Tag Archives: Alan Greenspan

‘Euro Heading to a Break-up’; Brits want to ‘Self-Regulate’

City of London mouthpiece Ambrose Evans Pritchard writes in today’s Daily Telegraph that the results of the European Elections clearly point to a breakup of the Eurozone. As for Great Britain he says it is heading for a new relationship … Continue reading

Posted in Banking System, EU Dictatorship, Euro System | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bill Clinton: Glass-Steagall Repeal Didn’t Cause Crash, But Deregulation of Derivatives Did

Bill CLinton spoke Wednesday at the Peter Peterson Foundation 2014 Fiscal Summit, interviewed by Gwen Ifill of PBS. Ifill noted the widespread discussion about deregulation, and asked Clinton if he had gone too far in deregulating the economy, contributing to … Continue reading

Posted in Glass Steagall | Tagged , , , , , , , , , , , , , , , , | Leave a comment

William Black: Even Savings & Loan Crisis Proved Glass-Steagall

Former U.S. bank regulator Dr. William Black of the University of Missouri took to Op-ED News yesterday with a hard-hitting column, The 11th Lesson We Need To Learn from Keating’s Frauds: Bring Back Glass-Steagall. The piece is a polemic on … Continue reading

Posted in Glass Steagall | Tagged , , , , , , , , , , , | Leave a comment

New York Fed’s William Dudley: We Don’t Need Glass-Steagall

Speaking Thursday at the Global Economic Policy Forum at New York University’s Law School, New York Federal Reserve President William Dudley stated clearly that there is no need for Glass-Steagall to address the current crisis. Responding to those who “have … Continue reading

Posted in Glass Steagall | Tagged , , , , , , , | Leave a comment

Fed Opponent of Glass-Steagall Reveals the Ugly Alternative

What is the great new bank resolution plan which is supposed to mean we don’t need, and can’t have, Glass-Steagall restored to end Wall Street bailouts? New York Federal Reserve president William Dudley, an enemy of Glass-Steagall for 30 years, … Continue reading

Posted in Glass Steagall | Tagged , , , , , , , , , , , | Leave a comment

President Michael D Higgins: The Global Consequences of the Repeal of Glass-Steagall Were Not Benign

In his speech at the Coimbra Group Annual Conference, National University of Ireland, Galway    on May 24 , Irish President Michael D Higgins once again spotlighted the global consequences of the repeal of Glass-Steagall   At his speech at National University … Continue reading

Posted in Glass Steagall, Ireland | Tagged , , , , , , , , , | Leave a comment

Shadow Banking: What Wall Street & the City Are Doing with the Money-Printing

Financial press all reported recently that the European Commission’s Financial Services Board has calculated the global “shadow banking sector” to have ballooned back up to $67 trillion in assets as of Dec. 31, 2011, a bigger speculative asset bubble than … Continue reading

Posted in Economy | Tagged , , , , , , , , | Leave a comment