The Leveraged Buyout of America Posted on August 26, 2013 by Ellen Brown Giant bank holding companies now own airports, toll roads, and ports; control power plants; and store and hoard vast quantities of commodities of all sorts. They are systematically buying up or gaining control of the essential lifelines of the economy. …
Restoring Economic Sovereignty: The Push for State-owned Banks
Ellen Brown February 15, 2011 www.webofdebt.com/articles “It is time to declare economic sovereignty from the multinational banks that are responsible for much of our current economic crisis. Every year we ship over a billion dollars in Oregon taxpayer dollars to out-of-state and multinational banks in the form of deposits, only …
Calls for radical rethink of derivatives body
By Gillian Tett Published: August 26 2010 19:45 | Last updated: August 26 2010 19:45 Five years ago, the International Swaps and Derivatives Association held a lavish 20th anniversary dinner among the dinosaur skeletons in London’s National History Museum. The mood was triumphant. No wonder: back then the derivatives market …