PATH: BS | Business | Banking

BitCoin vs Beanie Babies

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[Beating Dead Horses]
In celebration of the recent elevation in Bitcoin price, we thought it was apropos to publish a revised "investment guide"..

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Fighting Back Against Cardmember Services Telemarketers

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If you have not been annoyed by this operation, consider yourself lucky, but many people know what it's like to get the "Rachel from Cardmember Services" (Bridget or another phony name) robo-call repeatedly to their telephones. The group behind this operation uses social engineering to con random callers out of their credit card numbers, SSN and other personal information under the guise of helping them get a lower interest rate on their credit card debt.

The FTC is actively trying to track down this group and not apparently having much luck. But a group online has managed to ID these people and can use your help to bring them to justice.

READ MORE | 4 comments since 2014-12-24 13:13:09 | Comment on this Article

A Modern Version Of SchoolHouse Rock: How America Collapsed

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Ed Asner does voiceover for a clever animated video that talks about how American society has changed over the years and how taxation and corporations have sucked dry, the economy. In the style of the old "Schoolhouse Rock" cartoons...

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Is The Government Rewarding Speculators And Penalizing Savers?

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Max Keiser looks at the ongoing financial crisis and asks whether the government and Central Bank remedies are penalizing workers and savers.

Is this what capitalism is ultimately all about? Not saving money and creating solid wealth and equity, but continually leveraging what you have to get more without a solid foundation? And in the current economic mess, are the people who were responsible with debt and their money the ones who are getting the worst deal?

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Peter Schiff: Government Is Contributing To The Depression

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The only finance guy who correctly predicted the mess the country is in has now come out commenting on the current administration's plan to address the economic crisis. As usual, Peter Schiff has some interesting things to say...

READ MORE | 2 comments since 2009-03-30 14:23:21 | Comment on this Article

A Coin Toss Is Better Than Listening To Jim Cramer

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[Pundits]
In a not-so-shocking analysis of one of the most-watched TV investment advisers, author Eric Tyson argues that Jim Cramer's actual stock-picking performance doesn't match the strength of his bellowing.

Besides his show Mad Money, Cramer is all over CNBC dispensing investment advice left and right. He's got to be out-performing other investment advisers and especially the market, right? Not really.

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Citigroup Barrs Investors From Selling Their Hedge Fund Shares

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Citigroup has barred investors in one of its hedge funds from withdrawing their money, and a new leveraged fund lost 52 percent in its first three months, the Wall Street Journal reported Friday.

The largest U.S. bank suspended redemptions in CSO Partners, a fund specializing in corporate debt, after investors tried to pull more than 30 percent of its roughly $500 million of assets, the newspaper said. Citigroup injected $100 million to stabilize the fund, which lost 10.9 percent last year, the newspaper said.

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BSAlert Show 7: Money, Debt and Finance

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[BSAlert *exclusive*]
How does credit really work? Do you have nearly as much money as you think, or is debt consuming you? And how does the American financial system work?

We delve into these issues as well as interview moviemaker, Paul Grignon and talk about his very cool documentary called, "Money As Debt".

Click here to subscribe to our podcast via iTunes or other services (Always Free!)

READ MORE | 2 comments since 2008-01-21 19:29:40 | Comment on this Article

Day Trader Meltdown As Wizards Try To Cast Anti-Recession Spell

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Yesterday was an interesting day in the world of financial markets, if you think seeing a huge storm heading your way "interesting," and today it gets even more "interesting."

Hoping to halt a market meltdown and prevent a recession, the Federal Reserve lowered its overnight lending rate by three quarters of a percentage point to 3.50% on Tuesday in a rare move between formal meetings.

Nobody watches NASCAR to see cars go around in circles. We know what makes the highlights... watch the video we have as this day trader suddenly realizes the market has raped him hard...

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The Corruption That Is Modern Banking: Money As Debt

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Here is a multi-part video documentary on how the banking system works: Money As Debt. It's quite enlightening.

Stay tuned as we interview the man responsible for this film, Paul Gringon in our next podcast!

READ MORE | 2 comments since 2008-01-23 20:19:08 | Comment on this Article

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