Thank you china for exterminating your own people

Wahooo China has once again shocked the world.  This time they are very proud of it.  They are literally the most polluted country in the entire world according to the U.N.  Guess it is a good thing their embasitor is thrilled about giving his people health problems and cancer.  How cute they brainwash children into [...]

Citi splits consumer banking, card units

Citigroup Inc. plans to split its consumer banking unit from its credit-card business as part of a broader reorganization to cut costs and simplify the large financial institution’s structure, the company said Monday.
Citi said named Teresa Dial, 58, global head of consumer strategy and chief executive of consumer banking in North America. That business will [...]

It’s time for a credit card revolution

After paying at least $600 million a year in excessive card fees, consumers in the U.K. are getting money back. We Americans should demand the same.

A couple of years ago, consumers in the United Kingdom got a break when the country’s Office of Fair Trading told credit card issuers that their late and over-limit fees [...]

Paulson Says He’ll `Do What It Takes’ to Calm Markets

Treasury Secretary Henry Paulson, defending the bailout of Bear Stearns Cos., said policy makers will do whatever is needed to prevent disruptions in financial markets from hurting the economy.
“The government is prepared to do what it takes to maintain the stability of our financial system,” Paulson told the “Fox News Sunday” television [...]

JPMorgan to buy Bear Stearns for $2 a share - Bankruptcy Stopped

JPMorgan Chase said Sunday it will acquire rival Bear Stearns in a deal valued at $236.2 million — or $2 a share — a stunning collapse for one of the world’s largest and most venerable investment banks.
The last-minute buyout was aimed at averting a Bear Stearns bankruptcy and a spreading crisis of [...]

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