Daily Archives: 10 February 2009

Banksters ‘used corporate credit cards to pay for prostitutes’

“Kristin Davis who ran one of the city’s biggest escort agencies claims that prominent bankers and businessmen paid for her prostitutes with corporate credit cards. . . [She] alleges that prosecutors in the Manhattan District Attorney’s office decided not to pursue any of them even though she provided evidence.

Davis, who admitted charges last year of running a prostitution business employing more than 100 women, told ABC News that the men included a senior executive of a top media company, a banker who spent $41,600 and the chief executive of one of America’s largest private equity firms.” (Read more from telegraph.co.uk)

Bail them out?

YES WE CAN!!!

Deflation Hoax

by Puru Saxena
Editor, Money Matters
November 14, 2008

“Central banks and governments are printing TRILLIONS of paper currencies around the world, the US has now become a socialist society and all this money-creation should result in a huge inflationary tsunami in the future. In my opinion, those who are forecasting deflation, don’t understand our monetary system. What we have seen in the recent past is not deflation but a contraction in asset prices due to liquidation.” (Read more from financialsense.com)