Bankrupt Banking

Tuesday, 03 October 2023

Latest News for: Bankrupt banking

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“The Great Taking”: How They Can Own It All

Dissident Voice 04 Oct 2023

... claimants don’t even need to go through the bankruptcy court but can simply nab the collateral from the bankrupt estate, leaving nothing for the other secured creditors (including state and local governments) or the banks’ unsecured creditors (including us, the depositors).

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"The Great Taking": How They Plan to Own It All, by Ellen Brown

The Unz Review 03 Oct 2023

photo: Creative Commons

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The One Quadrillion Dollars Derivatives Bubble: “The Great Taking”: How They Plan to Own It All

GlobalResearch 03 Oct 2023

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How Do I Put a Rental Property Into an LLC?

The Capital Journal 03 Oct 2023

By Harry S. Margolis. Editor's Note. Retirement Daily is publishing questions and answers from Harry S. Margolis, elder law expert and author. Question .. We own several rental properties which we wish to protect via an LLC ... Response.. Yes ... This is what happened when Silicon Valley Bank went bankrupt ... To mix metaphors, each boat would rest on its own bottom.

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KEN’S CORNER: America In Freefall

The Liberty Beacon 03 Oct 2023

Globalization is the increase of services, labor, technology, and central banking capital all around the world ... With the use of International Banks, they financed the rebuilding of Japan’s industry base and a viable economy ... Overextended to its own Central Banks, Russia went bankrupt, and government imploded from debt.

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Allen Johnson: The state should address its shortchanging of A&T

News & Record 01 Oct 2023

It has been an open secret — what, forever? — that the five HBCUs in the UNC System traditionally have not been treated equitably when compared to their historically white peers. And you don’t need a computer spreadsheet to figure that out ... So, it hardly comes as a shock that N.C ... The U.S ... “But we refuse to believe that the bank of justice is bankrupt.

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Economist Peter Schiff Warns of Biggest Bond Market Crash and ‘Unprecedented’ Financial Crisis

Bitcoin 29 Sep 2023

Economist Peter Schiff has warned of an impending biggest bond market crash in U.S. history ... economy and the U.S ... history ... Eventually higher bond yields will bankrupt the federal government, and many state and local governments, as well as almost every bank in country, explode federal budget deficits, causing a depression and a financial crisis ... dollar.

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SC relief to homebuyers at twin towers in Noida

Hindustan Times 28 Sep 2023

The IRP failed to deposit the entire amount as Union Bank refused to pay its share of ₹15,51,678 ... In March last year, Union Bank approached the National Company Law Tribunal (NCLT) to declare Supertech bankrupt under the Insolvency and Bankruptcy Code (IBC) over unpaid dues.

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Winklevoss twins secretly withdrew $280M in assets before crypto firm collapsed: sources

New York Post 28 Sep 2023

The Winklevoss twins, best known for their bitter feud with former Harvard classmate Mark Zuckerberg over control of Facebook, have lately been embroiled in another nasty legal battle — this time with billionaire Barry Silbert, whose company Digital Currency Group owns the now-bankrupt crypto bank Genesis.

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‘Fire sale prices’: Biographer predicts Trump ‘may soon be personally bankrupt’ and could see his ...

Raw Story 27 Sep 2023

"Worse, the self-proclaimed multibillionaire may soon be personally bankrupt as a result, stripped of just about everything because for years he engaged in calculated bank fraud and insurance fraud by inflating the value of his properties, a judge ruled Tuesday.".

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'Fire sale': Biographer predicts Trump 'may soon be bankrupt' and could see his assets 'liquidated'

Alternet 27 Sep 2023

“Worse, the self-proclaimed multibillionaire may soon be personally bankrupt as a result, stripped of just about everything because for years he engaged in calculated bank fraud and insurance fraud by inflating the value of his properties, a judge ruled Tuesday.”.

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Trump Is Out of Business

Political Wire 27 Sep 2023

“Worse, the self-proclaimed multibillionaire may soon be personally bankrupt as a result, stripped of just about everything because for years ...

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SC clears hurdle for refund to Supertech twin tower homebuyers in Noida

Hindustan Times 27 Sep 2023

The IRP failed to deposit the entire amount as Union Bank refused to pay its share of ₹15,51,678 ... In March last year, the Union Bank had approached the National Company Law Tribunal (NCLT) to declare Supertech bankrupt under the Insolvency and Bankruptcy Code (IBC) over unpaid dues.

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Opinion: India, Vietnam and Mexico are picking up the pieces of China’s broken economy

Market Watch 26 Sep 2023

Private real estate developers, such as now-bankrupt Evergrande and troubled Country Garden, borrowed from trust companies and banks to build homes and office buildings ... China’s banks have about half of their assets tied up in local government debt and various property-backed loans — credit to real estate developers, trust companies and mortgages.

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'Bankrupt' Birmingham city council could turn its historic HQ into a hotel to pay off debts

The Daily Mail 24 Sep 2023

'Bankrupt' Birmingham City Council could be forced to sell prized assets to balance the books. A Conservative source told the Sunday Express. 'Birmingham council actually has a huge property bank which could raise more than enough money to pay off all its debts. READ MORE. What might bankrupt Birmingham city council be forced to sell to pay its bills?.