In this feature-length documentary film, The Corbett Report pulls back the curtain on America’s most misunderstood institution.… Read More Century of Enslavement: The History of The Federal Reserve
In Greece and Cyprus, two of the Eurozone’s most bailed out economies, virtually half of all the bank loans are toxic… Read More Deepening EU Banking Crisis Meets Euro-TARP on Angel Dust
The Financial Sector threw $2 Billion at Congress during the U.S. Election. Biggest Spenders? Not the Banks.… Read More Why No One’s Going to Drain this Swamp
It is the job of the guardians of orthodoxy to plaster over the brutal reality and cruelty of neoliberalism and empire with a patina of civility or entertainment. They pay homage to a nonexistent democracy and nonexistent American virtues. … Read More Donald Trump’s Greatest Allies Are the Liberal Elites
The so-called “Sage” of Omaha’s latest letter, released on Saturday, trumpets American exceptionalism, the “miraculous” market system Americans have created, while it blithely dismisses the greatest wealth and income inequality gap in America since the 1920s… Read More Warren Buffett Pens a Dangerously Misleading Letter to Americans
The biggest banks on Wall Street, both foreign and domestic, have been repeatedly charged with rigging and colluding in markets from New York to London to Japan. Thus, it is natural to ask, have the big banks formed a cartel to rig the prices of their own stocks?… Read More Are Big Banks’ Dark Pools Behind the Run-Up in Bank Stock Prices?
The bankers in question took a leaf out of Martin Scorsese’s classic movie, Goodfellas, in which Ray Liotta’s Henry Hill and Paul Sorvino’s Paul “Paulie” Cicero take over a night club, the Bamboo Lounge, then loot it, abuse the owner’s credit and run it into the ground. Once the owner, Sonny, is unable to pay them anymore, they torch it for the insurance money. … Read More Mafiosi Bankers: What the HBOS Fraud Tells Us About the State of British Banking
“In 2015, Wall Street Bonuses, not regular compensation, bonuses, seven years after they were bailed out with the public purse, totaled $29.4 billion dollars. Total compensation paid to every single person in this country who makes minimum wage totaled $14 billion”… Read More In Times of General Corruption
Rarely heard in association with senior central bankers and financial regulators are words or expressions like “accused”, “charged” or “under investigation.” But in Spain this week a court broke with that tradition, in emphatic style.… Read More The Unthinkable Just Happened in Spain
“The American people have to know that there’s a game going on inside the intelligence community… at the bottom of all this is the fact that there are those that seek to separate US from Russia to reignite the cold war… that’s what’s at the bottom of all this …. Wake up America!!”… Read More Leading Progressives Say that Even Americans Who Hate Trump Should Defend Him Against Attempted Coup by the “Deep State”
The week that Donald Trump shocked markets around the globe by getting himself elected President of the United States, Wall Street banks like Citigroup, JPMorgan Chase, Bank of America and others traded millions of shares of each other’s stocks – as well as trading millions of shares of their own publicly traded stock.… Read More Wall Street Banks Are Trading in Their Own Company’s Stock: How Is This Legal?