Page 19 - Banking Collapse News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A resounding message awaiting president obama in buffalo, new york, today. jobs needed. one buffalo businessman puts it this way. dear mr. president, i need a freakin' job, period. jeff baker posted that billboard and launched a media campaign called the inafj project, before learning the president would actually be visiting this economically troubled city i talked with him just last hour. >> it certainly ends up being catastrophic loss. i owned a small type style business called adirondack blanket works with my youngest brother. unfortunately we got like in other businesses in the country, we...

Unfortunately, we got -- like many other businesses in the country, we got caught in the banking collapse and we were basically forced out of business. so for the first time in my life, i found myself as an unemployed dad and husband and person. so just watching the dialogue meander through a variety of different political issues, we decided to at least make an attempt to redirect -- you know, the attention of the government. >> and, jeff, you make a really good point because it's quite clear that we have 9.9% unmroment in this country. when you lo when you look at the share of americans who a...

Today unexpected apologies for the economic melt down. right now, if you are assessing the ruins of your financial life, if you are in a house that was supposed to be your piece of the american dream and now you have a loan that banks said you could afford but it turns out you can't? or you have been foreclosed or your home has lost so much value, the mortgage payment seems pointless, then you need to pay close attention to this. two men who ran a bank that made billions on risky home loans say, i'm sorry. before you hear what they said at the congressional hearing today, keep in mind that the...

Latest updates on this topic from reliable sources.

Person with all the leverage in europe right now is the greek prime minister, who is being told what to do by angela merkel, when the fact of the matter is greece has the leverage in this, as does italy and portugal, because they're the ones that can say, we won't give you any money, and that will force a total banking collapse, and it's obvious that papandreou was able to get 50% off with that kind of a threat. >> they had a $3300 billion eur debt and knocked off a billion of it. that's a remarkly good return on the money. >> that's the thing, as long as you have a financial system that is de...