U.S. Banks Refuse to Detail How They’re Spending Federal Bailout Money

Jan 06, 2009 - 11:19 AM William Patalon III writes: After receiving hundreds of billions of dollars in taxpayer-funded federal bailout money, the biggest U.S. banks say they can't track how that money is being spent. Some of the banks are outright refusing to discuss the matter, a new study has found. "We have not disclosed that to the public.. » read more

URGENT: J.P. Morgan Said Bankrupt Within 48 Hours

Jan. 5, 2009 New York, NY -- At about 10:30 EDT last night, I got a call from a friend in Los Angeles whom I've known for a couple years. After exchanging the Christmas and New Year pleasantries, he delivered the bad news, saying: "JP Morgan is broke; they're gone in 48 hours." I was shell shocked. J.. » read more

CHRISTOPHER STORY: SETTLEMENTS AND REFUNDING: OR DOLLAR COLLAPSES

Jan. 5, 2008 TO READ THIS ARTICLE CLICK ON: http://www.worldreports.org/news/186_ settlements_and_refunding_or_dollar_collapses. » read more

The 'Toying' with the Rich Hot Shots has Begun....Revenge is a Dish Best Served Cold

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J.P. Morgan Chase Buyout of Bear Stearns – a Trillionaires Delight

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JP Morgan About To Blow Up

Dec. 31, 2008 ----- Original Message ----- From: Robert Busser To: Sent: Wednesday, December 31, 2008 5:19 PM Subject: [frameup] JP morgan about to blow up (wow) JUST IN … OK, here’s the latest on the coming JP Morgan blow up. The information I sent your way yesterday was re-confirmed today. The lack of trust in the financial world over counterparty risk is "accelerating." This is forcing "remaining contracts" of all kinds, especially in the Over The Counter markets, to be "settled.. » read more

GCC leaders approve Monetary Union as members seek to host Central Bank

Dec. 30, 2008 Muscat The GCC leaders put their final seal on the Gulf Monetary Union on the concluding day of the two-day 29th summit yesterday but the question of the location of the Central Bank remained unresolved. "There are four countries staking a claim to host the GCC Central Bank," Mohammad Al Mazroui, assistant secretary-general for economic affairs, told Gulf News at the end of the summit on Tuesday. He said the UAE, Bahrain, Qatar and Saudi Arabia were keen to host the GCC Central Bank. He said he hoped a decision would be taken by year end.. » read more

KKR Arm Breaches $1 NYSE Stock Rule

KKR Financial, the New York Stock Exchange-listed debt arm of legendary private equity firm KKR, was told Tuesday that it had fallen below the required standard that shares in a listed company have a minimum average closing price of $1 over 30 consecutive trading days. The firm now has six months to bring its average share price back above $1. KKR Financial “plans to notify the NYSE that it will seek to cure the listing requirement deficiency”, the company said. KKR has already announced bold plans to try to revive KKR Financial, which will be placed under a new asset management division with fresh leadership. It also plans to increase the assets under management at the unit to more than $100bn from under $15bn today.. » read more

Madoff probe focuses on tax havens

The Observer, Sunday 28 December 2008 The hunt for funds allegedly cheated out of investors by Bernard Madoff, who faces fraud charges in New York, has turned to offshore tax havens where investigators believe he may have salted away hundreds of millions of dollars. Stephen Harbeck, chief executive of America's Securities Investor Protection Corporation (Sipc) and official receiver of Madoff's now defunct brokerage business, said the hunt for funds was likely to spread all over the world. "We will trace funds wherever the trail goes," he said on the steps of the US Bankruptcy Court for the Southern District of New York. Sources close to the investigation said forensic accountants examining Madoff's books believed he had regularly sent large sums of money to offshore accounts in the Caribbean and Europe. "There are accounts at New York Mellon Bank that we have been looking at that appear to have sent and received money from offshore locations," a senior source said.. » read more

THE IRS HAS NO AUTHORITY TO LEVY AMERICANS

Posted Dec. 31, 2008 TO READ THIS PDF FILE CLICK ON: www.fourwinds10.com/resources/ uploads/pdf/Congress_Hertel- IRS No Authority To Levy Americans.pdf. » read more

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