Bankers & Wall St.

Don’t Blink, or You’ll Miss Another Bailout

Posted by on February 17, 2013 in Bankers & Wall St. with 0 Comments
Don’t Blink, or You’ll Miss Another Bailout

MANY people became rightfully upset about bailouts given to big banks during the mortgage crisis. But it turns out that they are still going on, if more quietly, through the back door.

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So God Made a Banker

Posted by on February 17, 2013 in Bankers & Wall St. with 0 Comments
So God Made a Banker

Cenk Uygur reads “So God Made a Banker” by Brett Arends – a parody of Dodge’s “So God Made a Farmer” Superbowl ad. Dodge released a certain ad using stills of farmers and agricultural scenes over a louder-than-usual voiceover of Paul Harvey’s poem, “So God Made A Farmer” – which was used to sell cars. Maybe “So God Made a Banker” could air in the next Superbowl?

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TYT: Bank Cronies Cash In With SEC

Posted by on February 16, 2013 in Bankers & Wall St. with 0 Comments
TYT: Bank Cronies Cash In With SEC

Watchdog group, Project on Government Oversight, released a new report exposing the rampant cronyism going on in the SEC. Where do former bank regulators with intimate knowledge of the SEC work after they leave the government agency? Big corporations.

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Who Runs The World? Solid Proof That a Core Group Of Wealthy Elites Is Pulling the Strings

Posted by on February 1, 2013 in Bankers & Wall St., Corruption with 0 Comments
Who Runs The World? Solid Proof That a Core Group Of Wealthy Elites Is Pulling the Strings

Does a shadowy group of obscenely wealthy elitists control the world? The answer might surprise you. Today we live in a neo-feudalist system in which the super-rich pull all the strings. When I am talking about the ultra-wealthy, I am not just talking about people that have a few million dollars.

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Morgan Stanley Sold ‘Nuclear’ Investments, Cashed In

Posted by on January 24, 2013 in Bankers & Wall St. with 0 Comments
Morgan Stanley Sold ‘Nuclear’ Investments, Cashed In

Morgan Stanley had information on the house of cards that was the housing market before it crashed. So what did they do? Obviously dump bad investments to sucker clients and cash in on their misfortune!

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The Untouchables: How the Obama Administration Protected Wall Street From Prosecutions

Posted by on January 23, 2013 in Bankers & Wall St. with 1 Comment
The Untouchables: How the Obama Administration Protected Wall Street From Prosecutions

Obama justice officials both shielded and feted Wall Street oligarchs (who, just by the way, overwhelmingly supported Obama’s 2008 presidential campaign) as they simultaneously prosecuted and imprisoned powerless Americans for far more trivial transgressions.

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Banks Parking $1.46T In Excess Reserves At Federal Reserve, Balance Sheet Set To Pass 3 Trillion

Posted by on January 22, 2013 in Agencies & Systems, Bankers & Wall St. with 0 Comments
Banks Parking $1.46T In Excess Reserves At Federal Reserve, Balance Sheet Set To Pass 3 Trillion

Elizabeth MacDonald of Fox Business News reported yesterday that U.S. banks have $1.46 trillion dollars in excess funds parked at the Federal Reserve, which could rise to $2.6 trillion by next year.

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Federal Reserve Official Alleges Timothy Geithner May Have Alerted Favored Banks to Rate Cut

Posted by on January 19, 2013 in Agencies & Systems, Bankers & Wall St. with 0 Comments
Federal Reserve Official Alleges Timothy Geithner May Have Alerted Favored Banks to Rate Cut

In the summer of 2007, as storm clouds gathered over the world’s financial system, then-New York Federal Reserve President Timothy Geithner allegedly informed the Bank of America and other banks about the possibility the U.S. central bank would lower one of its critical interest rates, according to a senior Fed official.

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The Incredible Debt Spider: It’s Time to End the Private Fed

Posted by on January 17, 2013 in Agencies & Systems, Bankers & Wall St. with 0 Comments
The Incredible Debt Spider: It’s Time to End the Private Fed

Magically, the Fed has exclusive rights to the dollar, and for them it’s even better than money growing on trees. Whether paying nominal U.S. mint printing costs for Federal Reserve Notes (like those papering your wallet), or simply entering digits into their banks’ computers, they lend our “money” back to us at a profit.

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BCG Publishes 10-Step Plan To End The Era Of Ponzi Finance

Posted by on December 23, 2012 in Bankers & Wall St., Economy with 0 Comments
BCG Publishes 10-Step Plan To End The Era Of Ponzi Finance

In this excellent layman’s guide to the the real world, not only does BCG explain the Ponzi, but they lay out ten critical steps that developed economies must take to definitively end the era of Ponzi finance.

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Worldwide Bank Fraud – Bankers Get Slaps On the Wrists

Posted by on December 22, 2012 in Bankers & Wall St. with 0 Comments
Worldwide Bank Fraud – Bankers Get Slaps On the Wrists

Some of the top banks in the world fixed interest rates to their benefit in the LIBOR scandal. Banks are being fined, but is anyone getting arrested? Of course not.

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HSBC to Pay $1.9 billion U.S. Fine in Drug Cartel Money-Laundering Case

Posted by on December 12, 2012 in Bankers & Wall St., Policies with 0 Comments
HSBC to Pay $1.9 billion U.S. Fine in Drug Cartel Money-Laundering Case

HSBC Holdings Plc agreed to pay a record $1.92 billion in fines to U.S. authorities for allowing itself to be used to launder a river of drug money flowing out of Mexico and other banking lapses.

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If We Want to Make Poverty History We’ve Got to Tackle Corruption First

Posted by on November 27, 2012 in Bankers & Wall St., Economy with 0 Comments
If We Want to Make Poverty History We’ve Got to Tackle Corruption First

What does corruption look like? The short answer is: not what you think it does. Imagine a politician being bribed. You might envisage a suitcase stuffed with used dollar bills being handed over in a dark alleyway. But nowadays, corruption can work differently. It may involve a complex web of shell companies and trusts, set up by an army of lawyers, accountants and company service providers and fronted by so-called nominee directors and shareholders. This lack of transparency means that such entities can be used to hide the identities of the corrupt, and so bribes can arrive direct into companies’ bank accounts. This week’s revelations in the Guardian and on the BBC’s Panoramahave finally shed some light on this shady world.

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The Madness Of a Lost Society [video]

Posted by on November 27, 2012 in Bankers & Wall St., Corruption with 1 Comment
The Madness Of a Lost Society [video]

Another ‘Black Friday’ has come and gone. And, it has left us with further evidence of the complete madness of the populace of our nation. The once proud and independent people of the United States are being reduced to servants of the State.

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‘Shadow Banking’ Still Thrives, System Hits $67 Trillion

Posted by on November 22, 2012 in Bankers & Wall St., Economy with 0 Comments
‘Shadow Banking’ Still Thrives, System Hits $67 Trillion

The system of so-called “shadow banking,” blamed by some for aggravating the global financial crisis, grew to a new high of $67 trillion globally last year, a top regulatory group said, calling for tighter control of the sector.

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