The Global Banking Game Is Rigged, and the FDIC Is Suing

Jay OwenReforming Global Finance

Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. According to an SEIU report: Derivatives . . . have turned …

Pulling Back the Curtain on the Wall Street Money Machine

kristyReforming Global Finance, SRI/ESG News

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 …

Carbon recovers, but it’s ‘tin-hat time’ for skittish market

kristyGreen Prosperity

Carbon recovers, but it’s ‘tin-hat time’ for skittish market Europe’s carbon market has recovered from its precipitate fall on Friday – exacerbated, traders believe, by ‘stop-loss’ triggers being hit – but watchers expect to see more volatility, with risks of a further decline in prices. More >>> £7bn windfall for …

Solar thermal developer BrightSource Energy files for IPO

kristyGreentech

27 April 2011 DEAL NEWS Solar thermal developer BrightSource Energy files for IPO Deal round-up: Cleantech innovators land windfall Solar Rainbow aims for new heights with roofing company acquisition Trina Solar seals Fotowatio sales agreement BASF buys inge watertechnologies from Emerald Technology Ventures Matrix Partners tipped to invest $15m in …