Excerpt: For years treasury secretary Tim Geithner lectured Europe on the need to rescue banks as a prerequisite for rescuing economies – and look at the US economy now America’s banks are bigger than ever. JP Morgan Chase, Bank of … Continue reading
A stunningly good article about continued rampant criminality on Wall Street, approved by our venal, corrupt elected. MF Global: The Untold Story of the Biggest Wall Street Collapse Since Lehman Excerpts: Only on Wall Street can you bankrupt a company; … Continue reading
Swarm of mini earthquakes recorded throughout W. Washington Excerpted: Western Washington has experienced dozens of earthquakes so far this week, but nearly all of them have been too small for most people to notice. As of 5 p.m. PT Thursday, … Continue reading
My son sent me a link to an AP article, “Hundreds of thousands may lose Internet in July” The article claimed that the FBI had been running an op that reroutes internet traffic through some of their servers, and that … Continue reading
One thing is certain in the light of articles such as this one: Scientists: Increase in US Earthquakes Almost Certainly Manmade. Expect to see billions of dollars spent by the Petroleum industry on ads telling us how safe this is, … Continue reading
Anonymous Police Sources Paint Trayvon Martin As Aggressor Photo: John Moore/Getty Images “TheOrlando Sentinel reports Martin “decked” Zimmerman, climbed on top of him, and “slammed his head into the sidewalk, leaving him bloody and battered.” This is what Zimmerman told … Continue reading
‘Ghost of WaMu’ Posts 61-page Expert Valuation Report “After Washington Mutual Bank became the biggest failure of any savings and loan in U.S. history, its bankruptcy proceedings languished for over three years, complicated by insider claims against the hedge funds … Continue reading
“The storm surge of foreclosed properties on bank books shows little indication of ebbing, and institutions continue to be drowned by it. Among the entities with the 25 highest percentages of repossessed assets (or “other real estate owned,” in industry … Continue reading
As everyone now knows, Josh Powell incinerated himself and his two sons in response to an impending Court-ordered pychosexual evaluation and polygraph examination. Elizabeth Griffin-Hall, the social worker overseeing his supervised visits, brought Charlie (7) and Braden (5) to their … Continue reading
After conducting stress and sustainability tests on hundreds of U.S. banks, Invictus Consulting Group found 758 American banks are at risk of failing. The research and analysis firm said without corrective action or plans to merge and raise capital, it’s … Continue reading
The temperature has risen into the forties, so the snowfall has changed to rain, which is expected to continue all week. The side streets are covered with three inches of hardpacked ice, slush on top, with water trapped and pooling. … Continue reading
For anyone interested, these two links [1] [2] from The Atlantic have some pretty good pix from the Costa Concordia wreck. Additionally, here is a blog post about the possible methods that might allow the salvage of the Costa Concordia. … Continue reading
An articulating bus run askew on Olive Way. The funny thing is the tracks left by everyone who has to drive practically right up next to the bus before they figure out they have to turn around and find a … Continue reading
Seattle has recorded (at Sea-Tac airport since 1948) single-day snow totals of 7 inches or more on around eleven different occasions since 1948. And 21.5 inches was measured on February 1, 1916! There were reports of snow drifts to 5 … Continue reading