Free Republic 4th Quarter Fundraising Target: $85,000 Receipts & Pledges to-date: $23,850
28%  
Woo hoo!! And the first 28% is in!! Thank you all very much!!

Keyword: bailin

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  • Caveat, investor: Now feds want a bite of your mutual fund

    10/02/2014 5:59:33 PM PDT · by TurboZamboni · 16 replies
    The Citizen ^ | 9-4-14 | Paul S. Atkins
    To oversee this process, Dodd-Frank created the Financial Stability Oversight Council (FSOC), made up of the heads of the financial services regulatory agencies. The council claims very broad power to designate certain activities (like asset management) or companies and products (including mutual funds) as systemically important and subject them to Federal Reserve bank-style regulation, including leverage and capital requirements. And the council is doing just that – first with banks, then insurance companies and now, potentially, mutual funds. President Obama’s “independent” insurance expert on the council issued a blistering dissent when it designated Prudential – the nation’s second-largest life insurer...
  • The Next Bank Meltdown Won't Be An "Accident"

    04/22/2013 1:52:07 PM PDT · by blam · 10 replies
    Money Morning ^ | 4-22-2013 | Shah Gilani
    The Next Bank Meltdown Won't Be An "Accident" By Shah Gilani, Capital Wave Strategist, Money Morning April 22, 2013Big banks turned in a pretty stellar first quarter. All but one beat profits expectations. But as I told you last week, I'm now out of these stocks completely. Do you want the truth about what shape banks are in right now? Sure you can handle it? I'm sorry; I can't tell you the truth. Regulators can't tell you the truth. And the Federal Reserve won't tell you the truth. No one can tell you the truth. That's because banks don't tell...