The Shadow Banking System: A Web of Financial Fraud
Ellen Brown, Common Dreams, 01-27-2012 http://www.commondreams.org/view/2012/01/27-3 The Wall Street Journal reported on January 19th that the Obama Administration was pushing heavily to get the 50 state attorneys general to agree to a settlement with five major…
‘Mother Of All Bank Runs’ Has Already Begun In Eurozone
By FP Editors, firstpost.com, Dec 12, 2011 http://bit.ly/rWyw9v Uncertainty over the future of the eurozone runs high, despite last week’s high-on-hot-air agreement on moving towards greater fiscal union. And that uncertainty is driving…
Massachusetts Attorney General Lawsuit: Five Major U.S. Banks Accused of Deceptive Foreclosure Practices
Arthur Delaney, Huffington Post, 12-1-11 http://www.huffingtonpost.com/2011/12/01/massachusetts-ag-foreclosure-lawsuit-banks_n_1123393.html WASHINGTON — Massachusetts Attorney General Martha Coakley is suing five of the nation’s biggest banks for deceptive foreclosure and mortgage modification practices, her office announced Thursday. Coakley’s…
Irish Banks Facing Mortgage Strikes
Irish banks face mortgage strikes Ireland’s New Beginning is intent on mobilising 250,000 homeowners facing repossession Henry McDonald in Dublin, guardian.co.uk, 18 November 2011 19.48 GMT http://www.guardian.co.uk/business/2011/nov/18/ireland-banks-mortgages-repossession-new-beginnings Ireland’s IMF bailout after the irresponsible…
Swiss Banks Said Ready to Reveal Clients
David Voreacos, Klaus Wille and Giles Broom, 10-24-11, Bloomberg http://www.bloomberg.com/news/2011-10-24/swiss-banks-said-ready-to-pay-billions-disclose-customer-names.html Swiss banks will probably settle a sweeping U.S. probe of offshore tax evasion by paying billions of dollars and handing over names of…
Occupy San Francisco Grows into Substantial Protest
The Occupy Wall Street movement is spreading like wildfire across the country and even over to London. In solidarity with their brothers and sisters across the globe, an inspired group of San Franciscans…
