Why Corrupt Bankers Avoid Jail
The phrase “reprobate mind” is found in Romans 1:28 in reference to those whom God has rejected as godless and wicked. They “suppress the truth by their wickedness,” and it is upon these people that the wrath of God rests (Romans 1:18)….
The Six Megabanks have not skipped a beat when it comes to committing fraud, market manipulation, and other abuses against their clients, investors, and the financial markets themselves.
Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible…
Predatory Banks And Their Rip-Off Overdrafts
Greed refuses to be satisfied. More often than not, the more we get, the more we want. Material possessions will not protect us—in this life or eternally. Jesus’ parable of the rich fool in Luke 12:13–21 illustrates this point well. Again, money…
Will Bancorpsouth Bank (NYSE:BXS) Run Out of Steam Soon? Short Interest Is Down
The dictionary defines capitalism as “an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a…
What Ever Happened to Antitrust?
The May 20 settlement between the Justice Department and five giant banks reveals the appalling weakness of modern antitrust. The banks had engaged in the biggest price-fixing conspiracy in modern history. It was a “brazen display of collusion” that went…
Equity Focus: Investors Taking a Second Look at BancorpSouth Bank (NYSE:BXS) After Recent Market Moves,Money Flow Indicator Has Ducked Below The Zero Line
Wealth-creating capitalism requires more than just competition and trading. Beneficial capitalism is founded on the “rule of law and virtues like cooperation, stable families, self-sacrifice, a commitment to delayed gratification, and a willingness to risk based on future hope. These…
Chevron New (CVX) Shareholder Fort Point Capital Partners Cut Its Stake
JUST BECAUSE WE CAN’T SPECIFY THE EXACT REASON FOR PAIN, THAT DOESN’T MEAN THERE ISN’T ONE. Bank are bad for society as a whole, Christians should know borrowing money from evil sources results in being unequally yoked, you’re a slave…
Bancorpsouth Bank (NYSE:BXS) Stock Rating Lowered by Stephens
The Bible offers quite a few examples of growing wealth through legitimate means. Some are similar to investing—spending money now to make money later. God’s intentions for how we should manage our wealth are found in many Scriptures. The following…
Michael Avenatti fraud case shines a light on bankers, lawyers and money in Biloxi
Why is the love of money a root of all kinds of evil? To help us answer this, we must look at the passage in its greater context. Near the end of the letter (1 Timothy 6:2–10), Paul is exhorting…