The Global Banking Game Is Rigged, and the FDIC Is Suing

Jay OwenReforming Global Finance

Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. According to an SEIU report: Derivatives . . . have turned …

Today’s Top Stories from GFI: Russia’s offshore cash switches seas in search of a new tax haven

Jay OwenReforming Global Finance

  Wednesday, August 21, 2013 Interactions between Small- and Large-Scale Corruption in China Increasing [Amicable] Cooperation on Offshore Tax Evasion Income Inequality, Wealth, and Illicit Financial Flows in Asia Taxcast Episode 19: July 2013 Looking Forward: Poverty in 2015 G20 Finance Ministers and Central Bank Governors Communique Released Clips Tax …

#OCCUPYWALLSTREET: Occupied. OWS Updates for the Week of July 12

Jay OwenGlobal Citizen

GET THIS FROM A FRIEND? SUBSCRIBE SHARE:  DebtFair, an initiative led by Occupy Museums, has just sent a letter to a number of art school deans, asking them to come up with an alternative to debt-funded, high-cost art education. The letter was partially provoked by the recent doubling in interest rates …

PFA, IAPF, Denmark, Moody’s, Fianna Fáil, Cyprus, First State, OTC derivatives, Hermes, Dexia

Jay OwenSRI/ESG News

      Dear Dr Hazel Henderson                 Today’s top stories             Denmark’s PFA shifts from bonds to US equity over euro-zone fears   DENMARK – Fund hopes bailout of Cyprus could be wake-up call for European singe currency. …

A Safe and a Shotgun or Publicly-owned Banks? The Battle of Cyprus

Jay OwenReforming Global Finance

A Safe and a Shotgun or Publicly-owned Banks? The Battle of Cyprus Posted on March 21, 2013 by Ellen Brown If these worries become really serious, . . . [s]mall savers will take their money out of banks and resort to household safes and a shotgun. – Martin Hutchinson on the attempted EU raid on …

The Cypriot viewpoint

Jay OwenReforming Global Finance

     The Cypriot viewpoint By Cyprus.com Editors Cyprus Bailout: Stupidity, Short-Sightedness, Something Else? A quick run-down on the impressively stupid handling of the “Cyprus bailout” by the EU. And, before we go on, we should note that the on-the-ground situation for visitors and tourists is perfectly fine – Cypriots are …

Today’s Top Stories from GFI: Cyprus to be Audited

Jay OwenReforming Global Finance, SRI/ESG News

Tuesday, March 5, 2013 How Well Do We Know Our Banks? Video: Inside Story – Tax Avoidance: Legality vs. Morality Russia’s Threat from Within: a Comment on Illicit Financial Flows TJN-Africa Director: Yes, Taxation Can Be a Good Thing for Developing Countries Voice of America Investigates Global Corruption, Features Work …

Great Strides in Solar: Preventing Fraud and Abuse

kristyGreen Prosperity

Great Strides in Solar: Preventing Fraud and Abuse by Scott Sklar, The Stella Group, Ltd. | October 23, 2012 | Post Your Comment While Solyndra’s bankruptcy drove public and political attention to solar, Consumer Reports drew some in the retail solar industry into a frenzy. The October issue of Consumer …