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What about their $694 million CAFR fund? Recently, Stockton, California filed for bankruptcy. This means that many companies who have provided services for the city will not get paid. If anyone has bought municipal bonds from Stockton, they may lose their... Read More
Series: Moses' First Speech - Moses prophesied that Israel would violate their Covenant with God by refusing to obey His law. He knew their hearts quite well, because they had nearly stoned him a few times out of the hardness of their hearts. Moses then related to them part of the judg... Read More
http://www.huffingtonpost.com/2012/07/10/san-bernardino-california-bankruptcy_n_1663857.html SAN FRANCISCO, July 10 (Reuters) - The city council of San Bernardino, California, voted on Tuesday night to seek Chapter 9 bankruptcy protection from creditors... Read More
The British are far more upset with the LIBOR scandal than their American counterparts. Perhaps it is because Barclays is located in "The City," rather than in New York. It is not likely that any action will be taken by Mr. Bernanke and his emplo... Read More
This article gives an overall report on the growing scandal of mafia money-laundering and bribes paid to Italian politicians through the Vatican Bank. It shows also the role that JPMorgan played in assisting the Vatican Bank via accounts in Milan and Frank... Read More
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