Only 15% of MPs were aware that new money is created when banks make loans, and existing money is destroyed when members of the public … 85% of MPs don’t know where money comes fromRead more
Bank
Posted inBank / Corruption / ToMl / USA Empire
There’s a New Wells Fargo Scandal
Beginning in at least in 2009, Wells Fargo teamed up with a home warranty firm to foist a product on unsuspecting mortgage customers, according to … There’s a New Wells Fargo ScandalRead more
Posted inBank / Corruption / Multimedia
Golden Parachute For Wells Fargo CEO John Stumpf
William Black — source therealnews.com
Posted inBank / Corruption / News
Watchdog that cleared KPMG is run… by cronies from KPMG!
The watchdog panel which cleared KPMG of wrongdoing over the collapse of HBOS was stuffed with former staff members of the tainted accountancy firm. An … Watchdog that cleared KPMG is run… by cronies from KPMG!Read more
Posted inBank / ToMl
Bank Robbery: How would money (and the world) be different after reform?
Although ‘pure’ (sovereign) money would seem pretty much the same to people using it, it would behave differently from bank-money in a number of interesting … Bank Robbery: How would money (and the world) be different after reform?Read more
Posted inBank / Fossil fuel / News
Banking on Climate Change: Fossil Fuel Finance Report Card 2017
Big banks’ business as usual is killing the climate. From 2014 to 2016, big banks around the world poured $290 billion into extreme fossil fuel … Banking on Climate Change: Fossil Fuel Finance Report Card 2017Read more
Posted inBank / ToMl
Bank Robbery: How to change the system
The nature of money Essentially, money is a form of property. Your money is your money, mine is mine, otherwise money has no meaning. Money … Bank Robbery: How to change the systemRead more
Posted inBank / Economics
Bank Robbery: Transition to a new money system
http://positivemoney.org/wp-content/uploads/2017/06/Screenshot-2017-06-27-18.37.32-650×300.png The transition would involve a one-off re-definition of money units as units of pure property, not ownership of debt from banks. The rest of … Bank Robbery: Transition to a new money systemRead more
Posted inBank / Corruption / Economics / ToMl
Edmond de Rothschild fined for alleged involvement in 1MDB scandal
The Luxembourg Financial Sector Supervisory Commission (CSSF) has ordered the private bank Edmond de Rothschild to pay a fine of almost €9 million as part … Edmond de Rothschild fined for alleged involvement in 1MDB scandalRead more
Posted inBank / News
Britain’s biggest banks have paid their bosses more than £177m in the decade since the financial crisis
Britain’s biggest banks have paid their bosses more than £177million in the decade since the financial crisis. Chief executives at Barclays, HSBC, Royal Bank of … Britain’s biggest banks have paid their bosses more than £177m in the decade since the financial crisisRead more