Defuse the Euro Time-Bomb with a Global Glass-Steagall
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Tag Archives: JPMorgan Chase
Did You Know Glass-Steagall Would Have Prevented AIG Blowout?
An interesting and fairly thorough argument for the necessity of Glass-Steagall was made in American Banker by Marcus Stanley, the head of the Americans for Financial Reform coalition, in answer to constant debating there and in the Wall Street Journal. … Continue reading
Posted in Glass Steagall, LPAC
Tagged AIG, bailout, Citigroup, crimes of Wall St, JPMorgan Chase, Lehmans, new financial architecture, TARP, TBTF banks
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Prins: Break Wall Street, Enact Glass-Steagall
The Seattle Times published an opinion column yesterday by former Wall Street banker and anti-Wall Street author Nomi Prins, entitled “Break the Alliances Between Wall Street and the White House.” Having just published a book on the history of those … Continue reading
No to Bail-In: Leading Economist Says Hoenig Is Right, Dudd-Frank Wrong
A lengthy article by former IMF chief economist Prof. Simon Johnson calls FDIC vice chairman Thomas Hoenig’s debunking of the ‘bail-in’ menace on Feb. 24, “Truth from the Top” and “a devastating critique of the existing [Dodd-Frank] order.” Johnson called … Continue reading
Posted in Bail-in Policy, Glass Steagall
Tagged bail-in policy, Bank of America, banking separation, Charlotte NC, Citigroup, Cyprus template, deposit robbery, Dodd-Frank, Dodd-Frank Title II, FDIC vice chairman, global financial system, GSIFI, IMF chief economist, Janet Yellen, JPMorgan Chase, megabanks, Prof. Simon Johnson, TBTF banks, Thomas Hoenig
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State Lawmakers vs. Wall Street Clashed at NCSL Today; Banksters Freaked Against Legislators Over Glass-Steagall
State Lawmakers vs. Wall Street Clashed at NCSL Today; Banksters Freaked Against Legislators Over Glass-Steagall December 5, 2013 • 9:08PM At the Legislative Forum of the National Conference of State Legislatures (NCSL), being held in Washington, D.C. Dec. 4-6, Wall … Continue reading
Posted in Economy, Glass Steagall
Tagged American Bankers Assoc., Andrea Boland, Bank of America, Citigroup, Gov. LePage, JPMorgan Chase, Maine, NCSL, Wall SZtreet
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`Wall Street On Parade’: Clarity on Glass-Steagall
The latest column of Pam Martens’s widely-read “Wall Street on Parade” blog takes on the Federal Reserve’s hyperinflationary money-printing policy with Glass-Steagall. Entitled, “The Official Video from the Federal Reserve on How It Creates Electronic Money”, the piece describes the … Continue reading
JPMorgan Chase Problems May Reach China
Foreign Policy magazine has reported that the Chinese government may have joined a growing list of agencies probing corruption by JPMorgan Chase. Last August, news reports indicated that the Xi Jinping government was looking into JPMorgan’s hiring practices in China, … Continue reading
Former Banker’s Column Attacks Wall Street Obama, Calls For Glass-Steagall
Pam Martens’ widely read blog “Wall Street on Parade: the citizen’s guide to Wall Street”, goes after President NerObama on Sept. 24 as a creature of Wall Street, and calls for restoration of the Glass-Steagall Act. Martens takes the … Continue reading
Posted in Glass Steagall, Nerobama
Tagged Bank of America, Citibank, Glass-Steaqgall, JPMorgan Chase, Obama, Pam Martens, Wall Street
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