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Old 06-30-2008, 12:04 PM   #1
teomaxxx
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IMF to audit US financial system

http://business.theage.com.au/imf-fi...?page=fullpage

http://www.spiegel.de/international/...562291,00.html

Its time to expose crooks from wallstreet and their FED cohorts.

here is what they will find:

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Old 06-30-2008, 12:14 PM   #2
DateDoc
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2 years before it is all over and done with. Pity it can't be done quicker.
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Old 06-30-2008, 12:16 PM   #3
CarlosTheGaucho
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Well beeing able to operate with endless amounts of abstract money is a tempting isn't it?
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Old 06-30-2008, 12:53 PM   #4
Michaelious
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Oh yeah cos they'll catch any probs
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Old 06-30-2008, 01:55 PM   #5
teomaxxx
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The second thing is, what will be left for audit....

recent rise of capital for Fortis (company who acquired ABN AMRO) was driven because of:

American 'meltdown' reason for money injection Fortis.
28th of June, 9:10
BRUSSELS/AMSTERDAM - Fortis expects a complete collapse of the US financial markets within a few days to weeks. That explains, according to Fortis, the series of interventions of last Thursday to retrieve € 8 billion. "We have been saved just in time. The situation in the US is much worse than we thought", says Fortis chairman Maurice Lippens. Fortis expects bankruptcies amongst 6000 American banks which have a small coverage currently. But also Citigroup, General Motors, there is starting a complete meltdown in the US"

and they arent only one bank who see "complete meltdown in the US financials" on the way...similar warning issued few EU banks too recently.

Last edited by teomaxxx; 06-30-2008 at 01:57 PM..
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Old 06-30-2008, 01:57 PM   #6
IllTestYourGirls
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will they be auditing the gold in fort knox?
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Old 06-30-2008, 08:55 PM   #7
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third world country here we come!
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