Comments on: Are Europe's Banks Next to be Stressed?

By: Ed

Ed — Wed, 20 May 2009 16:51:09 +0000

How come these senior banking mamagers and stock market investers have not gone to jail…?

This is white collar crime, at the worst, don't you think?

People from around the globe need to united, against these criminals. The thuds on the street get jail, why these bankers are even worst than street gansters. The put familys lives at risk, even a collaspe in the family life, not to include suiside?

The Bankers must pay the piper, for the bad deeds.

By: Rick

Rick — Tue, 12 May 2009 13:19:00 +0000

Gold itself, of course, cannot nourish the human body, but there was a time when it was used to deter run-away money numbers by the blind and the greedy.

But nowadays, the ranks of the blind and the greedy have swelled to include the stupid, the dumb, the twisted and the sick, all of whom have mutated into raging "investment" savages who invent devices to make still more run-away money off run-away money.

Such animals smell and taste money itself, instinctively. But they sense it not to be edible.

When hungry or even starving, however, will money animals possess any capacity to create something that is edible and otherwise worthwhile within a practical community, of people?

By: Bill

Bill — Tue, 12 May 2009 10:48:39 +0000

In late December, the Institute of International Finance released its global economic outlook for 2009, and estimated that banks around the world had collectively lost nearly $1 trillion – $678 billion from U.S. banks and $300 billion from their European counterparts.

I believe that ever since countries stopped using gold as a standard that what resulted was pseudo money based on nothing except some ink saying what the paper was "worth". How could the banks loose something that did not exist in the first place. 1$ used to vouch for 1$ worth of gold somewhere in custody. Now what does 1$ actually represent??

I have had no faith in the banking systems for many years and am not suprised that all of a sudden "nothing" has actually become nothing. One would indeed need some large place to store $1 trillion's worth of gold! Would be tough to make that just disappear.

Any comment? I am not a money man and as an engineer speak from my ignorance. At least when I have designed and built something you can see it.

By: Banking Bellwether HSBC Forecasts a “Tough” Year

Banking Bellwether HSBC Forecasts a “Tough” Year — Mon, 11 May 2009 22:15:00 +0000

[...] Royal Bank of Scotland PLC (NYSE ADR: RBS) joined Germany's Commerzbank AG (OTC ADR: CRZBY) last week in reporting charges on bad loans in Europe as consumers and companies continued to run into trouble. [...]

By: jimmy morr

jimmy morr — Mon, 11 May 2009 22:05:15 +0000

this is all deliberate if you want to know the trooth obama deception zeitgeist and addendum .com

By: moneydragon

moneydragon — Mon, 11 May 2009 13:44:51 +0000

I was struck by the fact that the vast majority of troubled banks (if that's what we should call them) are banks following the anglo way of thinking: speculation and regulations wihout enforcement.

By: Rick

Rick — Mon, 11 May 2009 13:25:07 +0000

THE US WILL NOT SKIN OUT of blame amid this financial hoodwinking as though the stress test somehow reinstates sainthood to the selfish and the greedy, and thereby illuminates clarification for the whole world. Is it not true, as someone once said that although the US constitutes only about five percent (5%) of the world's population, it consumes about ninety percent (90%) of the world's goods?

If these numbers hold anywhere near true, and we momentarily put the born-at-home stress test fiasco decoy aside, then the US is not about to get off the hook, as far as the rest of the world is concerned.

To merely say that the world is "concerned" is the understatement of all time!

The Grim Reaper is on the march, and he is demanding payment!

Whitewashing will not do!