Horatio Whistleblower
Horatio's latest writings
Bennigan's, Steak and Ale Bankruptcy Blowup
Bank failure and the bankruptcy filing of a major restaurant chain may seem to be unrelated at first, but a closer look reveals a simple cause-and-effect relationship. And a much closer relationship than you might think. The investment mindset in the world - especially the United States - has been based on a fanatical belief in continuous, neverending growth. People planning for retirement have been duped... (posted by Horatio 3 years 194 days ago.)
Bank failure and the bankruptcy filing of a major restaurant chain may seem to be unrelated at first, but a closer look reveals a simple cause-and-effect relationship. And a much closer relationship than you might think. The investment mindset in the world - especially the United States - has been based on a fanatical belief in continuous, neverending growth. People planning for retirement have been duped... (posted by Horatio 3 years 194 days ago.)
Bank Failure Claims IndyMac... Is Washington Mutual Next on the FDIC Problem Banks List?
The July 11th FDIC seizure of IndyMac last week came a short ten days after IndyMac denied it was close to collapse. I imagine that there were a lot of hushed tones and worried whispers in banks all across the country this week as tellers and lower-level employees wondered if their bank was on the "secret" FDIC problem banks list. It may not matter which 90 banks... (posted by Horatio 3 years 205 days ago.)
The July 11th FDIC seizure of IndyMac last week came a short ten days after IndyMac denied it was close to collapse. I imagine that there were a lot of hushed tones and worried whispers in banks all across the country this week as tellers and lower-level employees wondered if their bank was on the "secret" FDIC problem banks list. It may not matter which 90 banks... (posted by Horatio 3 years 205 days ago.)
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