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Endgame Begins: Evergrande Hires Bankruptcy Advisors As Furious Investors Protest Imminent Default

Endgame Begins: Evergrande Hires Bankruptcy Advisors As Furious Investors Protest Imminent Default

BY Tyler Durden | ZeroHedge It took Evergrande less than a day to go from denying “rumors” of bankruptcy (as per a statement posted on its website earlier today), to confirming that a bankruptcy is imminent. In a filing on the Hong Kong stock exchange on Tuesday, Evergrande which was busy trying to convince angry Chinese mobs that […]

Golden State Payday: Californians Get Second Taxpayer Stimulus Starting Friday

Golden State Payday: Californians Get Second Taxpayer Stimulus Starting Friday

By Cole Lauterbach | The Center Square Close up of a California Golden State stimulus check with envelope for $600, given out to qualifying taxpayers as part of the California COVID-19 relief program. Shutterstock (The Center Square) – Many Californians are waking up to more money in their bank accounts today.  Friday marks the second installment […]

Critics: Federal Aid Masks California Cities’ Fiscal Problems

Critics: Federal Aid Masks California Cities’ Fiscal Problems

Bethany Blankley | The Center Square (The Center Square) – California cities are faring better than anticipated, a new report by the California Auditor’s Office says, thanks to receiving $8.2 billion from the American Rescue Plan Act of 2021. But other reports show California is in dire straits and the federal aid only masks serious […]

California Auditor Finds Ongoing Mismanagement Of COVID-19 Relief

California Auditor Finds Ongoing Mismanagement Of COVID-19 Relief

By Cole Lauterbach | The Center Square (The Center Square) – California has received tens of billions of dollars in federal COVID-19 relief, something its auditor says was mismanaged by state agencies and created “substantial risk” to residents. State Auditor Elaine Howle has released her annual State High-Risk Audit Program report, which maintains a list of potential liabilities […]

The Public Bank Option – Safer, Local and Half the Cost

The Public Bank Option – Safer, Local and Half the Cost

. By Ellen Brown  http://EllenBrown.com  Phil Murphy, a former banker with a double-digit lead in New Jersey’s race for governor, has made a state-owned bank a centerpiece of his platform. If he wins on November 7, the nation’s second state-owned bank in a century could follow.   A UK study published on October 27, 2017 reported that […]

Here’s an example of a bank you want to avoid

Here’s an example of a bank you want to avoid

By Simon Black, March 6, 2017 , Santiago, Chile A few weeks ago, one of our Europe-based Total Access members reached out to ask us about a bank account he was considering for his new business. This is important stuff. As I’ve written before, most people spend more time thinking about what they’re going to have […]