Truthout
Banks
Oakland Takes On Goldman Sachs
The City of Oakland is currently debating the possibility of terminating a contract it has with the investment bank Goldman Sachs.
Who Wants Big Banks?
Thirty years ago, Merton Miller, one of the giants of modern finance, was at a banking conference when a banker said he couldnu2019t raise more capital by selling stock …
On the News With Thom Hartmann: Banksters and Members of Congress Are Downplaying JP Morgan Chase’s Sudden Loss of $2 Billion, and More
Banksters and Members of Congress have been downplaying JP Morgan Chaseu2019s sudden loss of $2 billion, and arguing that the loss doesnu2019t mean Wall Street needs more regulations.
Matt Taibbi and Yves Smith on the Follies of Big Banks and Government
Matt Taibbi and Yves Smith join Bill to discuss how the folly and corruption of both banks and government leaves deep wounds in our democracy.
Why the Senate Won’t Touch Jamie Dimon: How JPMorgan Props Up US Debt
When Jamie Dimon, CEO of JPMorgan Chase Bank, appeared before the Senate Banking Committee on June 13, he was wearing cufflinks bearing the presidential seal.
Spanish Austerity Savage to the Point of Sadism
If you are Josef Ackermann heading up the Deutsche Bank, you earned an 8 million Euro bonus in 2012, because you successfully manipulated the past four years of economic …
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Charting the Cozy Connections Between JPMorgan and the Senate Banking Committee
JP Morgan appears to have already taken its own accounting of the Banking committee. Hereu2019s a picture of connections between the company and the committee.
How the 1 Percent and Transnational Corporations Hijacked Our Political System and What to Do About It
A major political realignment is the only way plutocratic control over our current elected officials in DC will change, according to Chuck Collins in his new book,
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Europe Dodges a Bank Crisis in Spain, but Perils Lurk
While the Spanish banking rescue will be expensive u2014 as much as $125 billion u2014 it will be well within the means of a European emergency fund established for …
How Big Banks Run the World – at Your Expense
Once you realize money must be and is regularly created and expanded, then the interesting questions begin to occur - like