Recent Event Highlights: Afghanistan's National Solidarity Program, cnn - lou dobbs - usa vs denmark, Omer Bhatti aka O~Bee, 3rd Michael Jackson son starring "Home", National Bank, Germany Weighs Taking Bank Stakes, Catastrophe - Obama's Plan For Bank Nationalization, Europe Moves to Boost Financial Powers, and 207 more...
Created by dipity on Feb 21, 2009
Last updated: 10/06/09 at 05:10 PM
In 2003, the new Afghan government launched an ambitious rural development initiative - The National Solidarity Program or NSP - to improve the lives of millions of Afghans. Founded on the principles of grassroots democracy, the NSP has channeled resources to communities to fund thousands of small projects developing irrigation, power, water supply and roads.
Omer Bhatti ~aka O-Bee in "Home" National Bank. Video. ... "Michael Jackson" "King of Pop" son "Omer Bhatti" "Home. Blankett" Video "National Bank" Tribute Fanmix 2009 O-Bee Rap June July
Excerpt
...reveal new problems at banks and force them to seek government aid. Any law entitling the government to forcibly nationalize banks could probably only be passed after the Sept. 27 federal election, the Süddeutsche report said. The government is also considering...
Source Info
Business Week
http://rss.businessweek.com/~r/bw_rss/europeindex/~3/dg-mqw1cNG8/gb20090721_025133.htm
How Obama, Congress And The Special Interests Are Turning A Slump Into A Crash, Freedom Into Socialism, And A Disaster Into A CATASTROPHE...And How To Fight Back
Excerpt
...government is drafting new legislation, to be debated in the fall, that will give the government powers to nationalize a bank or force it to merge with another institution. Compensation for bank shareholders and creditors would be debated after control had...
Source Info
Wall Street Journal
Related Topics
http://online.wsj.com/article/SB124757731423738667.html#mod=WSJ_topics_obama
Excerpt
...18, 2006, following the April 2006 uprising, the then reinstated House of Representatives (HoR) had directed the government to nationalize the property of the late King Birendra and his family. HoR had also directed that the property that came into the hands...
Source Info
Republica
http://myrepublica.com/portal/index.php?action=news_details&news_id=6887
National Bank Examiners help ensure the safety and soundness of America's national banks as members of the Office of the Comptroller of the Currency. Consistently among the best places in the federal government to work, the OCC offers rewarding careers, very competitive compensation and benefits, flexible schedules, and a family friendly diverse environment. For more, visit www.occ.gov.
Excerpt
...Venezuela — Venezuela has agreed to pay Spain's Banco Santander $1.05 billion to nationalize the bank's local unit, ending months of stalled talks and transforming President Hugo Chavez's government into the country's top financial player. The takeover of...
Source Info
South Florida Sun-Sentinel
http://feeds.sun-sentinel.com/~r/sun-sentinel/business/~3/rqyfTn1YPQk/sfl-venezuela-bank-052609sbmay26,0,1839759.story
Excerpt
...- CARACAS, Venezuela (AP) - Venezuela agreed Friday to pay Spain's Banco Santander $1.05 billion to nationalize the bank's local unit, ending months of stalled talks and transforming President Hugo Chavez's government into the country's top financial...
Source Info
PR-Inside.com
http://www.pr-inside.com/venezuela-to-pay-1-billion-for-r1272505.htm
Excerpt
...government has stated clearly that it will not nationalize BofA even though it is technically the largest shareholder of the bank." © Copyright 2009 Reuters. Reuters content is the intellectual property of Reuters or its third-party content providers. Any...
Source Info
Boston Globe
http://www.boston.com/news/world/asia/articles/2009/05/22/singapores_temasek_defends_costly_bank_of_america_exit?rss_id=Boston.com+--+Latest+news
National Australia Bank is onwe of the biggest across the Pacific region. Here's a guide to banking down under for those seeking to migrate. Produced by Nick Gibson.
This is the dover elevator at the old First National Bank Building in Roanoke. This should be a better shot than the first. I might do one more photo of this elevator at a later date.
