Archive for the 'News' Category



Citibank Will Eventually Declare Bankruptcy.

drosamahusein asked:

The US Government can’t help bailout Citibank without risking its AAA debt rating. If Congress approves a Citi bailout, it will be worse than the $700 billion given to Treasury/Paulson. Don’t get me wrong, bankruptcy is very bad for the financial system. But bailout then bankruptcy is even worse.Create a video blog…instantly.

Re: (Mike Gravel) bankruptcy

gravel2008 asked:

Sen. Mike Gravel clarifies the confusion surrounding his bankruptcy.
http://www.gravel2008.usWebsite content

Breaking: Major Banks File Bankruptcy – Lehman Brothers

equalizershirts asked:

158-Year-Old Investment Bank Goes Belly-Up After Failed Rescue Bid; Bank Of America Takes Over Merrill Lynch
Say hello to a recession very soon!Content for WordPress

America’s Financial Future (Part 1)

professorpolitics asked:

This video was created by the U.S. Government Accountability Office (GA0) and can be accessed at: http://www.gao.gov/newcomers.vid.html
It is my understanding that works done by employees of the US Government, working in their official capacity, cannot be copyrighted. I have uploaded this video because I think it is an important message that more people [...]