Financial Reform Newsletter :Another week, another too-big-to-fail bank pays billions to settle yet more claims for fraudulent and illegal conduct for contributing to the 2008 financial crash.

  Financial Reform Newsletter March 28, 2014   Another week, another too-big-to-fail bank pays billions to settle yet more claims for fraudulent and illegal conduct for contributing to the 2008 financial crash.  It was announced this week that Bank of America is paying $6.3 billion (and buying back an additional $3.2 billion …

Others News: IT’S OFFICIAL: EUROPE’S YOUTH COUNTS TEN TIMES LESS THAN ITS BANKS

   IT’S OFFICIAL: EUROPE’S YOUTH COUNTS TEN TIMES LESS THAN ITS BANKS Roberto Savio* Rome,  July 2013 – At the last summit of European heads of state in Brussels at the end of June, the main theme was youth unemployment, which has now reached 23% of European youth (although it …

Fed’s Fisher: Top 5 U.S. banks should be broken up

Fed’s Fisher: Top 5 U.S. banks should be broken up Wed Feb 29 19:02:19 UTC 2012 MEXICO CITY (Reuters) – The biggest five banks in the United States are too powerful and should be broken up, Dallas Fed President Richard Fisher said on Wednesday. The financial crisis has left the …

Pulling Back the Curtain on the Wall Street Money Machine

Pulling Back the Curtain on the Wall Street Money Machine Ellen Brown December 7, 2011 http://WebofDebt.com/articles On November 27, Bloomberg News reported the results of its successful case to force the Federal Reserve to reveal the lending details of its 2008-09 bank bailout. Bloomberg reported that by March 2009, the …

Bill Black: #OccupyWallStreet A Counter to White-Collar Fraud

Broadcasting on the road from Kansas City, Missouri, we’re joined by William Black, a white-collar criminologist, former financial regulator, and author of “The Best Way to Rob a Bank is to Own One.” Black teaches economics and law at the University of Missouri-Kansas City and recently took part in Occupy …