Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-50365 Thu, 28 Mar 2013 14:27:24 GMT The Best Way to Save Banking Is to Kill It ``A genuinely radical approach would be to kill banking as we know it. Rip all banks, large or small, in two -- separate deposit-taking from credit-creation. Back the deposits one-for-one with reserves at the central bank. Then fund loans not with deposits or other money-like liabilities but by tapping investors who understand they've put their savings at risk.'' ]]> iehi-feed-50364 Thu, 28 Mar 2013 14:26:36 GMT Callaway: Cyprus omen for U.S. stock rally ``While Cyprus may be puny -- even smaller than Greece -- in terms of its significance to global markets, its turmoil is symptomatic of a European financial system careening from crisis to crisis without end.'' ]]> iehi-feed-50258 Thu, 14 Mar 2013 19:16:14 GMT Debt-Ridden Car Salesman Turned Congressman Lectures About Importance Of Balanced Budget iehi-feed-47540 Sun, 16 Sep 2012 19:34:40 GMT I Don't Hang Up On Bill Collectors, They Hang Up On Me! iehi-feed-47516 Sat, 15 Sep 2012 16:56:12 GMT Wells Fargo Retracts Help For Dying Woman, Plans To Foreclose 6 Days Before X-mas iehi-feed-47491 Fri, 14 Sep 2012 17:16:18 GMT Is Wells Fargo Run By The Catty Ladies From TV's Dynasty? iehi-feed-47404 Wed, 12 Sep 2012 18:13:00 GMT Dead Homeowners Are Like Dead Interns, They Haunt Politicians On Election Day iehi-feed-47371 Tue, 11 Sep 2012 19:12:34 GMT FDIC Sues Banks and Depositors Over MBS Fraud iehi-feed-47341 Tue, 11 Sep 2012 04:50:24 GMT Did Romney Finance Chair Advise Clients To Steal Money From School Children? iehi-feed-47297 Mon, 10 Sep 2012 00:48:13 GMT MFI-Miami Client Spanks Linda Orlans, Scores Free House From Fannie Mae iehi-feed-22234 Tue, 03 Nov 2009 14:59:22 GMT Geithner "Burned Billions," Shafted Taxpayers on CIT Loan, Prof. Bill Black Says iehi-feed-20389 Wed, 19 Aug 2009 21:48:13 GMT Ailing Update: Spaniards get Guaranty Bank iehi-feed-13303 Sat, 22 Nov 2008 03:38:00 GMT Downey S and L goes to US Bank