The ECB’s Noose Around Greece: How Central Banks Harness Governments by Ellen Brown Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? (See January …
Financial Reform Newsletter: Might there be accountability of a senior executive at a “too big to fail” bank?
Financial Reform Newsletter March 13, 2015 Might there be accountability of a senior executive at a “too big to fail” bank? First, let’s remember that “too big to fail” is shorthand for too big, too complex, too opaque, too leveraged, too interconnected, too illiquid and too reliant on short term …
Better Markets fights for financial reform from Brussels to Washington, DC:
Financial Reform Newsletter March 04, 2015 President & CEO Dennis Kelleher talking with European Commissioner Jonathan Hill Ambassador of the EU to the US David O’Sullivan Better Markets fights for financial reform from Brussels to Washington, DC: Playing countries and regulators against each other, while exaggerating …
How the financial system drains the Brazilian economy: overview
How the financial system drains the Brazilian economy: overview Ladislau Dowbor 1 March 2015 The numbers are quite clear. In Brazil, credit represents about 60% of GDP. Therefore, it is important to understand the origin and destination of this mass of resources. The different parts of the system are …
Financial Reform Newsletter: Protecting Americans’ retirement savings, security and dignity:
Financial Reform Newsletter February 25, 2015 Photo: White House Tumblr Protecting Americans’ retirement savings, security and dignity: President Obama, joined by Sen. Elizabeth Warren, Sen. Cory Booker, Rep. John Delaney and other leaders, announced a very important retirement security initiative this week: ending conflicts of interests and hidden fees …
Public Banking Institue Former Goldman Insider Endorses Public Banks
Former Goldman Insider Endorses Public Banks The Banking on Colorado event a few weeks ago was a great success, and even if you have read articles or books by Nomi Prins, you really have to watch this video of her rousing keynote address. It was truly remarkable to see a …
Better Markets: Don’t Believe the False Spin on DOL’s Effort to Protect Americans’ Retirement Security
Don’t Believe the False Spin on DOL’s Effort to Protect Americans’ Retirement Security February 23, 2015 The Department of Labor is expected to soon take a major step forward in protecting workers and retirees by requiring anyone who provides retirement investment advice to act solely in the best interests of …
Other News: Economic Growth Is Not Enough
Economic Growth Is Not Enough Analysis by Jessica Faieta* NEW YORK, Feb 23 2015 (IPS) – Recent new data show a worrying picture of Latin America and the Caribbean. Income poverty reduction has stagnated and the number of poor has risen — for the first time in a …
Swimming with the Sharks: Goldman Sachs, School Districts, and Capital Appreciation Bonds
Swimming with the Sharks: Goldman Sachs, School Districts, and Capital Appreciation Bonds Ellen Brown February 20, 2015 http://EllenBrown.com The fliers touted new ballfields, science labs and modern classrooms. They didn’t mention the crushing debt or the investment bank that stood to make millions. — Melody Peterson, Orange County …
Better Markets: Better Markets’ CEO takes on the propaganda machine of Wall Street’s too big to fail banks
Financial Reform Newsletter February 20, 2015 MUST SEE TV: Better Markets’ CEO takes on the propaganda machine of Wall Street’s too big to fail banks and the pollution of the public debate: One of the unfortunate things about Washington DC policy debates is that they are often fact-free or little …