Tag Treasury

Downgrading US by S&P,Revenge? Really?

There are whispers going around that Standard and Poor have  avenged US Administration by down grading US rating to AA+. Spokesperson of the US Treasury has also questioned the Data on which the rating is based. ( A look at US Finance  will…

HBOS and RBS received secret bank rescue loans-BBC.

Atrocious.Whose money is this for politicians to dole out without debate and arrange it secretly?
How much more money has been paid or being to whom?What has the Treasury auditor's doing?
Banks are operated for share holders for profits?Why should public money be paid to them for their mess?They know how to blackmail , stating that 'investor confidence shall melt?'
The Mafia of Banks and politicians is far more dangerous than Drug cartels.
Incidentally which party and politician has received how much?