Wall Street Confidence Trick: How Interest Rate Swaps Are Bankrupting Local Governments

kristyReforming Global Finance, SRI/ESG News

Wall Street Confidence Trick: How Interest Rate Swaps Are Bankrupting Local Governments Ellen Brown http://WebofDebt.com/articles March 20, 2012 Far from reducing risk, derivatives increase risk, often with catastrophic results. — Derivatives expert Satyajit Das, Extreme Money (2011) The “toxic culture of greed” on Wall Street was highlighted again last week, …

Treasure Islands: Tax Havens and the Men Who Stole the World by Nicholas Shaxson

kristyReforming Global Finance, Books and Reviews

Reviewed by Jeremy Haken I would like to call your attention to a new book by UK-based journalist Nicholas Shaxson called “Treasure Islands: Tax Havens and the Men Who Stole the World. (US Edition, Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens, scheduled for release April 12, 2011) …