Excerpt
...CARACAS, May 14 (RIA Novosti) - Venezuela's government plans to nationalize a major private bank, Banco de Venezuela, a subsidiary of Spanish banking group Santander, on May 22, local media cited the country's president as saying. Hugo Chavez announced the...
Source Info
RIA Novosti
http://rss.feedsportal.com/c/860/f/415777/s/42cef15/l/0Len0Brian0Bru0Cworld0C20A0A90A5140C12158940A20Bhtml/story01.htm
said it, is no reason to get excited. Oprah's chicken dinner mess 2:01 CNN's Alina Cho reports on Oprah Winfrey's free KFC chicken giveaway that went awry. ... kfc oprah "free chicken" "universal health care" "charles schwab" communist commnism socialist socialism nationalization aig "citi bank" "nationalized banks" nau "north american union" cfr spp commmunist communism obama "eric holder" globalist globalism "global markets" "global government" "one world government" "one world religion ...
Excerpt
...stabilization fund SoFFin said on Thursday. The German government will use its stake to force through a capital increase at the bank, SoFFin said in a statement. By the end of the German government's 1.39 euro per share takeover offer late on Monday, shareholders...
Source Info
CNBC
http://www.cnbc.com//id/30616067
attention to state budgets. ----- At a recent community forum on the economy, Professor Joseph Stiglitz argued in favor of temporary bank nationalization, calling it "not that big of a deal" and essential to changing incentive structures. "When the economy recovers, you privatize again," he said. - Columbia Business School Joseph Stiglitz was chief economist at the World Bank until January 2000. Before that he was the chairman of President Clinton's Council of Economic Advisers. He was ...
Stress Test = Bank Nationalization
Ewald Nowotny, Governor of the Austrian Central Bank, discussed the current financial crisis and its implications for Europe in a wide ranging exclusive interview in Salzburg. Discussing the potential need for increased interest rate reductions and longer lending periods on ECB loans, Governor Nowotny also suggested a potential move beyond traditional ECB practices, including the purchasing of assets, a practice known as credit easing or quantitative easing. Speaking at Session 462, The ...
Brookings Institution Fellow Doug Elliott with details of a last-resort bank-nationalization plan for if things go from bad to worse in the financial crisis.
problem. How can they reveal just how insolvent our banking system is? Article On Stress Test: turnerradionetwork.blogspot.com Andrew Sullivan (Who supports Obama) Says They Did The Stress Tests To Convince The American People We Need To Nationalize Several Banks; www.youtube.com As usual this story is breaking across the "Internets". ... "economic collapse" "stress test" "banking collapse" "financial crisis" economy "ron paul" "glenn beck" "fema camps" "job losses" "lost job" help lol reporter ...
Analysis and discussion with Arthur Levitt on his outlook of the bank stress test and bank nationalization. (Bloomberg News)
Excerpt
...massive scope of the problem has prompted talk that the administration may be planning to “nationalize” a large portion of the banking industry. In its most extreme form, nationalization would mean that the government buys (or takes) all the shares of stock...
Source Info
Monroe Rising
http://monroerising.com/2009/04/20/will-obama-nationalize-the-banking-industry/
more at msnbc.com April 14, 2009
implemented something pretty close to plank number 5. They called it the Federal Reserve - It's a privately owned central bank with a monopoly on money and credit. A government granted monopoly - That's not capitalism. The Federal Reserve has caused today's economic problems, but capitalism is wrongly taking the blame! Our history books ignore this, but - this Federal Reserve it our 3rd national bank. President Thomas Jefferson killed our first national bank. President Andrew Jackson killed ...
while promoting this: HR 875 Michelle's White House Garden 2:30 Michelle Obama starts the actual planting in the White House vegetable garden with local kids. ... "universal health care" "gayle king" "michelle obama" communist commnism socialist aig "citi bank" "nationalized banks" nau "north american union" cfr spp commmunist communism obama "eric holder" globalist globalism "hr 875"
Excerpt
... National day of protest against the bank bailouts and a call to restructure our banking system. The core demands are to nationalize, restructure and decentralize. Whether you agree with the details of the demands, this will be a good place to show your outrage...
