Lehman widely inflated the value of their company in the days before and after they issued the quarterly reports , Lehman Brothers hid borrowing from public , Lehman report could open the door to criminal charges , this is the biggest accounting fraud perpetuated by Bank CEOs against The American Tax payers
Sunday, March 14, 2010
A vast network of covert CIA facilities appears to be everywhere in the Middle East, North Africa and Eastern Europe. CIA secret prisons were reported to be operating in Poland and Lithuania, and the controversy over this news has divided Europe and triggered a political crisis in several countries. Are the allegations true?
Labels:economy Collapse Meltdown CIA Secret prisons
As Lithuania has marked its 20th anniversary of independence, the celebrations were marred by the country's grim economic situation. The first country to leave the USSR is having to cope with the deepest recession in decades.
Labels:economy Collapse Meltdown Lithuania
Economic forecasts tell of an approaching Economic Collapse or Crisis. States will not be able to balance their budgets in 2011 without severe cuts or massive taxes increases due their constitutional requirement mandating a balanced budget. Increased taxation worsens the Economy (see Laffer Curve) and by 2012 the States are in worse shape. Austerity Cut violence spreads throughout Europe and destabilize the European Union. China flexes its military muscle as the U.S. weakens because of its indebtedness.
Labels:economy Collapse Meltdown Economic Collapse
Vatican In Damage Control Mode Over Accusations Pope Mishandled Pedophile Priest March 13, 2010 News Corp
Labels:economy Collapse Meltdown Vatican