Banks create new money in massive amounts – always as debt. How does this work towards making financial predators rich and productive workers poor? Here … Bank Robbery: How the money system makes some rich, others poorRead more
Bank
Posted inBank / ToMl / USA Empire
Breaking Up (Banks) Isn’t So Hard to Do
Donald, listen, whatever you’ve done so far, whatever you’ve messed up, there’s one thing you could do that would make up for a lot. It … Breaking Up (Banks) Isn’t So Hard to DoRead more
Posted inBank / Economics / Finance / PM
Socialism for the rich (Drawbacks of our current money system)
Private money creation: from crisis to crisis There are many reasons to change the current money system. To begin with, the current system works less … Socialism for the rich (Drawbacks of our current money system)Read more
Posted inBank / Corruption / News
Wells Fargo Forced Unwanted Auto Insurance on Borrowers
More than 800,000 people who took out car loans from Wells Fargo were charged for auto insurance they did not need, and some of them … Wells Fargo Forced Unwanted Auto Insurance on BorrowersRead more
Posted inBank / Corruption / ToMl
Is the British State Complicit in World’s Largest Systemic Fraud?
Five years ago it emerged that the LIBOR interest rates, the world’s most influential and important financial benchmark, were rigged. New revelations suggest that not … Is the British State Complicit in World’s Largest Systemic Fraud?Read more
Posted inBank / ToMl
Two Thirds of Lenders Using Underhand Tactics For Consumer Loans
Around 1 in 10 people taking out a loan in Britain do so simply to make ends meet. The market for these loans is extremely … Two Thirds of Lenders Using Underhand Tactics For Consumer LoansRead more
Posted inBank / Economics / ToMl
What a State-Owned Bank Can Do for New Jersey
Phil Murphy, the leading Democratic candidate for governor of New Jersey, has made a state-owned bank a centerpiece of his campaign. He says the New … What a State-Owned Bank Can Do for New JerseyRead more
Posted inBank / Economics / ToMl
Here’s Why Italy’s Banking Crisis Has Gone Off the Radar
For a country that is on the brink of a gargantuan public bailout of its toxic-loan riddled banking sector, or failing that, a full-blown financial … Here’s Why Italy’s Banking Crisis Has Gone Off the RadarRead more
Posted inBank / ToMl / USA Empire
Trump Wants to Gut Protections for Bank Customers
With Wall Street as greedy as it ever was, and the Trump administration seeking to ditch banking restrictions enacted in 2008 to protect the little … Trump Wants to Gut Protections for Bank CustomersRead more
Posted inBank / Crime / Financial crisis / Government
Government Settlement With Goldman Sachs Is No Real Punishment
the U.S. Department of Justice, including the attorneys general of New York and Illinois, as well as the Federal Home Loan Banks of Chicago and … Government Settlement With Goldman Sachs Is No Real PunishmentRead more