Source Info
Portland Indymedia
http://portland.indymedia.org/en/2009/04/389757.shtml
Excerpt
...banking structure, in both the short and long term. The summary of demands: "Nationalize, Reorganize, Decentralize" applies to banks, but also applies to the politics of the group--everyone comes together to organize locally, in a decentralized fashion. As...
Source Info
The Nation
http://feedproxy.google.com/~r/TheNationTheNotion/~3/uEyJCTK4XMM/nationalize_reorganize_decentralize
Excerpt
...(CNN) -- The German government moved Thursday to nationalize the stricken Hypo Real Estate bank. The German government has made an offer which would see Hypo Real Estate bank nationalised. It has offered €1.39 ($1.84) per share in what will be the country's...
Source Info
CNN
http://rss.cnn.com/~r/rss/cnn_latest/~3/vKpASA2dib4/index.html
we are freaking screwed. 'New world order is emerging' 2:13 British Prime Minister Gordon Brown says a new era of international cooperation has resolved.
hows that new world order coming long? Obamas meet the queen 1:00 President Barack Obama and First Lady Michelle Obama are given a private audience with Britain's Queen Elizabeth II. ... "gordon brown" g20 "charles schwab" communist commnism socialist socialism nationalization aig "citi bank" "nationalized banks" nau "north american union" cfr spp obama "eric holder" globalist globalism "global markets" "global government" "one world religion" "alex jones" ...
Excerpt
...Chavez said on Thursday, weeks after officials said the purchase was on hold. Since first winning office a decade ago, Chavez has nationalized large swathes of the OPEC nation's economy and this year has moved to increase state control of farms and food production...
Source Info
Reuters
http://feedproxy.google.com/~r/reuters/businessNews/~3/Y0n_BjtXd6c/idUSTRE52J0BS20090320
On conservationist Tony Whitten's second supervisory visit to the World Bank's biodiversity project on the eastern Indonesian island of Halmahera, the team took a helicopter to the Aketajawe-Lolobata National Park to see some of the island's biodiversity including giant cuckoos, enormous gingers and plenty of leeches. The project is executed by Burung Indonesia, and their team has already developed solid relationships with government, civil society and private entities to form a strong and ...
Excerpt
...DE JANEIRO, March 16 (Xinhua) -- The U.S. government should nationalize its banks in trouble, Brazil's Finance Minister Guido Mantega said on Monday, considering it will be better than only buying the banks' bad assets, local media reported. "They have...
Source Info
Xinhua
http://news.xinhuanet.com/english/2009-03/17/content_11024574.htm
john stewart is the new administrations whore. everyone is trying to blame someone else for this countries financial issues, when this goes waaaaaaay back to th New Deal and the Federal Reserve. It will be interesting. Hard queries for CNBC's Cramer 2:41 CNN's Jim Acosta looks at the Jon Stewart-Jim Cramer feud and questions about Cramer's actions.
STORY: It was the last major private Icelandic bank left standing. Now Straumur has been nationalized. The Icelandic Financial Supervisory Authority acted after the bank revealed the extent of its troubles. Straumur lost almost 800 million dollars before tax in the fourth quarter after hefty loan losses and asset writedowns. The bank told the IFSA it was no longer strong enough to sustain its operations. Straumur Chief Executive William Fall resigned with immediate effect. The Icelandic ...
Jon Stewart battles Jim Cramer 5:07 CNN's Rick Sanchez looks at the feud between Jon Stewart and CNBC's market guru Jim Cramer.
Excerpt
...a world banking system that would improve accountability and transparency. Socialists believe it is most important to have a nationalized banking system that will accommodate the needs of working people; a 21st Century banking system that is not a model of...
Source Info
Portland Indymedia
http://portland.indymedia.org/en/2009/03/387339.shtml
Excerpt
...large institutions like Citigroup. Now the government's stress tests for banks have created a situation where struggling banks can nationalize themselves. If a stress test shows the bank is in trouble, the bank can ask for a capital injection from the government....
