Think Your Money is Safe in an Insured Bank Account? Think Again.

Think Your Money is Safe in an Insured Bank Account? Think Again. Posted on July 5, 2013 by Ellen Brown A trend to shift responsibility for bank losses onto blameless depositors lets banks gamble away your money. When Dutch Finance Minister Jeroen Dijsselbloem told reporters on March 13, 2013, that the Cyprus deposit confiscation scheme …

The Public Option in Banking: Another Look at the German Model

THE PUBLIC OPTION IN BANKING: ANOTHER LOOK AT THE GERMAN MODEL Ellen Brown http://WebofDebt.com/articles October 11, 2011 Publicly-owned banks were instrumental in funding Germany’s “economic miracle” after the devastation of World War II. Although the German public banks have been targeted in the last decade for takedown by their private …

Anti-American Bankers

Anti-American Bankers Posted: 28 Sep 2011 07:56 PM PDT By Simon Johnson. An edited version of this short post appeared today on the NYT.com’s Room for Debate: “Are Global Banking Rules Anti-American?” Jamie Dimon claims that the new rules on bank capital “anti-American” because they somehow discriminate against American banks …

World’s Wealthiest Richer than Before Credit Crunch!

hat tip to Barry Ritholtz! World Wealth Report reveals soaring numbers of rich individuals in Asia Pacific region – but slower growth in Britain We are not all in this together. The UK economy is flat, the US is weak and the Greek debt crisis, according to some commentators, is …