Archive for December, 2008

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Bank of Spain Chief: World Faces “Total” Financial Meltdown

December 22nd, 2008

Via: AFP: The governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a “total” financial meltdown unseen since the Great Depression. “The lack of confidence is total,” Miguel Angel Fernandez Ordonez said in an interview with Spain’s El Pais daily. “The inter-bank (lending) […]

Toyota Forecasts Its First Operating Loss in 71 Years: “We’re facing an unprecedented emergency situation. Unfortunately, we can’t see the bottom.”

December 22nd, 2008

Via: Bloomberg: Toyota Motor Corp., the world’s second-largest automaker, forecast its first operating loss in 71 years on plummeting demand, prompting Moody’s Investors Service to consider downgrading the company’s top-rated credit. The carmaker will post a 150 billion yen ($1.7 billion) loss in the year through March, it said in a statement today, scrapping a […]

Change: Up to 30,000 New U.S. Troops in Afghanistan by Mid-2009

December 22nd, 2008

Via: AFP: The United States plans to send between 20,000 and 30,000 additional troops to Afghanistan by next summer, the chairman of the US Joint Chiefs of Staff, Admiral Mike Mullen, said here Saturday. General David McKiernan, the US commander in Afghanistan, has asked for more than 20,000 extra US soldiers to counter a rise […]

‘The Hit Charade: Lou Pearlman, Boy Bands, and the Biggest Ponzi Scheme in U.S. History’

December 22nd, 2008

The Hit Charade: Lou Pearlman, Boy Bands, and the Biggest Ponzi Scheme in U.S. History by Tyler Gray Ponzi schemes? Check. Aircraft leasing? Check. Questionable activities with young boys? Check. Florida? Check. It’s an unfortunate choice for a title, with the Madoff situation just coming into view… Via: Orlando Sentinel: Credit for the biggest American […]

Banker Suicide: HSBC Head of Insurance, Who Also Happened to be a Danish Army Reserve Lieutenant Colonel, Hangs Himself in London Five Star Hotel Room

December 22nd, 2008

Via: Times Online: Knightsbridge An HSBC banker has been found hanged at a five-star hotel, after apparently committing suicide. Christen Schnor, 49, was found by a hotel worker hanging by a belt in the closet of his £500-a-night suite at the Jumeirah Carlton Tower hotel in Knightsbridge, West London. A note was found by his […]

Banker Suicide: Manager of Secondary Marketing Stabs Herself to Death

December 22nd, 2008

Keep in mind that secondary marketing refers to the securitization and selling of mortgage backed securities. So, Kristy Hunt resigned her position as the secondary market manager for Community Bank & Trust’s mortgage department, and a few days later she stabbed herself to death with a small kitchen knife? Oh sure. Via: Springfield Business Journal: […]

And Now… A New Star Will Appear in the Sky and Maitreya Will Unfurl???

December 21st, 2008

Benjamin Creme has been shoveling the same bullshit since 1982. What’s fascinating to me is that this somehow garners straight laced treatment from the mainstream press, even now!? For years, I’ve been expecting some kind of Jim Jones style Maitreya mind control operation to commence, but it never happens. Does the balloon finally go up […]

Israeli Blockade ‘Forces Palestinians to Search Rubbish Dumps for Food’

December 21st, 2008

Via: Guardian: Impoverished Palestinians on the Gaza Strip are being forced to scavenge for food on rubbish dumps to survive as Israel’s economic blockade risks causing irreversible damage, according to international observers. Figures released last week by the UN Relief and Works Agency reveal that the economic blockade imposed by Israel on Gaza in July […]

“Be Nice to the Countries That Lend You Money”

December 21st, 2008

Nobody goes out looking to engage in a Mexican standoff, but that’s the apparent nature of any “order” that’s alleged to exist in the global economic system. Useless university courses, taught by Council on Foreign Relations goons, will use a different term to describe this strapped-to-the-mast/Mexican standoff/fiat currency Hell phenomenon: Economic Interdependence. —Japanese Economists Consider […]

White House Consultant Who Rigged 2004 Election Dies in Plane Explosion

December 20th, 2008

Via: Brad Blog: The Akron Beacon Journal is reporting that the private plane of the GOP’s highly-placed “IT guru” Mike Connell’s went down in Lake Township, Ohio on Friday evening. Connell was killed in the crash and is reported to have been the only person on board. There are no reports of anyone on the […]

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