Tag Archives: bank bailout

What Must Be Done Before Another Bank Crash Hits

A statue on a spire of the Duomo Cathedral in Milan, Italy overlooks the city’s downtown and financial district. Photo (Stefano Stabile / Wikimedia Commons / CC BY-SA 3.0) DOWNLOAD PDF The warning of another, devastating Europe-U.S. banking crash before … Continue reading

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Glass-Steagall To Be Debated in House Rules Committee

East front view of the U.S. Capitol Photo: CC Martin Falbisnoer   Reps. Marcy Kaptur (D-OH) and Walter Jones (R-NC) will argue Tuesday evening in the House Rules Committee for their amendment to replace the Republican Party’s Financial CHOICE Act … Continue reading

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Trump’s Glass-Steagall Call Came from Bankers Committed to Real Economy

Donald Trump’s call that “it’s time for a 21st Century Glass Steagall” stated in his Oct. 26 Charlotte speech, goes back to deeper roots in that side of the American banking system committed to increased productivity through loans to manufacturing, … Continue reading

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Voters in Must-Win Swing States Overwhelmingly Want Glass-Steagall

The website inequality.org reported on a recent poll commissioned by the Communications Workers of America, conducted in Florida, Pennsylvania, Missouri, and Ohio by Lake Research Partners, which showed that Wall Street is a big issue among swing voters. Under the … Continue reading

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Bankers Who Should Have Gone to Jail are Wrecking the Economy Again

    Former Executive Director for Japan at the IMF and currently Research Director at the Canon Institute, Daisuke Kotegawa, discusses the ongoing financial crisis in the West with EIR’s Mike Billington. Kotegawa was responsible for winding down many of … Continue reading

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Send Congress Back to Enact Glass-Steagall Law — Lame Duck is Too Late

Wells Fargo is implicated in even more cheating and lying, this time to its small business clients. [Ildar Sagdejev / Wikimedia]   DOWNLOAD PDF Americans should not tolerate a Congress that held hearings on “getting tough with Wall Street,” and … Continue reading

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European Banks Under Acute Stress After ECB Stress Tests; LaRouche Stresses National Self-Defense

In a long interview with CNBC-TV, Italian Prime Minister Matteo Renzi said that his government will oppose a bail-in with all its force. In his broken English, Renzi said, “Italy is totally fighting for avoid bail-in because also soft bail-in … Continue reading

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