The institutions and regulators of the global financial system today made an unprecedented joint announcement that will change the underlying basis of the global economy. These institutions and regulators, which include the International Monetary...
Federal Reserve Bank Chairman Ben Bernanke has announced a new round of quantitative easing to be termed Unquantitative Easing. Treasury Department Spokesmen said that the amount to be added to the money supply will be 'too much to count'. They ad...
In the face of global panic, stock market analysts today warned of further problems to come. "This is no doubt a serious situation," warned fiscal analyst Hernst Sprank, of Deutsch Bank Der Bolloks "for sure, there has been a 62.3% rise in the mea...
Washington DC -- Pres. Obama and House Speaker John Boehner (R-Ohio) have reached an agreement in their debt ceiling negotiations. The two leaders signed off on a joint statement today. It declared: "We're not good at math. So we've hired H&R...
Federal Reserve Bank, Printing Press Division: A trillion dollar here and trillion dollar there. The US is "running out of time" to reach a deal on raising the country's debt ceiling to avert a possible early August default. It took the United S...
Finalists from Britain's Got Talent, Stavros Flattley and Son, are being sent in to Greece to help solve the country's economic crisis. British Home Secretary Theresa Mayormaynot, has confirmed that the huge-personalitied gentleman and his son hav...
The EU came one step closer to the financial abyss today with highly sensitive reports that the Nation of Greece , unable to placate tax dodging civilians, unsustainable pensions and perks for government workers was going to take the easy way out an...
NEW YORK - Those who know the name "George Soros" probably remember the phrase "I'm having a very good crisis" as US financial markets hung from a thread at the edge of an abyss. Once again, Soros relishes the misfortune of one of the largest interna...
The decade of the "Con" is upon us. Ignore the Spanish translation meaning "with". We're not talking about Chili Con Carne' here, but rather something infinitely more evil and just as caustic to the bowels. The simple art of the financial Con. Nobo...
Downing Street, LONDON: At Gordon Brown's monthly Downing Street news conference, Mr Brown issued a warning over football finances by saying some club debts are "too high" and urged owners and managers to consider the supporters. "It is a matter...
The Dubai stock market plummeted yet again to a record low yesterday amidst fears it's majority investor and financial advisor, Hollywood actor Nicholas Cage has unwittingly outspent both China and America combined. Dubai, once considered the econ...
In a spectacularly brave move, British Chancellor and All round purveyor of Cock Cheese Alistair Darling has announced that he intends to head the Tories off at the pass and revolutionise Financial Regulation before the next election. In plans ann...
Barclays stunned the city and defied economic gloom today with increased profits of up to £3bn. Industry insiders are pinning the success on a revolutionary "payback" strategy. The strategy is based on pioneering business theory that bank profitab...
Swine Flu is being welcomed as the perfect remedy for the global financial crisis. Sir Keith Williams, of financial services company Takezone PLC, explains how a flu pandemic could address the underlying factors that triggered the credit crunch an...
Standing amidst a field of tulips and lilies, Peter Cottontail made an unprecedented public appearance today to announce yet another disheartening round of bad news for the ailing economy. Rising prices for sugar and spice and all things nice have se...
Vince Cable has laid the blame for the global financial crisis on journalists. Speaking at a London School of Economics (LSE) debate entitled Why Did Journalists Hide the Economic Tits Up?, Dr Cable said: "There were warning signs and financial jo...
A South Florida kingfish tournament was interrupted briefly Monday afternoon, as people stopped to gawk at the island of Bermuda as it rose into the Eastern sky. The island, which appeared to be rising under the force of a gigantic tractor beam, trav...
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