Tag: banking crisis

We have heard that phrase a lot lately when it comes to the banks, but what about the media? What would happen if 1/4 of the U.S. media went bankrupt? With a proposed take over of NBC by Comcast that could easily become a reality: By next week, cable giant Comcast is expected to announce […]

That’s exactly what the fed is doing, and was doing before the bailout bill even hit the floor of the House: The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression. The Fed increased its existing currency […]