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Bank REFUSING To Give Customers Their Own Money, Unless They Tell The Bank Why They Want It

Some HSBC customers have been prevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it, the BBC has learnt. Listeners have told Radio 4's Money Box they were stopped from withdrawing amounts ranging from £5,000 to £10,000. HSBC admitted it has not informed customers of the change in policy, which was implemented in November. The bank says it has now chan ...

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FDIC closes second bank of 2014 in Oklahoma

The Bank of Union, located in El Reno, OK, was closed down by the FDIC on Friday, Jan. 24.  This bank failure is the second for 2014 and comes following a year where 24 banks were closed by the Federal agency. 1/24/2014 *** OK *** El Reno *** The Bank of Union *** $70 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $70 million. If you were banking at The Bank of Union in ...

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One of world’s largest online electronic’s stores now accepts Bitcoin

Beginning on Jan. 23, one of the world's largest online retailer of electronics will now accept Bitcoins as money to purchase products on their website. Tiger Direct.com, which sells more than 200000 products that include, pc's, laptops, televisions, and components, will now accept Bitcoin as cash and help increase the digital money presence in stores worldwide. TigerDirect.com Now Accepts Bitcoin Payments! ...

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For The First Time In History, FEDERAL RESERVE Approves the PURCHASE of U.S. BANKS By CHINA

WASHINGTON ‚Äď The Federal Reserve has for the first time given approval for a large Chinese bank to purchase a¬†U.S.¬†bank. It also gave approval to two other large Chinese banks to expand their operations in the¬†United States. The Fed board announced Wednesday it was approving the application of the Industrial and Commerce¬†Bank of China¬†Limited, China's largest bank, and two other Chinese firms to purchase Th ...

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Fed can only provide 5 tons of gold to Germany after one year

Just one year ago, the central bank of Germany ordered the Federal Reserve and banks in France to repatriate their gold reserves of around 670 tons in a measure meant to restore confidence to their banking system.  However, it appears that the curtain of fraud has been uncovered with the U.S. central bank, as in 12 months time, the Fed has only been able to deliver 5 tons of what is rightly German property. ...

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Iran in talks with Russia to bypass petro-dollar in oil for goods deal

The stability of the petro-dollar took another new hit this week as a new deal being discussed between Iran and Russia to trade oil for goods is currently in the works between the two nations.  This agreement would entail 500000 barrels of oil per day to be shipped to Russia in exchange for Russian equipment and goods that might also include military armaments. Reports are emerging that Iran and Russia are ...

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FDIC closes first bank of 2014 in Chicago

DuPage National Bank, located in West Chicago, IL, was closed down by the FDIC on Friday, Jan. 17.  This bank failure is the first for 2014 and comes following a year where 24 banks were closed by the Federal agency. 1/17/2014 *** IL *** West Chicago *** DuPage National Bank *** $1.6 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $1.6 million. If you were banking at the ...

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Jim Willie: China trading Treasury Bonds for U.S. commercial property

Dr. Jim Willie is a statistician from Carnegie Mellon University and one of the leading forecasters of economic trends.  Over the past ten years, Dr. Willie has correctly called 20 different events that include the fall of Lehman Brothers and Fannie Mae three years before the event took place, the bursting of the housing bubble of 2007, and the advent of QE forever by the Federal Reserve. So with his creden ...

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*Updated* Beginning in April, Wells Fargo to charge $5 to customers for certain deposits

*Update* - Several sources are contacting Wells Fargo regarding this newly proposed policy, and are getting different responses.  One Representative has stated it is only for International transactions and deposits, while another Representative stated they had not heard of this expected change at all. On Jan. 13, customers of Wells Fargo bank received an incredible shock as many received letters from the in ...

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Overstock has great first day sales from Bitcoin inauguration

Last week, the online retailer Overstock.com issued a press release that they would begin accepting Bitcoin as money for online transactions.  And on their first day of the new policy, Overstock sold $130000 USD worth of merchandise spent in Bitcoin currency.  In fact, of the 840 unique sales transacted in Bitcoin, nearly all were brand new customers to the site. #Bitcoin's first full day on @overstock.com ...

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Why Is The Federal Reserve Hiring Tons of New Armed Mercenaries?

Mirroring trend seen across federal government Paul Joseph Watson Infowars.com January 6, 2014 Mirroring a trend seen across the federal government, the Federal Reserve is hiring a raft of new police officers and security guards, developments that some see as preparation for civil unrest. Despite only being as ‚Äúfederal‚ÄĚ as Federal Express, the Federal Reserve central banking system has its own law enforceme ...

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New York realtors using Bitcoin to fuel the real estate bubble

Never let it be said that businesses and investors will ever be short of opportunities to spend their money, especially in this era of Fed induced cheap currency.  Like foreign and domestic casinos that allow gamblers to bet on such esoteric things like what time the newest heir to the throne of England would be born, to Wall Street firms opening a bond fund to speculate on the success of ex-convicts, peopl ...

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