Source Info
NPR
http://www.npr.org/templates/story/story.php?storyId=101497127&ft=1&f=3
Roubini: Fully Nationalizing Citi and Bank of America Would Be Better Posted Feb 27, 2009 06:15pm EST Friday's announcement the government will convert up to $25 billion of its Citigroup preferred stock into common equity represents Uncle Sam's third direct attempt to rescue the floundering bank. The conversion would give the government up to 36% control of Citigroup stock and leave existing common shareholders with as little as 26% of the company's common stock. That explains why the stock ...
Charles Gibson puts the spotlight on Citi National Bank CEO Leonard Abess, who after selling the bank to a "community minded" private investor he trusted, dispersed 60 million dollars between his 399 bank employees & even 72 ex-employees. Abess gained mention for his care for employees before his own profit by President Obama himself. The Miami Ceo remains to be the Ceo after the sell.
Excerpt
...back to the market and get paid back a little bit for all the lost support that they’re creating for these banks." "Any bank we nationalize will be forced, both by regulators and the marketplace, to shrink dramatically... What’s more, we won’t be able to stop...
Source Info
Bill Moyers' Journal
http://www.pbs.org/moyers/journal/blog/2009/02/to_nationalize_or_not_to_natio.html
LPACTV Lyndon Larouche Behold! Wall Street wants to loot and rob us all! http://www.larouchepac.com/ http://www.larouchepub.com/
Forex TV - US existing home sales drop below expectations. Bernanke says there will be no bank nationalization. Rob Booker with his FX forecast.
WONG: And in todays Market Report Asian financial shares fell sharply following U.S. peers, while Japan's benchmark Nikkei neared 26-year lows. Japan's finance minister says his government may buy shares as falling equity prices eat away at the capital bases of banks and other businesses. One analyst says a lack of clarity by policymakers, especially over U.S. bank nationalization plans, is spooking the markets. [Daruisz Kowalczyk, SJS Markets, Ltd.]: "As painful as it is, governments need to step in and nationalize major banks whose books are saddled with too many toxic assets to resume normal lending. Without a sufficient flow of credit to the economy the recession is not going to end." Japans economy shrank 3.3 percent last quarter, the most in 35 years. Hong Kong's economy shrank in the fourth quarter of 2008. Its the first annual decline since the SARS outbreak six years ago, and economists predict it could contract 5 percent this year. Meanwhile, China wants to consolidate its automobile sector through a series of mergers. Some 14 major automakers dominate 90 percent of the market.
At a recent community forum on the economy, Columbia Business School Professor Joseph Stiglitz argued in favor of temporary bank nationalization, calling it not that big of a deal and essential to changing incentive structures. "When the economy recovers, you privatize again, he said. Read more at http://www4.gsb.columbia.edu/publicoffering/post/63214/Stiglitz+on+the+Economy%3A+Too+Little%2C+Too+Late+(but+Better+Than+Nothing)
Excerpt
...Reserve Chairman Ben Bernanke said on Wednesday there was no plan to nationalize troubled U.S. bank Citigroup, causing stocks on Wall Street to trim losses. "Nationalization to my mind is when the government seizes the bank, zeros out the shareholders and...
Source Info
Boston Globe
http://www.boston.com/news/nation/washington/articles/2009/02/25/bernanke_says_no_plans_to_nationalize_citigroup?rss_id=Boston.com+--+National+news
Panel 1 Barack Obama speech Full force of Govt Bank nationalization? No specifics Stress tests starting Feb 26, 2009 Panel 2 Bernanke calmed fears Full takeovers unlikely Helped Dow Tuesday But down 150 pts now Insurers hammered Feb 26, 2009
Former SEC Chairman Arthur Levitt shares his view on bank nationalization. He says he don't think full nationalization is off the table; the word nationalization has spooked the market; when gov't shores up banks, injects money, thats nationalization; (Mo
February 24, 2009 Shelby (R-AL) U.S. Federal Reserve Chairman Ben Bernanke Senate Banking Committee Q&A

