When financial markets in the United States crash, so does the U.S. economy. Just remember what happened back in 2008. The financial markets crashed, the credit markets froze up, [...]
09 Dec 2012
In 2007, the Sentinel Management Group (SMG) collapsed, leaving many customer segregated funds lost after they had been used as collateral. After a plethora of lawsuits and credito[...]
21 Aug 2012
Tag america, bank, banking holiday, blackwater, citibank, crime, dyncorp, economy, fbi, federal reserve bank, finance, gauss, government, law, mf global, money, patriot act, robbery, wealth
It’s not a comfortable weekend for the men heading some of the world’s biggest banks. Barclays has already been hit by a £290m fine for rigging interest rates but that [...]