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Three Former Credit Suisse Bankers Arrested for Involvement in Mozambique Debt DealsThree former Credit Suisse Group bankers were arrested Thursday in London in connection with a $2 billion fraud scheme, according to a statement by the U.S. Department of Justice. Well done 👍🏻 Daily business for this institution of banksters $xiv This is so typical.
Source: WSJ - 🏆 98. / 63 Read more »
US.. Seeks To Extradite 3 Ex-Credit Suisse Bankers For Fraud in MozambiqueThe three were at the center of a scheme that loaned $2 billion to Mozambique for sham tuna fishing and naval projects. What about the ones at Well Fargo? No punishment just delayed promotions and higher fees to customers to repay their fines.
Source: NPR - 🏆 96. / 63 Read more »
U.S. Seeks To Extradite 3 Ex-Credit Suisse Bankers Accused Of Fraud in MozambiqueThree ex-Credit Suisse Group AG bankers were reportedly arrested in London and face possible extradition to the U.S. on charges related to bribing officials in Mozambique. Banking? Fraud Folks being bilked? Ross, Chao & Ackermann must be giving fraud lessons in their spare time. Someone call SenWarren so she can get a leg up on this. I will not hold my breath on them being held accountable to a punishment that fits the crime which is why it just happens over and over and over again. Good start
Source: NPR - 🏆 96. / 63 Read more »
Credit Suisse tells clients to sell into a 5% stocks rally it sees comingReduced profit expectations, Federal Reserve actions and elevated corporate debt are factors conspiring to limit market upside, the bank said. yea it noew you fine troubel line word complexeted so any you now and vclear i give you need mooney Sorry, it ain’t coming...
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse settles New York state RMBS lawsuitCredit Suisse has settled a 2012 New York state lawsuit alleging misconduct over...
Source: Reuters - 🏆 2. / 97 Read more »
Demand for new smartphones is in free-fall and this chart shows that the bottom is not yet in sightCredit Suisse said smartphone production levels will fall to their lowest level since 2013 in the first three months of 2019. Common sense tells you that if current contracts are 36 months to spread the cost of £1,000+ devices, renewals will be down. 50 inch TVs are only £349 now. 🤔 No wonder after apple announced to reduce its iPhone production $APPL Consumption fatigue
Source: BusinessInsider - 🏆 729. / 51 Read more »
Donald Trump takes credit for low gas prices, highlights how 'This is bad news for Russia'President Donald Trump used information from a 'Fox and Friends' broadcast to rebuff claims he has been working in Moscow's interests. Trump is trying too hard. What is causing the low gas prices? Often its a sign that an economic slow down is coming but i honestly dont know. Individual1 is right. This is bad news for Russia. But he is celebrating more because he feels it's good news for him.
Source: Newsweek - 🏆 468. / 52 Read more »
President seeks credit for spending time in the White HouseTrump is reportedly 'baffled' that he's not getting credit for staying in the White House during the shutdown. Perhaps I can help explain this to him. MaddowBlog He should not be paid at all MaddowBlog Sure, why not -- that's precisely what the President did; 'spent time' and continues to spend time, 'in the White House.' What's the point. I do know Nancy Pelosi was in Hawaii. BTW, President paid an unexpected visit in Iraq too! Don't forget that Ms. maddow MaddowBlog No
Source: MSNBC - 🏆 469. / 51 Read more »
A new nightmare for furloughed workers — preventing damage to their credit scoresThe stakes are high for some federal employees during the government shutdown, especially those grappling with loans. Trump does not care. Just get another job. Don't return to the old one because he will shut the government down for everything. Time to send him packing ... He's done so much harm to 'his' American ppl....IMPEACH
Source: MarketWatch - 🏆 3. / 97 Read more »
Good news for borrowers: There are new ways to improve your credit scoreRiskier borrowers could see their credit scores rise as a result of two programs rolling out in 2019. Yet credit card APRs are at record highs and new customers need to be careful.
Source: CNBC - 🏆 12. / 72 Read more »