Archive for the ‘Financial News’ Category

Scary Times Or Perfect Storm?

Posted on October 6th, 2008 by by Reginald Sinevet

The DOW is down another 800 points today at the time of this writing.
The following is a message from WMI CEO Kip Herriage. As a former VP a one of the largest investment banks in the country, Kip has been predicting this mess for a long time. Read what he has to say and learn [...]

…More Banks Could Fail

Posted on July 30th, 2008 by by Reginald Sinevet

I feel an urgent need to bring some very important information to your immediate attention. I’m sure you’ve heard about the troubles with FannieMae and FreddieMac, and then the IndyMac Bank failure, but look at these other recent headlines.
Tags: never run out of money, financial planning, protect your assets

Another Bank Bites The Dust - Actually Two

Posted on July 26th, 2008 by by admin

In yesterday’s post, I mentioned of the trend of banks going under and being taken over by either the FDIC or bought by larger banks. The FDIC took over two more banks yesterday. They warn that more banks will become insolvent and the cycle will continue. No one really has any idea when the economy [...]

The String Of Bank Failures, Starting With IndyMac, Could Be Just The Beginning

Posted on July 25th, 2008 by by admin

The Federal Government’s takeover of IndyMac has spotlighted a possible growing trend for other banks that may not be as safe as we thought. This will in turn cause major concerns in American’s mind that the money they have in bank is not safe.

Americans are right to worry about the possible bank failures of a [...]

The Great Retirement Ripoff!

Posted on July 7th, 2008 by by admin

Below is an article from Time magazine about the real financial problems and troubles that are facing so many in this country.

There is a way out of this mess, of course–there is always a way.

The Broken Promise

The little shed behind Joy Whitehouse’s modest home is filled with aluminum cans–soda cans, soup cans and vegetable cans–that [...]