Bankrupt Banking

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Is starvation and population reduction next in the globalists playbook?

Principia Scientific 22 Jul 2021

Töpfer’s trade is situated within the old Venice-Swiss-Amsterdam-Paris routes, and it has extensive business partnerships with the British Crown jewel, the Rothschild Bank ... Following the 1929 stock market crash, and ensuing Great Depression, Cargill nearly went bankrupt, but, this time was again rescued by the Rockefellers Chase Manhattan Bank.

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Companies formerly owned by Sean Quinn in legal bid to keep him off their properties

Irish Independent 20 Jul 2021

Mr Quinn lost control of his cement, insurance and property empire after disastrously speculating on the shares of Anglo Irish Bank ... However, he was left with heavy losses when the bank’s share price plummeted and was declared bankrupt in 2012.

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Another China Development Bank Executive Ensnared in Graft Probe

Caixin Online 20 Jul 2021

There’s no end yet to the scandals involving former executives at China’s top policy lender, as authorities have launched yet another probe linked to China Development Bank (CDB) ... Ye was placed under investigation in 2018 for alleged economic crimes and CEFC was declared bankrupt in March 2020.

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Texas Senate declares war on history

CNN 20 Jul 2021

Instead of honoring this sacred obligation, America has given its colored 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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KEEPIN' LOVE ALIVE: Make that deposit

Scottsbluff StarHerald 19 Jul 2021

Although it may not happen very often, it sure is fun to take a big check to the bank or check your account and see that big deposit that’s been made ... We all have seen, however, and maybe even experienced, the devastating effects of a relationship bank account that is low, and sometimes, has even gone bankrupt.

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China Extends Takeover of Nine Tomorrow Holding Units

Caixin Online 16 Jul 2021

The China Banking and Insurance Regulatory Commission (CBIRC) said its custody of six insurers and trust companies will last until July 16, 2022, to “further promote risk disposal work and defuse financial risks.” ... The bank was later declared bankrupt and part of its assets were restructured into Mengshang Bank ... Ltd., Bank of Weifang Co.

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Sichuan Financial Regulator Comes Under Graft Probe

Caixin Online 15 Jul 2021

Li, 46, was deeply involved in the top banking regulatory body’s campaign to defuse financial risks ... In February this year, the Inner Mongolia-based bank was declared bankrupt by a court, becoming China’s first bank failure in decades. In 2018, Li was a member of a team sent to Chengdu Rural Commercial Bank Co.

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EU seeks to rival China's 'Belt and Road' with its own plan

Straits Times 12 Jul 2021

Through development banks, first-loss guarantees to private companies and by offering Western government know-how, the G-7 - whose leaders met in England last month - also wants to provide more transparency in infrastructure partnerships ... It is now negotiating with Western banks to swap or refinance the debt.

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EU seeks to rival China's 'Belt and Road' with own infrastructure plan

Straits Times 12 Jul 2021

Through development banks, first-loss guarantees to private companies and by offering Western government know-how, the G-7, whose leaders met in England in June, also want to provide more transparency in infrastructure partnerships ... It is now negotiating with Western banks to swap or refinance the debt, Reuters reported this month.

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After G7 pledge, EU seeks to rival China's 'Belt and Road' with own infrastructure plan

The Times of India 12 Jul 2021

Through development banks, first-loss guarantees to private companies and by offering western government know-how, the G7, whose leaders met in England in June, also want to provide more transparency in infrastructure partnerships ... It is now negotiating with Western banks to swap or refinance the debt, Reuters reported this month.

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After G7 pledge, EU seeks to rival China’s ‘Belt and Road’ with own infrastructure plan

Metro USA 12 Jul 2021

Through development banks, first-loss guarantees to private companies and by offering Western government know-how, the G7, whose leaders met in England in June, also want to provide more transparency in infrastructure partnerships ... It is now negotiating with Western banks to swap or refinance the debt, Reuters reported this month.

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Brazilian plastic surgeon drops suit against lawyer Laurence Wee

Straits Times 11 Jul 2021

Mr Wee, son of the late former chief justice Wee Chong Jin, is a director of law firm Quahe Woo & Palmer, and has more than 31 years of experience in conveyancing, banking and corporate finance ... As Mr Sia, a Singapore citizen, had been declared bankrupt in 2016, payment was sought from Mr Wee.

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What caused the Great Recession? Understanding the key factors that led to one of the ...

Business Insider 08 Jul 2021

Kicked off by widespread defaults on home mortgages, the Great Recession spread to engulf the banking industry, the stock market, and eventually the entire US economy ... Banks and hedge funds started buying and selling swaps on CDOs in unregulated transactions ... Lehman Brothers employees on the day the investment bank went bankrupt.

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It’s a tug of war between reflation and deflation – who will win?

Moneyweek 08 Jul 2021

Central banks are fearful of raising interest rates ... The “good disinflation” created by globalisation and the like then turned into “bad deflation” when the side effects of the accompanying asset bubbles bursting bankrupted the global financial system in 2008.

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Lenders discuss option to invite fresh bids for RCom's assets with resolution professional

The Times of India 07 Jul 2021

' (RCom) lenders, led by the State Bank of India, have held discussions with resolution professional Deloitte on whether rebidding for the bankrupt telco’s assets is an option, people familiar with the matter said ... been delayed beyond measure,” said a bank official in the know.