Why the Fed Is Bankrupt and Why That Means More Inflation By: Ryan McMaken In 2011, the Federal Reserve invented new accounting methods for itself so that it could never legally go bankrupt. As explained […]
FTX had ‘absolutely no internal controls,’ lack of record keeping, new CEO tells Congress Bankruptcy team has been able to “secure over $1 billion in assets” so far. By Nicholas Ballasy John J. Ray III, the […]
Musk Says Twitter Bankruptcy Possible — “Difficult Times Ahead” FTC Expresses “Deep Concern” Twitter boss Elon Musk told employees at a recent all-hands meeting that the company is losing so much money that “bankruptcy is not […]
Biden declares ‘more Americans feel financially comfortable’ since he took office By: Monica Showalter Despite our “anxiety” about high gas and food prices, Joe Biden says we need to cheer up: Americans are “more financially […]
Lockdown Victim: 24 Hour Fitness Files for Bankruptcy, Closes 130 Branches Across US How many fitness clubs can afford to stay open if forced to comply with the new raft of authoritarian social distancing regulations? […]
Over 1.5 million people are now without power in California Update below: Evacuations ordered as wildfire spreads in Bay Area town, and the latest from So. Calif. Via Market Watch By Associated Press Pacific Gas […]
OxyContin maker files for bankruptcy faced with over 2,000 lawsuits over opioid epidemic RT-USA News Bottles of prescription painkiller OxyContin, 40mg pills, made by Purdue Pharma L.D. sit on a shelf at a local pharmacy, […]
Backlash: Hedge Fund Kicks Out Family That Makes OxyContin (ZeroHedge) As backlash against America’s painkiller addiction grows, hedge fund Hildene Capital Management has cut ties with the billionaire family that controls the OxyContin maker Purdue Pharma. […]
Getting a Car Loan After Bankruptcy By TLB Contributing Writer: Alden So, you’ve just filed for bankruptcy protection and as if things weren’t already bad enough, the car you were counting on to get you […]
When YOUR Bank Fails, Don’t Walk … Run! By: Brett Redmayne-Titley So. The US economy is just fine. The post-recession 2010 Dodd-Frank legislation has cured all. Banks have lots of cash. Congress is your friend […]
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