Hot on the heels of Wells Fargo’s $1.2 billion settlement, Bloomberg reports that Goldman Sachs will pay $5.1 billion to settle a U.S. probe into its handling of mortgage-backed securities involving allegations that loans weren’t properly vetted before being sold to investors as high-quality bonds. (Article by Tyler Durden, republished from http://www.zerohedge.com/news/2016-04-11/goldman-slammed-51-billion-fine-serious-misconduct-mortgage-selling) “This resolution holds Goldman […]

This isn’t some dire warning from “another one of those blogs” where the writer/blogger is publishing clickbait. No, the latest warning of an impending financial apocalypse has come from none other than the Royal Bank of Scotland, only the world’s 20th biggest bank. So you have to take that as some sort of validation that […]

“Sell, sell, sell!” Despite mainstream media reports to the contrary, Mike Adams, the Health Ranger, strongly urges all those who own stocks, bonds and mutual funds to start selling their investments, given the threat of a market crash looming on the horizon. Adams forecasts that the recent market rise will be one of our last […]

According to Goldman Sachs, we are in the third wave of the great crisis; what happened in 2008 continues to haunt Americans now facing financial risk at the next phase of the collapse. Banks and executives who should’ve been indicted for their misdeeds have gotten away under our justice system. Despite pressure from Congress’ Oversight […]

Martin Shkreli, the former hedge fund manager responsible for hiking the price of a drug used to treat infections from $13.50 to $750 per pill, was arrested by federal authorities Thursday morning in his posh “Midtown Manhattan apartment,” and charged with securities fraud, according to a report by The New York Times.(1) Shkreli’s arrest appears […]