Vanderbilt/Oxford Study: Payday Loan Firm Profits Not Excessive
Profits are in Line With Traditional Lenders, Says Study
Infinite profits earned off the backs of the infinite suffering masses. If you take your news from the multi-colored, sugar-laden toothpaste tube that is the mainstream media, then you believe that the payday loan industry is reaping massive profits while those who [...]
Sky Capital Gets Busted for Fraud | SEC Takes it to Court
Sky Capital fraud case flies into Federal Court
Every once in a while, I think that perhaps I should invest in the stock market. People make a lot of money doing that, or so I’ve heard. I always shy away from going through with it, though, because I feel like I [...]
Westgate Capital Manager Arrested on Investor Fraud Charges
Westgate Capital manager caught
The fallout from the Bernie Madoff disaster continues. So, when is it that you’re going to step up your monitoring of financial fraud, SEC? Any time now…
Alistair Barr of MarketWatch brings our attention to James Nicholson, 42, the manager of the investment firm Westgate Capital Management LLC. [...]
UPDATE: FBI Finds Stanford | Quick Loan For Bail?
Quick loans won’t get him out once he’s incarcerated
BBC News reports that FBI agents in Virginia have located and served Sir Allen Stanford with civil papers, a quick loan courtesy of the SEC. They would like to see him pay it back with other people’s money… and jail time.
Stanford has [...]
BCS National Championship vs. Payday Loans
Who are you rooting for the teams playing in the BCS national Championship or payday loans? On Thursday January 8 at 8pm Eastern Time, the first ranked Oklahoma Sooners and the second ranked Florida Gators will play head to head for the FedEx BCS National championship in Miami Florida at [...]
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