banks

Pittsburgh Man Opens Ice Cream Shop/Bank and Refuses to Shut Down

Despite threats of big fines by state banking regulators, the owner of a Shadyside (Pittsburgh, Pa) ice cream shop who opened his own version of a community bank last summer isn't abandoning his mission.

"We are taking on the challenge of transforming the retail banking industry," his website states.
"PA dept of banks threatening us ... we keep growing," he tweeted in late December.

Instead of deposits he is offering "never-ending gift cards." (More hilarious examples of how this ice cream shop/bank owner is getting around regulations in the article).

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Michigan Supreme Court Justice charged with bank fraud

Posted January 19th, 2013 by loungedaddy
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Is resigning Monday (Jan 21), months after a series of suspicious real estate transactions were revealed. Justice Hathaway quietly filed retirement papers with the state back on Dec. 20...

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The Money Masters Live In Fear

The 5 largest banks in the US are conspiring to not have to pay on the Credit Default Swaps they wrote, by using a shadowy organization called the "International Derivatives and Swaps Association". The problem for these bankers is that if they do, they will be insolvent and will make the 2008 economic crisis look like a warmup. They know that they will be blamed for the collapse and are desperate in their attempts to keep it from happening.

This article explores how the bankers will call on their hired politicians, police enforcers, and militaries to distract the public from their crimes.

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Institutionalized Immorality: Banks

Posted January 24th, 2012 by mattnatehoff
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The 11 most evil things the banking industry did in 2011. List includes illegal debt collection methods.

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Judge orders Wells Fargo to pay back $203M in fees

Posted August 11th, 2010 by joestros
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Banks get accused and charged with fraud when they charge fees and interest in a voluntary contract. The IRS gets away with it without consent and uses the threat of force to extract the money. Which is worse?

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10 ways you're being fleeced by banks

Taxpayers are rightfully angrier than ever before about the state of the U.S. economy and the government's handling of the financial crisis; perhaps even more so than the Colonists at the original Tea Party. After all, it appears that the only group benefiting during this painful slide into recession are the very people who caused the crisis -- The Banks.

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Secret gold swap has spooked the market

Posted July 13th, 2010 by Deslock Darkstar
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It takes a lot to spook the solid old gold market. But when it emerged last week that one or more banks had lent 380 tonnes of gold to the Bank of International Settlements in return for foreign currencies, there was widespread surprise and confusion ....

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Senate OKs ban on use of taxpayer funds in bank bailouts

Posted May 6th, 2010 by narmical
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An amendment to the financial overhaul bill banning the use of taxpayer funds for bank bailouts has been agreed upon in the Senate, says the LA Times.

"If there's one thing we should all be able to agree on, it is this: The American taxpayers should never again have to bail out Wall Street firms that gambled away our savings and wreaked havoc on our economy," said Barbara Boxer (D-CA,) the senator who proposed the amendment.

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Iceland may vote to default on international debt

Posted March 6th, 2010 by wtfk
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Iceland may vote to default on international debt. This is important news to Americans, because eventually, the US Federal Government will have to default on its debts, and the same political questions will come to the fore, on a much larger scale

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Protests break out in Iceland over bank bailout - with torches!

Posted January 6th, 2010 by abexman
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The pictures below are from one of the protests that lead the President to veto the bill. Remember all that talk about torches and pitchforks? Well, Iceland went ahead and broke out the torches (ok - they're flares, technically):

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