Tag Archives: Barclays Bank

Liam Halligan: There Is an Overwhelming, Pressing Need for Glass-Steagall

Liam Halligan Halligan published a strong article in favor of Glass-Steagall in the Telegraph Saturday, under the headline “Only full separation will make our big banks safe.” Halligan has frequently called for Glass-Steagall in the past, and reflects one current … Continue reading

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Detroit City Council Points Finger of Blame in the Right Direction

By unanimous vote yesterday, the Detroit City Council rejected a proposal by emergency manager Kevyn Orr that would settle a financial deal that has cost the city hundreds of millions of dollars. In doing so, the council is taking aim … Continue reading

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Eggheads for Glass Steagall

Sept. 4, 2012 (LPAC)–The 2012 Fall Issue of the Phi Beta Kappa Society’s 80-year-old quarterly, {The American Scholar}, which prides itself on including nearly 300 presidents of the leading colleges and universities in the United States among its 25,000 subscribers, … Continue reading

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London Financial Investigator: There’s a Reason Why Almost Every Major Financial Scandal Has a London Connection

August 10, 2012 (EIRNS)–Rowan Bosworth-Davies, a former London Metropolitan Police (New Scotland Yard) Fraud Squad detective and the former head of investigations for City regulator FIMRA, the predecessor to the FSA, has denounced the cries of ‘unfair’ coming from sections … Continue reading

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Standard Chartered — Another Pillar of Dope Inc. Under Attack

As described in the landmark EIR book {Dope, Inc.}, Standard & Chartered is one of the flagship banks of the British Empire’s Dope, Inc. — the product of a 1969 merger between Chartered Bank, the number-two bank in Hong Kong … Continue reading

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Italy: Il Tempo editor calls for Banking Separation

Aug. 4 – The editor of the Italian conservative daily Il Tempo, Mario Sechi, pushes for banking separation today in the lead editorial, entitled “Separate now speculators from investors”. Sechi’s reaction to both Draghi’s non-show at the ECB and the … Continue reading

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Investment bankers need a culture shock!

Under this headline, the German business daily Handelsblatt reported on the Libor scandal and the consequences that should be drawn from it. The article, written by the Handelsblatt’s London (!) correspondent Michael Maisch, was published past Friday, but is not … Continue reading

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LIBOR Crime-Spree Blows Doors Open for Glass-Steagall

The scandal of bottomless bankster criminality evidenced in the LIBOR rate-setting has now “jumped the pond” and is hitting U.S. institutions directly, specifically the New York Fed, which at that time under investigation was under Obama’s Treasury Secretary Tim Geithner. … Continue reading

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172 German Economists Issue Appeal Against Bank Bailout — Now, On To Glass-Steagall

The Brussels blackmail scheme, and the ensuing forced parliamentary vote on the ESM and Fiscal Pact obviously has been too much. Even CDU faction leader Kauder yesterday had to admit in an interview with Süddeutsche Zeitung, that the vote last … Continue reading

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Reich Says LIBOR Crimes Will Reach Wall Street, Repeats Demand for Glass-Steagall

Robert Reich warns that the LIBOR case will hit Wall Street which he hopes will generate support for Glass-Steagall reform. Writing yesterday in Britain’s Guardian under the title “Wall Street’s Link to LIBOR,” Reich asserts that there are “two different … Continue reading

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