others are hawking services that ...
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Finance Has Become a New Form of Warfare: An interview with professor Michael Hudson (Democracy Now!)
Nov. 5, 2010 -- (Democracy Now!) -- The Federal Reserve will pump $600 billion more into the U.S. economy and keep interest rates at historical low levels. The short-term impact of the Fed’s move, ...
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It Was the Banks (James K. Galbraith)
Nov. 5, 2010 (CommonDreams.org) -- Bruce Bartlett says it was a failure to focus. Paul Krugman says it was a failure of nerve. Nancy Pelosi says it was the economy's failure. Barack Obama says it ...
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The Obama Postmortem: A Political Suicide (Ted Rall)
Nov. 4, 2010 (Information Clearing House) -- It’s the day after the Republican sweep we all knew was coming. If Obama had any dignity, if he was honest with himself and with us, he would resign. ...
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Stocks, Commodities Rally on Fed Stimulus Plan (Stephen Kirkland and Rita Nazareth)
Nov. 4, 2010 (Bloomberg) -- Stocks surged, sending the MSCI World Index to a two-year high, and commodities rallied after the Federal Reserve announced plans for more bond purchases and earnings ...
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Fed to Buy Extra $600 Billion of Treasuries to Boost Growth (Scott Lanman)
Federal Reserve Chairman Ben S. Bernanke. Photographer: Andrew Harrer/Bloomberg Nov. 3, 2010 (Bloomberg) -- The Federal Reserve will buy an additional $600 billion of Treasuries through June, ...
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U.S. 'Quantitative Easing' is Fracturing the Global Economy (Prof Michael Hudson)
Moreover, it may well be asked whether we can take it for granted that a return to freedom of exchanges is really a question of time. Even if the reply were in the affirmative, it is safe to assume ...
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Too Pig to Jail? Ban Foreclosures Now (Ted Rall)
Oct. 21, 2010 -- SAN FRANCISCO (Information Clearing House) -- What would happen to you if you got caught forging a mortgage application? You'd go to jail. And rightly so. In one case in Florida, an ...
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Fraud Task Force Pursues Criminal Investigation of Mortgage Servicers (Carrie Bay)
Oct. 19, 2010 (DSNews) -- Allegations that some of the nation’s largest mortgage servicers cut corners in processing foreclosures and filed unsubstantiated paperwork could turn criminal. ...
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Jim Rogers Says Bank Balance Sheets Full of Rotten Stuff (CNBC)
Oct. 20, 2010 (CNBC) -- The problems banks have with mortgages will take a long time to be solved and bank stocks are not attractive despite the recent drop in price following fears over problems ...
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Why The Paperwork Appears 'Sloppy' (Neil Garfield)
Oct. 20, 1010 (Livinglies) -- After centuries of lending money and preparing loan documents it seems that the least likely suspect for screwing up the paperwork on tens of millions of “loans” would ...
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