Bailout Money – Instead of Being Used to Stabilize the Economy or Even the Bailed-Out Companies – is Just Going to Line the Pockets of the Wealthy

The bailout money is just going to line the pockets of the wealthy, instead of helping to stabilize the economy or even the companies receiving the bailouts: Bailout money is being used to subsidize companies run by horrible business men, allowing the bankers to receive fat bonuses, to redecorate their offices, and to buy gold […]

Former Countrywide executives cash in on federal housing bailout

After overseeing a company at the very center of the still-imploding U.S. mortgage market, a dozen former executives are now poised to make millions from the housing crisis. Stanford L. Kurland, the former president of Countrywide Financial the bank that has become most synonymous with the bad mortgage lending practices that eventually caused the housing […]

90 yr old faces losing her home over Blue Chip – report

I would like to know what John Key intends to do about fraudulent and irresponsible financing companies. No wait I already know the answer. Nothing! John Key made most of his money in the most deregulated banking system since the great depression. Speculating in currencies and Bonds and derivatives. Gwendoline Harrison is plagued by nightmares […]