On Monday, the U.S. Department of Justice announced that Goldman Sachs has agreed to plead guilty again and will pay $5.06 billion for its role in the 2008 financial crisis. The settlement, over the sale of mortgage-backed securities from 2005 to 2007, was first announced in January. Of course, none of the bankers will […]
We are finishing up the “Pension Crisis – The Next Nightmare,” which is a special report outlining the next global meltdown. Germany’s Federal Finance Minister Schaeuble is now openly blaming Mario Draghi for the electoral success of the AFD in Germany, which is the Alternative for Germany (In German: Alternative für Deutschland, AfD). The AFD is a […]
Airlines in the United States, including Delta, American, and United, are engaging in outright criminal behavior under the anti-trust laws. They charge a $200 fee to change a ticket, even if the ticket itself costs $200, and if you complain they respond by saying that all of the airlines charge the same fee. That proves […]
The Yen has reversed some of its gains from last week but not before attempting more early in the day. Having hit highs early in the session it spent the majority of the day drifting lower to close over the 108 handle. The Nikkei, therefore, saw the exact reverse having hit session lows early then […]
