Category: Banksters
The analysis published under this category are as follows.
Friday, August 08, 2014
Connecting the Bankster Dots on the DOJ’s Latest Moves / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Two things hit my radar today, and they’re both interesting, for different reasons.
On the surface, you might think they’re not connected, but they might be.
First of all there’s Bank of America Corp. (NYSE: BAC). That poor wee bank was too-big-to-fail even before it bought Countrywide (ground zero for the mortgage crisis) and Merrill Lynch (which was itself TBTF).
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Tuesday, August 05, 2014
Big Banks - Don’t Believe a Word the GAO Says / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Last week the U.S. Government Accountability Office (GAO) released a report titled “Large Bank Holding Companies: Expectations of Government Support.”
And wouldn’t you know it – all the too-big-to-fail banks broke out their crack pipes.
The highly anticipated report didn’t surprise anybody. After all, we all already know that big banks are government bootlickers… when they need to be.
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Friday, August 01, 2014
LLoyds Bank - Justice? Not When There’s This Much Money / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Here’s something to tick you off today, something that you may not have figured out.
Lloyds Banking Group PLC (NYSE: LYG), the United Kingdom’s biggest mortgage lender, had to pay another fine yesterday.
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Thursday, June 26, 2014
Dark Pools Pervade Wall Street / Companies / Banksters
By: Money_Morning
Shah Gilani writes: I’m not usually the kind of guy to say, “I told you so.”
But you know what? I’m saying it.
I told you so.
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Tuesday, June 10, 2014
Goldman Sachs Lines Up Its Next Victim: Ecuador / Companies / Banksters
By: Money_Morning
David Zeiler writes: Unbowed by fines and new regulations, Goldman Sachs (NYSE: GS) has simply looked elsewhere for fresh victims.
In a deal that barely registered with the mainstream media, Ecuador's central bank agreed earlier this week to swap half of its gold reserves - worth $580 million - with Goldman in exchange for liquid assets.
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Friday, May 09, 2014
Why America’s Big Banks Don’t Scare Me… Yet / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Ahhh… the warm breeze I’m feeling. I can’t figure out where it’s coming from.
Oh, there it is. It’s the air of confidence wafting over me knowing everything’s as it should be with our too-big-to-fail banks, and that they’re not going anywhere.
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Thursday, May 08, 2014
Robbing Main Street to Prop Up Wall Street: Why Rainy Day Fund Is a Bad Idea / Politics / Banksters
By: Ellen_Brown
There is no need to sequester funds urgently needed by Main Street to pay for Wall Street's malfeasance. Californians can have their cake and eat it too - with a state-owned bank.
Sunday, April 27, 2014
Stalin, Hitler And The 5-Year Plans Of Banksters / Politics / Banksters
By: Andrew_McKillop
The 2008-2013 Plan
Stalin's infamous five-year plans started with a “trial version” in late 1928. By “trial version” this meant his plans already included show trials of political enemies with frequent death sentences. Designed and executed for Hitler, the German banker Hjalmar Schacht's five-year plan of 1934-1938 directly applied Keynesian “remedies” for the economy and public finances. Schacht's plan was called a “groundbreaking fiscal stimulus program”, creating work by rebuilding the nation’s worn infrastructures, jettisoning the gold standard, imposing capital controls, and increasing State debt, after “diluting” the State's previous debt.
Saturday, April 26, 2014
Wall Street Greed: Not Too Big for a California Jury / Politics / Banksters
By: Ellen_Brown
United States Attorney General Eric Holder has declared that the too-big-to-fail Wall Street banks are too big to prosecute. But an outraged California jury might have different ideas. As noted in the California legal newspaper The Daily Journal:
Read full article... Read full article...California juries are not bashful - they have been known to render massive punitive damages awards that dwarf the award of compensatory (actual) damages. For example, in one securities fraud case jurors awarded $5.7 million in compensatory damages and $165 million in punitive damages. . . . And in a tobacco case with $5.5 million in compensatory damages, the jury awarded $3 billion in punitive damages . . . .
Tuesday, April 22, 2014
Bank Depositors Take Up Arms to Protect Their Savings / Politics / Banksters
By: Pravda
The Bank of Russia revoked the license for banking operations from the Moscow-based bank Zapadny ("Western").
The reason for the revocation was the failure of the bank to execute the federal laws regulating bank activities and regulations of the Bank of Russia.
