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HuffPost Exclusive: Sharia Banking Goes Bankrupt

Tarek Fatah | Posted 12.17.2011 | Canada Business
Read More: Islam, Muslim Brotherhood, Shariah, Banking, Citibank, Sharia Law, Muslim, Barclays, Sharia, Omar Kalair, Sharia Banking, Islamic Banking, UM Financial, Canada Business News
Tarek Fatah

The leading promoter of Sharia banking in Canada, UM Financial Inc. has gone into receivership. The consequences of this bankruptcy may effect thousands of Muslim homeowners. The troubles at UM Financial did not come overnight

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Wall Street Aristocracy Got $1.2 TRILLION In Secret Loans

Bloomberg | Posted 10.22.2011 | Canada Business
Read More: Morgan Stanley, Bank of America, Citibank, Federal Reserve, Rbs, Ben Bernanke, U.S. Federal Reserve, Citigroup, Royal Bank of Scotland, New York Federal Reserve Bank, Canada Business News

Fed Chairman Ben S. Bernanke’s unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as ...

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Water Market Will Be Bigger Than Oil, Analysts Predict

The Huffington Post Canada | Daniel Tencer | Posted 09.20.2011 | Canada Business
Read More: Richard Sandor, Human Rights, Water, Citibank, Oil, Willem Buiter, Commodification, Council of Canadians, Water Crisis, Citigroup, Canada Business News

Forget oil and natural gas. The truly worthwhile commodity in which to invest in the 21st century is water, say a growing number of economists and mar...

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Meet The Bankers Having Second Thoughts About Too-Big-To-Fail

The Huffington Post | James Sunshine | Posted 10.06.2012 | Canada Business
Read More: Goldman Sachs, Megabanks, Video, Morgan Stanley, Chase, Jpmorgan, Too Big to Fail, Citibank, John Reed, Slideexpand, Sandy Weill, Citigroup, Canada Business News

Sandy Weill, the former CEO of Citigroup and father of the modern too-big-to-fail bank, last month shocked Wall Street when he said that he thought it...

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