Tags » Too Big To Fail

Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here

Source: The Economic Collapse Blog, by by Michael Snyder

There is so much chaos going on that I don’t even know where to start.  For a very long time I have been warning my readers that a major banking collapse was coming to Europe, and now it is finally unfolding.  754 more words

Financial/Societal Collapse And Dependence

CWA: It's time to take on Wall Street

The Communication Workers of America (CWA) has launched a campaign to restore economic and political democracy in the United States.

“We see our democracy being drowned by the unchecked mega-contributions of  Wall Street banksters and hedge fund moguls,” said Chris Shelton, CWA president on a nationwide teleconference with thousands of CWA members. 887 more words

Wells Fargo Fined $1.2 Billion For Mortgage Insurance Fraud

Wells Fargo to pay $1.2bn over mortgage insurance scam

The US bank was accused of improperly certifying government-backed home mortgage loans between 2001-2010.


The Justice Department argued Wells Fargo should not have certified the loans as eligible for the federal insurance scheme because it knew they did not meet the required standards for certification.

Economy

Defy. Stupid.

Society is in a downward spiral and there is no cleaning the timeless shit stain we have left on this planet.  We are destroying the environment at an astronomical rate and people are too fucking stupid to realize that this is what we are leaving for future generations.   222 more words

Society Is Fucked