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Sunday, April 13, 2014
The Global Banking Game Is Rigged, and the FDIC Is Suing / Politics / Banksters
By: Ellen_Brown
Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. According to an SEIU report:
Read full article... Read full article...Derivatives . . . have turned into a windfall for banks and a nightmare for taxpayers. . . . While banks are still collecting fixed rates of 3 to 6 percent, they are now regularly paying public entities as little as a tenth of one percent on the outstanding bonds, with rates expected to remain low in the future. Over the life of the deals, banks are now projected to collect billions more than they pay state and local governments – an outcome which amounts to a second bailout for banks, this one paid directly out of state and local budgets.
Wednesday, April 09, 2014
Central Banker Liars, New Currency, Fatal Errors, Psycho War / Politics / Banksters
By: Jim_Willie_CB
A global clash of nations is underway in full gear. The storm is picking up speed, power, intensity, and damaging force. Many are the swirls of the current situation. A hodgepodge of topics have been caught and trapped, best to discharge on paper, the effect like a wondrous enema. The banker lies grow thicker, as they are unable to so easily deceive anymore. The potential currency fix appears more imminent, as the solution seen as an assault on American interests (military angle). Any nation getting off the US Wagon Train is a rogue nation, the theme having become tired and ineffective. The fatal errors committed by the US economists and banker elite have finally resulted in clear signs of systemic failure.
Monday, March 17, 2014
Wells Fargo “Too Big to Fail” Bank Is Going Down / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Last week I told you about “The Coming Curse of Zombie Foreclosures.”
I described how folks – who thought they were foreclosed on – are suddenly finding out they are actually still on the hook for mortgage payments, taxes, and all kinds of maintenance on abandoned homes.
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Friday, March 07, 2014
The Feds Are Dedicated To Enriching the Banks / Politics / Banksters
By: Richard_Daughty
My poor back was aching from playing golf, I was bored with TV, and, in desperation for something to do other than taking an interest in the kids, doing some desperately-needed chores around the house, or even faking the slightest interest in ANY of that crap, I was casually looking at, you know, economic stuff.
Wednesday, March 05, 2014
Bankers Reveal Their Crimes / Politics / Banksters
By: LibertyGoldAndSilver
The alternate financial media has been abuzz of late with bizarre stories of the alleged suicides of prominent members of world banking and finance. Over recent weeks, between eight and twelve (some say as many as twenty) successful traders and managers involved with FOREX trading and other derivative currency speculation, have conveniently “decided” to throw themselves from the roof tops of a variety of JP Morgan Chase banks in London, Hong Kong, and New York. Another top banking official, William Broeksmit, former executive at Deutsche Bank, was found hanged in his London home.
Saturday, February 22, 2014
Why the Banks Are Doomed! / Politics / Banksters
By: Washingtons_Blog
It’s not just that banks are no longer needed–they pose a needless and potentially catastrophic risk to the nation. To understand why, we need to understand the key characteristics of risk.
The entire banking sector is based on two illusions:
1. Thanks to modern portfolio management, bank debt is now riskless.
2. Technology only enhances banks’ tools to skim profits; it does not undermine the fundamental role of banks.
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Friday, February 21, 2014
Don’t Believe the Headlines, Big Banks are Still Screwing You / Politics / Banksters
By: Money_Morning
Shah Gilani writes:When it comes to big banks’ bad behavior and the fines they pay to settle “allegations” — which are actually civil charges and which would be criminal charges if applied to any other business or in any parallel universe — things aren’t even close to what they seem.
Sure the headlines scream victory, at least monetary victory, for some ripped-off consumers, some hard-charging regulators, and our vaunted (NOT) Justice Department.
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Thursday, February 20, 2014
The Shocking Deals Behind Bankster Fines, The Real Reason No One Goes to Jail / Politics / Banksters
By: Money_Morning
Shah Gilani writes: Headline news about banks settling charges for violating rules, regulations, and laws - and announcements of the fines they agree to pay - appears every day...
Rarely - if ever - do they reveal how much money is really being paid or where it's going...
They also seldom explain what kinds of settlements are reached...
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Monday, February 17, 2014
Goldman Sachs' Most Dangerous Trade / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Here's something you probably don't know, and it will really tick you off.
You probably do know the biggest banks in the world have commodities businesses.
Those lines of business might include trading desks (trading everything from gold and copper to kilowatts), transportation (pipelines, railcars and tankers) and storage (warehousing) operations, mining operations, as well as production, refining, and raw and finished commodity distribution operations.
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Monday, February 10, 2014
The Stench of Political and Financial Corruption / Politics / Banksters
By: Jesse
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