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CIA Paying High Price for Bribe Operations

On Monday, a story revealed that the CIA has been funnelling tens of millions of dollars to Afghan President Hamid Karzai. The cash payments – delivered to his office every month – arrived in suitcases, backpacks and plastic bags, and were meant to buy the mercurial leader’s loyalty. But according to the Times,

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CIA Bribing Karzai with Bags of Cash…Literally

KABUL, Afghanistan — For more than a decade, wads of American dollars packed into suitcases, backpacks and, on occasion, plastic shopping bags have been dropped off every month or so at the offices of Afghanistan’s president — courtesy of the Central Intelligence Agency.

All told, tens of millions

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Russia Flew Tons of Cash to Syria

plane cash

This past summer, as the Syrian economy began to unravel and the military pressed hard against an armed rebellion, a Syrian government plane ferried what flight records describe as more than 200 tons of “bank notes” from Moscow.

The records of overflight requests were obtained by ProPublica. The flights occurred during a

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Spanish Citizens Drawing Cash at Record Pace

Spanish consumers are pulling their cash out of banks at record levels, according to figures released on Tuesday.

Private sector deposits fell by nearly 5 percent in July to €1.509, the Telegraph reported, citing European Central Bank data, as public confidence in the banking system reached all-time lows amid a worsening economic situation.

The news

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China Going Broke

yuan

Last week’s release of disappointing economic and trade data for July has, predictably, renewed calls for additional stimulus. In May, Beijing ramped up its support for the economy, and observers had expected activity to pick up by last month.

Why has the economy so far failed to respond? There are various reasons, but

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Policing for Profit: Taking Your Cash Because you Have It

MONTEREY, Tenn. — “If somebody told me this happened to them, I absolutely would not believe this could happen in America.”

That was the reaction of a New Jersey man who found out just how risky it can be to carry cash through Tennessee.

For more than a year, NewsChannel 5 Investigates has been

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How Close is a Cashless Economy

Most people think of a cashless society as something that is way off in the distant future. Unfortunately, that is simply not the case. The truth is that a cashless society is much closer than most people would ever dare to imagine. To a large degree, the transition to a cashless society is being done

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Economic Existential Horror

Not everyone has been doing badly during the economic turmoil of the last few years. In fact, there are some Americans that are doing really, really well. While the vast majority of us struggle, there is one small segment of society that is seemingly doing better than ever. This was reflected in

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Unemployed get Tapped for Cash

While posting impressive profits in the last two quarters – Wells Fargo’s $3.2 billion, Citigroup’s $3 billion and Chase’s $2.7 billion – U.S. banks have figured out a way to squeeze some extra dollars from those who can least afford it, the unemployed. Here’s how it works. In the past two years, states have been

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