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How evil is your bank? See if your bank paid a record fine in 2012 for playing dirty Watch

Image of Is your bank evil?

Is your bank evil? For the past several years, large banks have been engaging in a wide range of abusive and illegal practices which have ... continue reading


Bank to pay record money-laundering fine Watch

Image of HSBC has acknowledged its mistake and will pay a settlement to the U.S. government.

The British-based Hong Kong and Shanghai Banking Corporation (HSBC) has been fined €1.9 billion as part of a settlement following a ... continue reading



How Many Loaves Do You Have? Building an Economy of Gift and Communion Watch

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Pope Benedict's  Encyclical letter "Charity in Truth" (Caritas in Veritate')  contains within it the seeds of hope for building ... continue reading


Citi slashes 11,000 jobs thanks to Obama regulations

Image of Citibank is cutting jobs and costs in the face of new regulations and fiscal uncertainty.

Citibank is shedding 11,000 jobs as well as scaling back operations in new markets in an effort to save $1 billion through the next year. ... continue reading


General Motors growing stronger

Image of General Motors expects the European unit to improve and become profitable within the next few years.

General Motors has some good news for everyone, as the company's shares rose Wednesday on predictions of stronger profits and improved ... continue reading


Is government pay fair? Watch

Image of Are we burning money with government pay?

It's a sweet time to be a government employee. For those who have survived cuts, they have the luxury of working for an establishment that ... continue reading



Why your city will be the next to go bankrupt

Image of Neither Romney nor Obama are prepared to do anything to save the situation.

Cities across the nation remain in distress, despite the supposed recovery that should be reversing the tide of municipal cuts and ... continue reading


The two percent tax increase that's coming because you didn't say 'thanks' Watch

Image of The effect of the tax increase would be similar to a doubling of the price of gas.

A stealthy tax increase is about to cut your pay by 2 percent as of January , 2013. Technically, the politicos say, it's not a tax ... continue reading


We will pay again. Retailers reject their own settlement deal with credit cards Watch

Image of Credit card companies are crying foul over the rejection of the proposed settlement.

Visa and MasterCard have worked out a settlement with several retailers over swipe fees charged to retailers when customers use credit ... continue reading


How Obama managed to scare Steve Wynn Watch

Image of Steve Wynn is a successful businessman who has created over 250,000 jobs.

Last night, Steve Wynn appeared on the "Ralston Reports" a Nevada political talk show. In an interview with host, Jon Ralston, Wynn ... continue reading


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