Industrial War Machine Complex – Buy Bitcoin Defeat Corrupt Governments Everywhere!!


Archives by tag

There’s A New Subprime Crisis, But It’s Not What You Think

Authored by Robert Colvile via CapX.co, The struggles of Provident Financial have fuelled concerns about a new sub-prime crisis Buyers of Provident's car loans are up to their eyeballs in debt Regulation has discouraged big banks from offering affordable credit to the poor A decade on from the financial crisis, the reports today about the […]

“Clearly Awful News”: UK Subprime Lender Provident Crashes Most On Record, CEO Quits

UK subprime lender Provident Financial Plc crashed the most on record, its stock plunging over 73%, on what analysts called a “quadruple whammy”: a profit warning forecasting a full-year loss, scrapping its dividend, a regulator probe into its Vanquis Bank unit, and the departure of CEO, the aptly named, Peter Crook. “This is without doubt […]