Archive | October, 2010

The Shore Bank Heist – How Obama’s Hope and Change is all about Money

Posted on 19 October 2010

A small bank in Chicago called SHORE BANK almost went bankrupt during the recession. The bank  made a profit on its foreign micro-loans (see below) but had lost money in  sub-prime mortgages in the US . It was facing likely closure by federal  regulators. However, because the bank’s executives were well connected with members of […]

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