Tag Archives: financial crimes

Glass-Steagall’s Repeal Made Vulture Funds Possible; Argentina Should Run With BRICS Option

As Argentina continues to resist the British Empire’s war to annihilate it, its defenders are increasingly pointing to the fact that the 1999 repeal of the Glass-Steagall Act allowed the vulture funds to flourish, as globalization took hold. President Cristina … Continue reading

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Dallas Fed’s Fisher Again Calls for Banking Separation By Function

In an op-ed in the March 10 Wall Street Journal, Richard Fisher, the head of the Federal Reserve Bank of Dallas, and the executive VP of that bank, Harvey Rosenblum, reiterate the central point of Fisher’s Jan. 15 speech at … Continue reading

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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

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Again, Financial Derivatives are Crimes; Abolish Them

Feb. 5, 2013 (LPAC) — Again the biggest UK banks — all of them — are found committing financial crimes and are going to pay collective fines of another $1.5-2 billion. Again the crimes are financial derivatives. Again another group … Continue reading

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