Business Coverage

Something rather extraordinary occurred last December which had extremely ominous implications for stock investors around the world, but got totally ignored by the media. In fact, if not for a recent video posting at YouTube, and a March 20 article in the New York Post, these spectacular revelations would still be well under the radar.On December 22, CNBC’s James Cramer did a web interview for…

Friday, Wal-Mart dropped its bid to establish a federally insured bank. It's ridiculous that they had so much trouble getting approved, because as the linked article noted: Industrial banks have been proliferating in recent years — Target Corp., UnitedHealth Group Inc. and Harley-Davidson Inc. are among the nearly 60 that now exist. Critics say their growth dangerously blurs the line between…