The British Pound is doomed. Three years ago, while doing our ResonanceFM 104.4 show, “The Truth About Markets,” Stacy and I commented on news that Bradford & Bingley was offering customers 120% mortgages. At the time we pointed out that this was guaranteed to bankrupt B&B and the entire banking sector if they were allowed [...]
Entries Tagged as 'halifax'
Max Keiser Mini-Blog: The British pound is doomed
April 15th, 2009 10 Comments
Tags: blog · bradford & bingley · halifax · max keiser · negative equity
Headlines, Headlines, Headlines – 14 April 2009 [Updated]
April 14th, 2009 23 Comments
Stacy Summary: Another day, another headline outlining the devastating consequences of monopoly and monoculture. First the ‘too big to fail’ banks wiped out the financial system, now the identikit towns across the UK (and US no doubt) are threatening the spread of ‘ghost towns.’ Retail monopolies warn of UK ‘ghost towns’ if they don’t receive [...]
Tags: 2005 bankruptcy laws · aig · gdp · germany · ghost town · gm corn · goldman sachs · halifax · hbos · hsbc · monoculture · negative equity · retail monopoly · singapore





















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