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Banking
Date Link Article
December 03, 2007 Shariah's Trojan Horse
Miscellaneous
Suddenly, a new national debate is beginning about the national security, economic and other implications of Persian Gulf potentates using their petrodollars to buy up strategic American assets. Most recently, the Emir of Dubai’s purchase at fire-sale prices of 4.9 percent of the largest U.S. bank, Citigroup, has caused a level of unease not seen since he tried to buy his way into a large number of this country’s port facilities.
December 02, 2007 The Long and Short of It at Goldman Sachs
New York Times
FOR decades now, as a writer, economist and scold, I have been receiving letters from thoughtful readers. Many of them have warned me about the dangers of a secret government running the world, organized by the Trilateral Commission, or the Ford Foundation, or the Big Oil companies or, of course, world Jewry.
November 27, 2007 Billionaire to Canada: Time for amero is now
Worldnet Daily
Stephen Jarislowsky, a billionaire money manager and investor the Canadian newspaper Globe and Mail bills as the Canadian Warren Buffet, has told a parliamentary committee Canada and the United States both should abandon their national dollar currencies and move to a regional North American currency as soon as possible.
November 22, 2007 Islamic banking rises on oil wealth, drawing non-Muslims
Int'l Herald Tribune
Rising oil wealth is lifting Islamic banking - which adheres to the laws of the Koran and its prohibition against charging interest - into the financial mainstream.
November 22, 2007 Euro banks halt trading in some mortgage bonds
CNNMoney
LONDON (CNNMoney.com) -- Growing unease among investors has driven banks in Europe to temporarily suspend trading of covered bonds, the latest sign of the deepening problems in the mortgage debt market.
November 20, 2007 Hundreds of banks threatened by new subprime crisis
Worldnet Daily
The reserves of hundreds of banks are at risk, including some major banks, after a little-noticed federal court decision signaled the crisis in securitized home mortgages could spell much more trouble for financial institutions than previously realized, even on Wall Street.
November 16, 2007 Feds raid 'Liberty Dollar' operations in Idaho and Indiana
Miscellaneous
COEUR D'ALENE, Idaho -- Federal agents have raided sites in Idaho and Indiana linked to the "Liberty Dollar," a silver coin used by groups that oppose the Federal Reserve System and the federal income tax, a newspaper reported.
November 15, 2007 FBI Raids Liberty Dollar offices, confiscates gold & silver
Miscellaneous
The future of an Evansville-based company that produces a "private voluntary barter currency" known as the Liberty Dollar is in question after federal agents raided the facility this week, according to an e-mail sent by its founder.
November 07, 2007 Alarm: China signals flight from dollar
Worldnet Daily
An unprecedented signal from senior Chinese leaders that the Asian economic giant might abandon the U.S. dollar sent shockwaves through the markets today as the Dow Jones Industrial Average lost 360 points and the greenback fell to a record low against the euro.
November 07, 2007 Investors agree: Anything but the dollar
Int'l Herald Tribune
In financial market jargon, a "flight to quality" when times are uncertain used to be synonymous with "buy dollars." Not anymore.
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