Dollar Collapse – Peter Schiff – Freddie And Fannie Socialist Bailout = Hyperinflation
ArchaicRevivalx2012 asked:
Peter Schiff explains Federal Government bailout takeover of Freddie Mac and Fannie Mae. Americans are now cosigning every mortgage in a so called Capitalist country. Capitalism for the middle class and poor Americans. Socialism for the super rich. George Orwell 1984. US authorities engineered an $85 billion rescue of insurance giant American International Group Inc (AIG.N), staving off bankruptcy and bringing a measure of calm to shell-shocked global markets. The bailout, made amid a cataclysmic week for the financial sector, marks a reversal of Washington’s vow not to step in and calls for the US Federal Reserve to lend up to $85 billion to AIG for two years in exchange for a 79.9 percent equity stake. It came just two days after US authorities refused to rescue investment bank Lehman Brothers Holdings Inc (LEH.N) (LEH.P), forcing it into bankruptcy court despite pleas from Wall Street’s chiefs. AIG’s lifeline bought time for investors to digest an unprecedented run of events that has altered the shape of Wall Street, but did little ease a funding squeeze caused by the turmoil.
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Categories: News Tags: bankruptcy court, Capitalist Country Capitalism, Lehman Brothers Holdings Inc
Bankruptcy Court Hearings
NYBankruptcyLawyer asked:
Bankruptcy clients need to be honest and complete in their dealings with the bankruptcy court. Watch this video, produced by the Office of the US Trustee, for more information.
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Categories: General Tags: bankruptcy court, court hearings, Us Trustee
Update: HAZMAT at bankruptcy court
wxyztvdetroit asked:
HAZMAT and the Bomb Squad on the scene of a situation at bankruptcy court.
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Categories: News Tags: bankruptcy court, Bomb Squad, Hazmat
Clients pack broker’s bankruptcy court
WOODTV8 asked:
The investors and alleged victims of stockbroker Martin Wegener were in bankruptcy court Wednesday to learn what happened to their lost savings — but there were no quick or easy answers.
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Categories: News Tags: bankruptcy court, Stockbroker, Wegener
HAZMAT at bankruptcy court
wxyztvdetroit asked:
HAZMAT and the bomb squad investigate situation at bankruptcy court.
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Categories: News Tags: bankruptcy court, Bomb Squad, Hazmat
Court denies SOS bankruptcy
kxan asked:
Court denies SOS bankruptcy
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Categories: News Tags: bankruptcy court, Sos
Who owns the intellectual property when a software company goes bankrupt?
There were a lot of software companies that had failed. I am just curious: legally who owns the intellectual property when a software company goes bankrupt? I understand the fixed assets can be sold off to repay the debtors, but what about the intangible intellectual property that may not get sold?
Also consider the scenario where the company just closes its door, and has not necessarily gone into the bankruptcy court.
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Categories: information on bankruptcy Tags: bankruptcy court, debtors, fixed assets, intellectual property, software companies, software company
Would you buy a car from one of the Big Three if they were going through Chapter 11?
(Chapter 11 bankruptcy allows a corporation to continue running while they are "reorganized" through the bankruptcy court)
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Categories: personal bankruptcy Tags: bankruptcy court, chapter 11 bankruptcy
If you file Chapter 13 Bankruptcy Can they take your income tax refund?
I have filed chapter 13 bankruptcy and I have not filed my income taxes yet. I have been told that the bankruptcy court can take your refund if you have one due to you. Is that true?
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Categories: information on bankruptcy Tags: bankruptcy court, chapter 13 bankruptcy, income taxes