Economy

Banking scandal: how document trail reveals global scam

banking scandal how document tray reveals global scam

It’s not a comfortable weekend for the men heading some of the world’s biggest banks. Barclays has already been hit by a £290m fine for rigging interest rates but that could be dwarfed by a series of global lawsuits which could cost banks billions. The interest rate rigging scandal that …

Read More »

Outline on collapse end game

Many are the events, signals, and telltale clues of a real live actual systemic failure in progress. Until the last several months, such banter was dismissed by the soldiers in the financial arena. But lately, they cannot dismiss the onslaught of evidence, a veritable plethora of ugly symptoms of conditions …

Read More »

Australia’s big-banks bonanza

AUSTRALIA’s big banks have been ranked the most profitable in the developed world for the second year running by the influential Bank for International Settlements. Despite slower credit growth threatening to crimp local lenders’ profits, the big four enjoy wider interest margins and lower costs than most of their overseas …

Read More »

CNBC: we are slaves to the central banks

[youtube height=”400″ width=”550″]http://www.youtube.com/watch?v=q1KnJbBJTE0[/youtube] 6 sec: “Do we all work for Central Bankers? Is this Global Governance at last? Is it One World.. with the Central Bankers in charge?” 1 min: “To answer your question: We are absolutely slaves to Central Banks” 1 min 16sec: “Markets are driven by policy now, …

Read More »

Iceland: a silver bullet for the world economic crisis

arrest the bankers

Obama is in Mexico for yet another G20 meeting of the international socialist politburo.  We are told the discussions at the meeting are centered on theEuropean economic crisis. The United States government is set to spend about $2.4 trillion this year.  The mainstream propagandists are telling us that if Spain and Greece fold on …

Read More »

GOLDMAN: QE3 is coming this week

Goldman’s Jan Hatzius stands by his call… We expect the Federal Open Market Committee (FOMC) to ease monetary policy at next week’s scheduled meeting.  Our baseline is a new asset purchase program that involves an expansion of the balance sheet, but an extension of Operation Twist and/or a further lengthening …

Read More »