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 …
Publisher’s Column: Taibbi Vanquishes Vampire Squid
Publisher’s Column: Taibbi Vanquishes Vampire Squid This and other highlights of the Public Banking 2013 Conference now available for free viewing on the Public Banking Institute’s website here. As one of the many people producing the Public Banking 2013 Conference, Conversation and TPP Forum, it was satisfying beyond measure to …
Winner Takes All: The Super-priority Status of Derivatives
Posted on April 9, 2013 by Ellen Brown Cyprus-style confiscation of depositor funds has been called the “new normal.” Bail-in policies are appearing in multiple countries directing failing TBTF banks to convert the funds of “unsecured creditors” into capital; and those creditors, it turns out, include ordinary depositors. Even “secured” creditors, including …
A Safe and a Shotgun or Publicly-owned Banks? The Battle of Cyprus
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 …
Money for the People: Grillo’s Populist Plan for Italy
Money for the People: Grillo’s Populist Plan for Italy Ellen Brown http://WebofDebt.com/articles March 7, 2013 Default on the public debt, nationalization of the banks, and a citizen dividend could actually save the Italian economy. Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 …
Money for the People: Grillo’s Populist Plan for Italy
Money for the People: Grillo’s Populist Plan for Italy Ellen Brown http://WebofDebt.com/articles March 7, 2013 Default on the public debt, nationalization of the banks, and a citizen dividend could actually save the Italian economy. Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 million …
Video Series: Transforming Finance
Building the Woman’s World Banking Movement – interview with Michaela Walsh; Ethical Markets Media, 2013. Michaela Walsh is Founding President of Women’s World Bank http://www.swwb.org/. Its mission is to expand the economic assets, participation and power of low-income women and their households by helping them access financial services, knowledge and markets. Banking for …