Tag Archives: Bank of Italy

Italy On The Move To Crush Banksters

A series of claims and court cases against banks and rating agencies in Italy is the sign of a lynch-mob sentiment in the population. It is not an accident that those institutional actions occurred a few days after the vote … Continue reading

Posted in Austerity & Bank Bailouts, Banking System, Glass Steagall | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

In Italy, Too, Money-printing Feeds Recession, Lending Collapses

A report by Italy’s banking association ABI on Feb. 19, showed that, while the ECB is printing 1.4 trillion euros since late 2011, and the Bank of Italy is bailing out failing MPS bank, bank lending to the Italian economy … Continue reading

Posted in Austerity & Bank Bailouts, Glass Steagall | Tagged , , , , , , , , | Leave a comment

Lannutti Tells EIR: Draghi Did Not Stop MPS, Because He Wanted To Become Head of the ECB

Elio Lannutti is an outgoing member of the Italian Senate and chairman of the association of banking and financial services consumer, Adusbef. Adusbef has filed the legal brief that started the current investigation in Trani on the failed supervision of … Continue reading

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