A man entered an Alaska USA Federal Credit Union Branch last week, and after giving his truthful name, account number and a photo identification, handed the teller a robbery note written on a receipt. The note threatened that he had a gun, and the teller gave the robber $600 in cash before he fled. The […]
The Middle East War: Is It A Banking War?
Since it is clear to most Americans at this point that America’s continued presence in the Middle East in both Iraq and Afghanistan is not at all primarily as a response and defensive mission with respect to the attacks on this country by Osama bin Laden and the Taliban in September 2001, but for purely economic […]
Bank Shares Topple on Talk Of Possible U.S. Takeover
The specter of bank nationalization is driving a historic fire sale of stocks including Citigroup and Bank of America, making it harder for those firms to survive and imperiling the efforts of the Obama administration to keep banks in private hands. A burgeoning chorus of prominent economists and members of Congress has concluded that some […]
Corruption: Swiss Banks To Reveal Secret Accounts
Nigerians with secret Swiss bank accounts may have to look elsewhere to stash their loot as previously inaccessible accounts in Switzerland are to be turned over to the American Government. This followed an agreement by UBS, a Swiss bank, to pay $780 million and hand in secret Swiss bank records to settle allegations […]
Politicians haven’t stopped catering to vote bank politics
The political season which usually surfaces after every six years in every Assembly segment of the country is at its full boom in the state of Jammu and Kashmir. All the political parties are shouting with high pitch in-front of the common man, making tall promises with an assurance to end their miseries to influence […]
Airlines are Crying but Railways are Laughing All the Way to the Bank
Airlines prices are soaring high as never before. This rise is being fuelled by rising record crude oil prices. Around 2004 the ATF price in India was Rs 21,000 per kiloliters and now it is Rs 71,000 per kiloliters. This has eaten all the airlines profits and now they are deep in losses. It is […]
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