Archive for May 2019
Trump, Kushner and the Times Bombshell: What You Should Know About “Private” Banking in New York City
Greed and a desire for riches are traps that bring ruin and destruction. “The love of money is a root of all kinds of evil,” and Christians are warned, “Do not put your trust in wealth” (see 1 Timothy 6:9-10, 17-18). Covetousness, or having an excessive or greedy desire for more, is idolatry. Ephesians 5:5 says, “For of this…
Read MoreWells Fargo personal banker pleads guilty to being part of nearly $20 million drug money laundering scheme
There are two types of people in jail or prison: those who were wrongfully accused and victimized by an unjust system, and those who are guilty and whose punishment is just according to the system of law they have broken. The Bible has something to say to both the innocent and guilty who are in…
Read MoreEx-bank CEO charged with lending millions to Paul Manafort in exchange for help getting Trump White House job
The Bible has a lot to say on the subject of injustice. We know that God is in favor of justice; we know that He is against injustice, even in the most basic terms. The writer of Proverbs mentions this: “The LORD detests differing weights, / and dishonest scales do not please him” (Proverbs 20:23).…
Read MoreBancorpSouth (BXS) Down 3.3% Since Last Earnings Report: Can It Rebound?
“Beware of the scribes, who like to walk around in long robes, and love greetings in the marketplaces and the best seats in the synagogues and the places of honor at feasts, who devour widows’ houses and for a pretense make long prayers.” They will receive the greater condemnation” (Luke 20:46-47). Here the sin is…
Read MoreSix ‘Criminal’ Banks Finally Identified and Exposed! Why No Media Coverage?
Why is it so important to understand and embrace the concept of absolute truth in all areas of life (including faith and religion)? Simply because life has consequences for being wrong. Giving someone the wrong amount of a medication can kill them; having an investment manager make the wrong monetary decisions can impoverish a family;…
Read MoreThe Six Megabanks have not skipped a beat when it comes to committing fraud, market manipulation, and other abuses against their clients, investors, and the financial markets themselves.
Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible does not explicitly command against all forms of debt. The Bible warns against debt, and…
Read MoreShare Buybacks Have Created a Dangerous Bubble in Wall Street Bank Stocks
Greed is a strong and selfish desire to have more of something, most often money or power. There are many warnings in the Bible about giving in to greed and longing for riches. Jesus warned, “Watch out! Be on your guard against all kinds of greed; a man’s life does not consist in the abundance…
Read MoreThe Criminal Case Against Merrill Lynch: “Sinister,” “Whores,” “Beards”
Many of the loans we are familiar with in modern times come from banks, and the Bible doesn’t say much about this. While the Bible does not prohibit the charging of interest, it does warn against becoming too concerned with money, telling us that we cannot serve both God and money at the same time…
Read MoreBuffington Mohr McNeal purchased a new position in Bancorpsouth Bank (NYSE:BXS)
Jesus had much to say about wealth. His most memorable conversation about money is His encounter with the rich young ruler (Matthew 19:16–30). The young man asks Jesus what he must do to obtain eternal life, and Jesus tells him to follow the commandments. When the man tells Jesus that he has done all that,…
Read MoreKeeley Teton Advisors LLC trimmed its position in Bancorpsouth Bank (NYSE:BXS) by 7.3% during the first quarter
When one knows the truth and refuses to obey it, he is subject to any lie, any deception, any untruth that man can conjure up. “For although they knew God, they neither glorified Him nor gave thanks to Him, but their thinking became futile and their foolish hearts were darkened. Although they claimed to be…
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