Truthout
Banks

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

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How Bank of America Execs Hid Losses — in Their Own Words
When Bank of America announced it was buying Merrill Lynch in September 2008, bank execs told their shareholders that the merger might hurt earnings a touch. It didn't turn …

A Monetary Policy for the 99%: Twelve-Year-Old Reformer Goes Viral
Monetary reform - the contention that governments, not banks, should create and lend a nation's money - has rarely even made the news, so this is a first. Either …

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Snarling Banks
Jim Hightower: Thank you, Supreme Court, for making money play possible with your Citizens United decision. Now bankers are going to intimidate officeholders with the threat to put unlimited …

Dysfunctional Banking Sector Helps Keep Iraq in Economic Shambles
Roy Gutman, McClatchy Newspapers Baghdad - The shelves are packed with imported goods at Baghdad's thriving Warda supermarket, and customers can barely move their shopping carts in the narrow …