Posts Tagged ‘Banks Facing Legal Trouble’

Doug Casey On The Destruction Of The Dollar

“Inflation” occurs when the creation of currency outruns the creation of real wealth it can bid for… It isn’t caused by price increases; rather, it causes price increases. Inflation is not caused by the butcher, the baker, or the automaker, although they usually get blamed. On the contrary, by producing real wealth, they fight the effects…

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“It’s As If JPMorgan And Goldman Vanished…”

The equity-ification of the bond market has been closely followed by Bloomberg News and other financial journalists. Unfortunately for the big banks, it’s a trend that has largely been led by fintech firms like TradeWeb and Bloomberg. Many corporate bonds from investment grade to deep in the speculative territory can be found trading on-the-run on…

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Banks Make The Dirty Money Appear To Be Legitimate

Narcissism is the term used in psychology to describe a preoccupation with self. It is a Greek term taken from the name of the mythological Narcissus, who fell in love with his own image and was doomed to die because he would not turn away from it. A narcissist is a person who displays a high…

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Failed Bank List-Federal officials expect turbulence in the banking industry to continue into next year

Dishonesty is reproved in Scripture. God does not accept a Business or Business person who “practices deceit” (Psalm 101:7), and Jeremiah 9:5 says of a wicked society, “Everyone deceives his neighbor, and no one speaks the truth; they have taught their tongue to speak lies; they weary themselves committing iniquity.” Speaking the truth, or honesty, is a…

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Is This What Has Got the Fed So Spooked?

Amos: 11 “Behold, the days are coming,” says the Lord God, “That I will send a famine on the land, Not a famine of bread, Nor a thirst for water, But of hearing the words of the Lord. 12 They shall wander from sea to sea, And from north to east; They shall run to and fro, seeking…

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Bank of America: “Enjoy It While It Lasts”

The term double-minded comes from the Greek word dipsuchos, meaning “a person with two minds or souls.” It’s interesting that this word appears only in the book of James (James 1:8; 4:8). Bible scholars conclude that James might have coined this word. To grasp the full meaning of this word, it is best to understand how it is used…

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Banks rip off foreign payments customers over and over

It’s always good to remember the Lord’s purpose for what He makes. Whether it’s the temple, the church, marriage, the family, or life itself, we should follow God’s design and seek to honor Him. Any twisting or perverting of God’s design for selfish purposes will draw the Lord’s righteous anger. It’s amazing that the big…

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The Parable Of Deutsche Bank And Investment Banking

These same money changers were associated with others who engaged in shady business practices in the temple courts. Some sold sacrificial animals, overcharging people who did not bring their own. Others were in charge of examining the animals to be sacrificed, and it was a simple matter to declare an animal “unapproved” and force the worshiper…

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A Long Journey Home Book Cover

A Long Journey Home

A book about a fourteen-year-old boy, the son of a Baptist pastor, thrown from his home at age 14. This boy, StevieRay, would later become a multimillionaire. Now he gives orphans a second chance at life.