Tag Archives: UBS

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

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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

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President Michael D Higgins again comes out for Glass-Steagall as issue is debated in Europe

In a Sept.11 Dublin City University speech “Toward an Ethical Economy” Irish President Michael D Higgins once again came out  for Glass-Steagall and against the Von Hayekian Chicago School.   As followers of this website know, President Higgins has consistently spoken … Continue reading

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Deutsche Bank and Money Laundering

20 Aug, (EIRNS) Germany’s Welt am Sonntag reports that Deutsche Bank is being investigated by the federal bank supervisor, BaFin, for negligence in its Anti-Money Laundering (AML) system. The paper reports that it concerns suspicious transactions the bank reported too … Continue reading

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Swiss Authorities Admit Global Bail-in Scheme: $650 Billion Deposits Can Be Seized To Save Two Swiss Banks

12 Aug. (EIRNS) A paper published by the Swiss banking regulator FINMA is causing an uproar in Switzerland, and confirming all allegations raised by Executive Intelligence Review (EIR) against the planned “Quantitative Stealing” which is known as “new bank resolution … Continue reading

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LaRouche Show Interview with Lamar Lemmons and Bill Roberts · Update on Detroit

Harley Schlanger interviewed Detroit School Board President Lamar Lemmons and Bill Roberts, member of the LPAC Policy Committee on Saturday, August 3, where both gave an update on the situation in Detroit, including the push by the banks to fast … Continue reading

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Detroit Requests Congressional Hearing; Swaps Costs May Be Worse

30 July (LPAC) — The Detroit City Council unanimously approved a resolution today calling for a Congressional (House Judiciary Committee) hearing on the “strategic” use of bankruptcy filings across the nation, and whether Detroit is using this to cut pensions … Continue reading

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