How to Rob a Bank (from the inside, that is)
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Media Matrix
The Global Banking Game Is Rigged, and the FDIC Is Suing
By Ellen Brown Global Research, April 13, 2014 Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. According to an SEIU report: Derivatives . […]
Globalists Unveil Socialist-backed New World Tax Regime
Globalists Unveil Socialist-backed New World Tax Regime Written by Alex Newman As various tax-funded international institutions explicitly outline plans to plunder humanity’s wealth to prop up governments drowning in odious debts, the Organization for Economic Cooperation and Development (OECD) last week officially unveiled a new socialist-backed plot to create a global tax information-sharing regime to […]
Bank of England ‘knew about’ forex markets price fixing
Bank of England ‘knew about’ forex markets price fixing Notes from 2012 meeting reportedly show key Bank officials were told of rival currency dealers’ sharing of customer orders Jill Treanor The Guardian, Friday 7 February 2014 18.36 GMT The Financial Conduct Authority has been given the meeting notes which allegedly show that Bank officials did […]
5 Years Since Stimulus: ‘Maybe the Most Expensive Policy Mistake Ever’
5 Years Since Stimulus: ‘Maybe the Most Expensive Policy Mistake Ever’ by Fox News Insider // Feb 17 2014 // 12:14pm It’s been exactly five years since President Obama signed the economic stimulus package into law. Jenna Lee talked to economist and FNC contributor Steve Moore this morning about whether the country has gotten what […]
Media Matrix 3 Feb / 2014
The Shadow Banking System is an Unstable Funding System for Banks, Not Assets Posted January 23, 2014 There are many definitions of shadow banking. A New York Federal Reserve Bank monograph effectively equates shadow banking to securitization, or the process by which individual loans are packaged into bundles, used to issue a wide variety of collateralized […]
Media Matrix 2 Feb / 2014
The True Size of the Shadow Banking System Revealed (Spoiler: Humongous) The shadow banking system is vastly bigger than regulators had thought, say econophysicists who have developed a powerful new way to measure its hidden impact. In most parts of the world, the banking system is closely regulated and monitored by central banks and other […]
Media Matrix 1 Feb / 2014
Why people fear a shadow banking crisis in China A bridge under construction in China. Some WMPs are invested in infrastructure projects that have no tangible revenue. Talk of a Chinese shadow banking crisis is on the rise, leaving many investors in the U.S. and elsewhere wondering: What exactly does that mean? Shadow banking is […]
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