Bankrupt Banking

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HD Kumaraswamy starts Grama Vaastavya, rains bonanza on Yadgir

Deccan Chronicle 21 Jun 2019

Responding to the plea for revival of the Kalaburagi- Yadgir District Central Cooperative Bank, which has gone bankrupt, he said the government will immediately release Rs 100 crore to the bank to enable farmers get loans. "The banks are facing financial problems due to the wrongs committed by directors and officials....

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Monarch butterflies need Chicago’s help

Chicago Sun-Times 21 Jun 2019

NY Life, Tiffany and Co., Aetna, Brooks Brothers, Bank of ... said, “Instead of honoring this sacred obligation, America has given the Negro people a bad check — a check that has come back marked ‘insufficient funds.’ But we refuse to believe that the bank of justice is bankrupt....

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Cal State calls $1.5 billion uncovered in audit an ‘operating reserve’

The Los Angeles Times 21 Jun 2019

Education Local Cal State calls $1.5 billion uncovered in audit an ‘operating reserve’. Timothy P. White, chancellor of the California State University system, speaks at USC in May at an education writers conference ... “You cannot use onetime dollars — a piggy bank, if you will — to pay ongoing costs,” he said. “When you do, you go bankrupt.” ... .......

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Bitcoin and gold’s price will rise following the impending global financial crisis, says Max Keiser

AMB Crypto 20 Jun 2019

Max Keiser said that Deutsche Bank would be the most likely of the major banks to go bankrupt and will require a bailout, just like the major banks did, back in 2008-09. Keiser also added that the accounting fraud at�Deutsche Bank was just the tip of the iceberg and that the bank was sitting on a worthless pile of worthless derivatives....

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Sedam BJP MLA plans padayatra to Counter HD Kumaraswamy

Deccan Chronicle 20 Jun 2019

Secondly even though the monsoon season has begun and sowing has commenced, the banks are not extending loans to farmers on the ground that the government had not reimbursed the loans waived.” Mr Telkur said another problem confronting the farming community is that the Kalaburagi -Yadagir District Central Cooperative Bank has gone bankrupt....

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The US Must Repair Historic and Current Racism

Dissident Voice 20 Jun 2019

Instead of honoring this sacred obligation, America has given the Negro people a bad check, a check which has come back marked “insufficient funds.” But we refuse to believe that the bank of justice is bankrupt....

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BC-OLY--IOC-Boxing

Finger Lakes Times 19 Jun 2019

Boxing body near bankrupt, facing 2020 Olympic exclusion ... Eds. APNewsNow ... Virgets says in a letter to AIBA executive committee members that IOC decisions "were clearly designed to bankrupt" it. He says AIBA has less than $400,000 in the bank, is releasing all but three staff, and cannot afford to challenge the IOC at the Court of Arbitration for Sport....

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Boxing Body Near Bankrupt, Facing 2020 Olympic Exclusion

The National Herald 19 Jun 2019

Virgets says in a letter to AIBA executive committee members that IOC decisions “were clearly designed to bankrupt” it. He says AIBA has less than $400,000 in the bank, is releasing all but three staff, and ......

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International Boxing Association near bankrupt, facing 2020 Olympic exclusion

Denver Post 19 Jun 2019

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Third Private Bank Goes Bankrupt in Afghanistan

MENA FN 18 Jun 2019

(MENAFN - Wadsam) Afghanistan Commercial Bank (ACB) becomes the third private bank to go bankrupt in the past one decade. Originally operating under the name of BRAC Bank, ACB went... ....

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Anil Ambani's RCom owes whopping Rs 15,000 crore to three Chinese banks

International Business Times 18 Jun 2019

Chinese banks have demanded at least Rs 14,774 crore from Anil Ambani's RCom, which has gone bankrupt. Ambani owes China Development Bank, Industrial and Commercial Bank of China and Exim Bank of China about Rs 9,860 crore, Rs 1554 crore and Rs 3360 crore, respectively ... The IRP has directly admitted the claims of the Chinese banks without any review....

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Another commercial banking firm goes bankrupt in Afghanistan

Khaama Press 17 Jun 2019

The Central Bank officials confirmed that another private banking firm, the Afghanistan Commercial Bank has gone bankrupt due to the violations of banking system ... that Afghanistan Commercial Bank has gone bankrupt....

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Regulators Move to Restructure Troubled Baoshang Bank

Caixin Online 17 Jun 2019

Chinese regulators have finished dealing with the troubled Baoshang Bank Co ... The official said the high guarantee ratios came from the fact that the fund management company purchased Baoshang’s assets and liabilities to fully take over the bank — instead of simply bankrupting and liquidating it....