Tags » Financial Crisis

Avoiding the next Financial Meltdown

In a previous article, we discussed the problem with banks guaranteeing fixed deposits while actually investing the money into speculative, long-term ventures, and how such an arrangement naturally… 1,002 more words

Jose Manuel Barroso, Austerity Politics and the European Future

Andrew Gavin Marshall wrote in February:

‘In June of 2009, the European Parliament held elections – the only aspect of the European Union requiring democratic participation by the people of Europe as they elect MEPs to a rubber-stamp parliament that holds virtually no power. 309 more words

Financial Crisis

Bankers from major institutions still haven't been held responsible for financial crash

by Allison Fitzgerald,  The Center for Public Integrity

Three months ago, then-Attorney General Eric Holder gave his prosecutors 90 days to determine whether they could charge individual  105 more words

GOVERNMENT

Featured Story: Big Banks Plead Guilty to Rigging World Currencies

Five of the world’s top banks have pleaded guilty to manipulating the prices of world currencies and interest rates, the most serious financial crime one can possibly commit. 353 more words

News Snapshot Of The Day

On a Tesco Shop

Today I went to Tesco to do my shopping. At the till I met three lovely ladies, serving customers at the checkout. They all looked in their late fifties to early sixties. 384 more words

47 Bullion

Jordan re-launched! Dreaming big again..

Jordan survived the global financial crisis, the arab spring, the war in syria and the emergence of ISIS. It has been a difficult 7 years since the global financial crisis hit the country in 2009. 441 more words

Matt Taibbi: World’s Largest Banks Admit to Massive Global Financial Crimes, But Escape Jail (Again)

‘Five of the world’s top banks will pay over $5 billion in fines after pleading guilty to rigging the price of foreign currencies and interest rates. 129 more words

Financial Crisis