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Monthly Archives: February 2014
Will tax evasion be the final straw for illegal banking activity?
Years of evidence and negotiated admissions on rampant money laundering, price fixing, insider trading, breach of trust and epic financial plundering of households, pensions, cities, states, trusts and foundations have all, so far, been widely tolerated. But incontrovertible evidence of … Continue reading
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Reality check: US mortgage apps at lowest level since 1995
Nope not about the weather…home sales have fallen the most in the west–no polar vortex there. Mortgage applications to buy a home fell last week to the lowest level in nearly two decades, according to a weekly survey from the … Continue reading
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Public pension shortfalls mount
Even after 6 year of QE-extended recovery in US stock and high yield bond prices, deficits in public pensions continue to outpace all gains as cash-strapped states defer necessary reforms, and direct planned funding towards other short term expenses. One … Continue reading
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