What is Basel III and Will it Help Avert Another Banking Crisis?

The Third Basel Accord (i.e. Basel III) is a voluntary global regulatory standard on banks requiring adequate capital and providing stress testing and market liquidity guidelines. Members of the Basel Committee on Banking Supervision agreed on the … [Read more...]

If Cyprus Is the Bellwether, Canada Is the Red Flag

Why is Canada making Cyprus-style preparations? By Jeff Thomas, International Man An intriguing article titled "Canada Includes Depositor Haircut Bail-In Provision for Systemically Important Banks in 2013 Budget" was recently published in SD … [Read more...]

What We Can Learn from the Crisis In Cyprus

Often we take the ability to access our funds in the bank for granted. But it wasn't always this way. Throughout history there have been runs on the bank. People fear that they won't be able to get their money out and all rush to the bank at once to … [Read more...]

How Successful is the HARP Government Mortgage Refinance Program?

H.A.R.P. Government Mortgage Refinance Program It's been nearly four years since the original version of the Home Affordable Refinance Program (HARP) was announced by the White House and the Federal Housing Finance Agency (FHFA). HARP is part of an … [Read more...]

Will Online Banking Render Tellers Obsolete?

Throughout the history of banks, tellers represented the connection between individuals and their money in a financial institution. They handled deposits, transfers, withdrawals, loans, credit increases and account openings and closures. The … [Read more...]

The Fed’s sole purpose: keeping the banks afloat

Is the Federal Reserve really doing such a bad job… or does it actually do exactly what it's supposed to do, but the average American is in the dark about what that is? In this explosive video, Casey Summit speaker G. Edward Griffin, author of The … [Read more...]

Protect Yourself from the Effects of FATCA

How will the U.S. Foreign Account Tax Compliance Act (FATCA) impact you? In an attempt to wring every last tax dollar out of Americans the Obama administration enacted FATCA into law on March 18th, 2010. With its 30% withholding Tax, it sent shock … [Read more...]

Where to invest in 2012

2012 has been a tough year for people around the world. With the European debt crisis and high unemployment rates in the U.S., it is hard to decide where to invest to keep your money safe and to earn some interest without getting yourself into … [Read more...]

US Financial System: Is It Finally Stable?

US Financial System- Bernanke comments raise questions about banks Four years after we brushed up against "financial Armageddon," did you think you'd be reading this? Federal Reserve Chairman Ben Bernanke said...banks need to have more capital at … [Read more...]

What Is Backing Your Deposits in the Bank?

Is the bank really the safest place to keep your money? Robert Prechter joins the Mind of Money host Douglass Lodmell to discuss what backs bank deposits and how you can keep your hard-earned money safe. We invite you to watch the interview below. … [Read more...]