A hub for independent voices and hard truths
FlowBank SA, a Swiss bank, has encountered financial difficulties. On June 13, 2024, the Swiss Financial Market Supervisory Authority (FINMA) initiated bankruptcy proceedings against FlowBank SA due to severe breaches of capital requirements and other supervisory laws. The bank’s minimum capital requirements were significantly and seriously breached, leading to concerns about over-indebtedness. As part of …
Illinois Senate advances largest spending plan in state history to House. In fiscal year 2019, the state spent around $36.4 billion in state taxpayer funds. The proposed plan for fiscal year 2025 that begins July 1 is more than $53 billion. Considering total taxpayer spending, including federal passthrough dollars, in …
by NervousTea1594 Most of the simpletons on this app think if the price doesn’t go up the company must be going bankrupt. Companies transitioning to non growth stocks does not compute with them.
The economic landscape has been severely impacted by a multitude of financial issues, starting with the credit crisis and credit crunch, which have led to significant credit tightening measures. The federal reserve has been actively monitoring the situation, as highlighted in The Atlantis Report, which sheds light on the stringent …
Bankruptcies are hitting average American families, and U.S. businesses really hard in 2024, according to data from the U.S. Courts. Higher consumer prices are making Americans take on massive loads of debt just to get by, while businesses are being impacted by decreased sales and falling profits at a time …
California’s fast-food industry is undergoing a major shift with the implementation of a new minimum wage law, set to increase hourly wages for fast-food employees to 20 dollars. This significant hike, amounting to a 25% raise from the previous rate of 16 dollars, has sparked debates and concerns among restaurant …
via Stephen Anderson: Bankruptcy is a developing twenty-first century theme in America. We see bankruptcy in federal government policy and spending, many corporate boardroom decisions, nonprofit and religious groups’ overspending and arrogance, individuals, some United States cities and counties, and the territory of Puerto Rico. The federal bankruptcy law consisting …
The U.S. military is “weak” overall, according to Heritage Foundation’s 2024 Index of U.S. Military Strength revealed Wednesday. All branches of the armed services, as well as U.S. nuclear and missile defense assets, are too old, too weak and too unready to deal with multiple major conflicts at once, Dakota …
“STOP GOING UNTIL WE FIGURE IT OUT” Canada is finally figuring it out that we have sham universities. I noticed this in 2010! International students poured in, and they struggled to speak and write in English. They let anyone in, and the education was sloppy and pointless. I was waiting patiently to …
Oh, what a stellar strategy! NYC bankrupt and thousands of homeless migrants – truly the pinnacle of governance! Migrants evicted from NYC hotels: Nearly 5,000 eviction notices issued by Mayor Adams administration “NEW YORK — Migrant families were moved out of a midtown Manhattan hotel on Tuesday as part of …
They Left is never going to "vote more intelligently on immigration." They will literally bankrupt the cities and the country and they'll call you a racist and still win all the elections. https://t.co/ZSWIsXrgd3 — Citizen Free Press (@CitizenFreePres) January 1, 2024 CALIFORNIA TO OFFER 700,000 ILLEGAL IMMIGRANTS FREE HEALTHCARE AS …
Tesla Inc. Chief Executive Officer Elon Musk blasted the United Auto Workers Tuesday, saying the union’s demands would “drive GM, Ford and Chrysler bankrupt in the fast lane.” President Joe Biden endorsed the UAW’s demand for a major wage increase during a visit to a picket line at a General …
In the months since James O’Keefe’s dramatic departure from Project Veritas earlier this year, the conservative group has spiraled out of control as it weathers mass layoffs and board member resignations under the leadership of Hannah Giles, who took the helm in June. Mediaite obtained audio from an August 22 meeting between Giles, Project Veritas …
Labour run Stoke-On-Trent Council also set to declare BANKRUPTCY as well. Led by Labour Mayor Majid Khan and Council Leader Jane Ashworth they have a budget deficit of around £8.5 MILLION. Systemic collapse now taking place. 🚨BREAKING NEWS🚨 Labour run Stoke-On-Trent Council also set to declare BANKRUPTCY as well. Led …
via naturalnews: Despite the utter lunacy of such a concept, the state of California is moving forward with plans to implement a pro-black, anti-white reparations program to allow black residents of the Golden State to get lots and lots of free money from white taxpayers. There is a statewide proposal called Assembly …
by confoundedinterest17 Biden’s massive spending spree (aka, Build Back Better) has a new name: Build Back Bankrupt! According to Epiq, Commercial Chapter 11 Filings Increased 68 Percent in the First Half of 2023. NEW YORK – July 03, 2023 — The 2,973 total commercial Chapter 11 bankruptcies filed during the first six …
Solar industry in California has experienced bankruptcies, leaving homeowners with unfinished systems. via CBSNEWS: The solar industry in California has experienced several high-profile bankruptcies including one of its largest producers, Petersen Dean. Now, another local solar company has shuttered, leaving homeowners with unfinished systems on roofs that aren’t producing any …
via dailymail.co.uk: A proposed amendment to a bill in California would classify parents who refuse to affirm their child’s gender as abusive and could result in revoked custody. AB957, proposed by Democratic Assemblymember Lori Wilson and state Senator Scott Wiener, amends the state Family Code which addresses the ‘health, safety, …