crunch

Citigroup, Ally Sued for Racketeering Over Loan Database: Video

Oct. 5 (Bloomberg) — Citigroup Inc. and Ally Financial Inc. units were sued by homeowners in Kentucky for allegedly conspiring with Mortgage Electronic Registration Systems Inc. to falsely foreclose on loans. The lawsuit, filed as a civil racketeering class action, claims that through MERS the banks are foreclosing on homes even when they don’t hold titles to the properties. Bloomberg’s Monica Bertran reports. (Source: Bloomberg)

Duration : 0:1:49

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BofA Asked to Buy Back Loans; Gatorade Taps Social Media: Video

Sept. 14 (Bloomberg) — Bloomberg’s Deirdre Bolton reports on the latest breaking news and top stories in today’s Business Briefs. (Source: Bloomberg)

Duration : 0:0:59

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Loans Comments Off

Nouriel Roubini Discusses Euro-Area Debt Relief Package: Video

May 18 (Bloomberg) — New York University professor Nouriel Roubini talks with Bloomberg’s Margaret Brennan about Europe’s debt crisis and the outlook for the sovereign relief package from the European Union. (This is an excerpt of the full interview. Source: Bloomberg)

Duration : 0:3:9

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Debt Comments Off

Morgan’s Roach Sees Increased Frequency of Debt Crises: Video

May 10 (Bloomberg) — Stephen Roach, chairman of Morgan Stanley Asia Ltd., talks with Bloomberg’s Tom Keene about the outlook for South Korea and the frequency of financial crises.
Roach also discusses the need for Asian economies to focus on internal consumption. Kenneth Fisher, chief executive officer for Fisher Investments Inc., also speaks. (Source: Bloomberg)

Duration : 0:4:12

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Debt Comments Off

Bailed Out Banksters Screwing Hookers, Using Company Credit Cards! 2/9/2009

Do you care about your rights & civil liberties? Feel free to drop by & join us at: http://www.youtube.com/group/theglobalresistance

This is the woman who revealed last week that the executives of Wall Street firms receiving taxpayer bailout funds have been charging $2000 an hour call girls on their company credit cards, which means it is hidden as a business expense, and ultimately comes off their taxes!

That must feel pretty good; screwing a pretty woman AND the taxpayers all at the same time!

http://abcnews.go.com/Video/playerIndex?id=6825504

Duration : 0:7:35

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Suze Orman Oct 08 – What Do We Need Credit Card

Wondered why do we ever need credit card?
To your surprise, you actually need to have a credit card these days.
But you do NOT need credit card debt.
As Suze Orman explains.

Duration : 0:3:3

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New Credit-Card Rules May Mean Lost Revenue for Banks: Video

Feb. 22 (Bloomberg) — Bloomberg’s Monica Bertran reports on new credit-card rules that take effect today and their potential impact on card issuers. (Source: Bloomberg)

Duration : 0:1:47

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Credit Cards Comments Off

Bailout 5: Paying off the debt

How the bank can liquidate assets to pay off debt that comes due.

Duration : 0:10:51

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Suze Student Loans

Suze explains how student loan crisis is looming as the next big thing. She says the real estate implosion and banking crisis including the credit crunch have not yet been dealt with well. She implores Congress to head this one off at the pass as our young people are being saddled with compounding interest at such a rate that very quickly the loans become insurmountable. The show took place on 1/24/09.

Duration : 0:3:45

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The Credit Card Song by Old Man Pie

Ahead of its time this is a cartoon animation that’s been up on the web since 2006 and is all about the credit crunch crisis. Credit card spending and loans from banks are in their trillions of dollars and something has to give. We no longer spend what we have earned, we spend what we havn’t earned on the back of house price rises and yet more loans. The banks are prospering and fat cats are awarding themselves massive bonuses, but it cannot continue. Beware the debt time bomb may bring the walls of the western world clattering to the ground. Song arranged and performed by Old Man Pie, with animation by Stuart (formerly of The Pie). Song written by Kyle Christie and (c) Kyle Christie 2006. Credit crunch credit crunch credit crunch!

Duration : 0:2:35

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