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With Two New Deals, This "Double-Your-Money Stock" Could Go Vertical

I was on the phone trading “war stories” with author and veteran journalist Alecia Swasy – a longtime friend – the other night. And we found ourselves talking about my days with Gannett Co. (NYSE: GCI) newspapers on the Eastman Kodak Co. (NYSE: KODK) beat – when I got to chronicle the early death throes of a once-iconic American company.

My time on the beat began in the summer of 1993, when the company fired CEO Kay R. Whitmore, a chemical engineer and career Kodaker who’d risen through the ranks to take the top spot at the film giant…

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    They're Planning the First Legal "Bank Robbery" in U.S. History

    So-called "bail-ins," which give banks the right to dip into your savings to pay for their lousy financial decisions, have been on the table for years, ever since Cyprus tested the idea.
    But they're moving beyond the "testing phase" now.
    The latest clue came from a seemingly benign banking conference on December 2, when one man revealed some frightening central government intentions.
    And anyone taking careful notes understands the consequences.
    They're huge.
    You see, the most direct impact will be felt by the biggest account holders. But the indirect impact will hit everyone.
    401(k)s... IRAs... Individual brokerage accounts...
    The market will not like the newfound acceptance for bail-ins. And it won't get any warning - neither will we. Not from the mainstream financial outlets, anyway.
    They're not even covering it.

    First, here’s the frightening – and all-too-real – scenario…
  • first legal bank robbery