Tag Archives: Credit-Suisse

‘Gambler Banks’ Will Detonate: Are They Only in Europe?

The People’s Bank of China reminded the financial world today that trans-Atlantic and Japanese banks and stock markets just had their worst week of 2016, with all Chinese markets closed and no new data about the Chinese economy available. It … Continue reading

Posted in british financial empire, LPAC | Tagged , , , , , , , , , | Leave a comment

Royal Bank of Scotland Implodes; ‘Depression’ Like the 1930s Foreseen

The Royal Bank of Scotland (RBS) will reportedly soon announce it will be cutting many thousands of jobs amid financial losses of tens of billions. The majority government- owned bank was recently so highly leveraged that, though essentially worthless, its  … Continue reading

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

Friedrich List Weighs in on Swiss Franc-Euro Decoupling

Jan. 15, 2015 (EIRNS) — Briefed on the Swiss decision today to decouple the national currency from the euro, Friedrich List had the following to say: “I would not worry about repercussions on Swiss exports. The Swiss franc will of … Continue reading

Posted in Euro System | Tagged , , , , , , , , , , , , , | Leave a comment

Darrell Issa Takes On Obama Protection of Wall Street

Breaking from profile, Darrell Issa, chairman of the House Oversight and Government Reform Committee, has decided to investigate the “litigation policy” of the Obama Department of Justice “with respect to large financial institutions accused of illegality and fraud.” In a … Continue reading

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

Swiss Author Gian Trepp: Our Anti-Oligarchical Tradition Is the Basis for Glass-Steagall

On October 16, Swiss book author and journalist Gian Trepp called on Swiss leaders to stick to the Swiss anti-oligarchical historical tradition as basis for a Glass-Steagall-like banking reform. Trepp responded to an article in the Swiss financial daily Neue … Continue reading

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

Glass-Steagall Debate in Switzerland

An Austrian professor and Swiss author Gian Trepp have intervened against the arguments brought forward by the banking lobby against the current bank separation initiative in the Swiss Parliament. Prof. Karl Socher from the Innsbruck University wrote a letter to … Continue reading

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

Swiss Parliament Glass-Steagall Vote Sends The World a Powerful Signal

Swiss Parliament Glass-Steagall Vote Sends – – The World a Powerful Signal – by Claudio Celani Sept. 14–The Swiss National Council (the lower house of parliament) voted on Sept. 9, with a 3:2 maiority for three distinct statements calling for … Continue reading

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