Chapter 3 The first chapter of this book described how private commercial bankers came to provide almost all of the money supply in the West. … Law and the Banking SystemRead more
Bank
Massive Payout for US Hedge Fund Chiefs in 2014
On Tuesday, Institutional Investor’s Alpha magazine revealed that the top-earning 25 hedge fund managers in the United States secured another massive payout last year, totaling … Massive Payout for US Hedge Fund Chiefs in 2014Read more
HSBC Violates its Sweetheart Deal and Lynch Praises It
HSBC got a sweetheart deal from the Obama administration. It laundered vast amounts of money for Mexico’s murderous Sinaloa cartel, helped bust sanctions for terrorists … HSBC Violates its Sweetheart Deal and Lynch Praises ItRead more
Amalgamated Bank Becomes First Bank to Raise Minimum Wage to $15
Amalgamated Bank has become the first bank in USA to establish a $15 minimum wage for its workers. Amalgamated is the nation’s largest union-owned bank. … Amalgamated Bank Becomes First Bank to Raise Minimum Wage to $15Read more
How Central Banks Harness Governments
Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or … How Central Banks Harness GovernmentsRead more
Why Public Banks Outperform Private Banks
Public banks in North Dakota, Germany and Switzerland have been shown to outperform their private counterparts. Under the TPP and TTIP, however, publicly-owned banks on … Why Public Banks Outperform Private BanksRead more
A Prime minister against bank merger
But he is wrong about environment and tar sand.
Why Do Banks Want Our Deposits?
Many authorities have said it: banks do not lend their deposits. They create the money they lend on their books. Robert B. Anderson, Treasury Secretary … Why Do Banks Want Our Deposits?Read more
JPMorgan Chase’s $13 Billion Shadow
If nothing else, William D. Cohan’s recent Nation article about JPMorgan Chase’s $13 billion settlement should confirm the public’s darkest suspicions about that institution and … JPMorgan Chase’s $13 Billion ShadowRead more
News
Climate Change Displaces 35,000 Walruses in Alaska An estimated 35,000 walruses have gathered on a beach in northwest Alaska as their natural resting grounds vanish … NewsRead more