Monthly Archives: August 2012

The Philadelphia Trumpet: The Death of Anglo-American Banking

The following is an article from the September, 2012 issue of The Philadelphia Trumpet titled “The Death of Anglo-American Banking” by Brad Macdonald and Robert Morley from page 23 and I quote: “The Death of Anglo-American Banking From the September … Continue reading

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The Guardian: Former RBS Trader Claims’Anyone’ At Bank Could Change Rate.

The following is an article from the August 23.2012 issue The Guardian titled “Former RBS Trader Claims ‘Anyone’ Could Change Rate” by Julia Kollewe and I quote: RBS is disputing the allegations, saying Tan Chi Min was dismissed for gross … Continue reading

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The Progressive Populist: Break Up the Big Banks and Hold Their Managers Accountable

The following is an excellent article from the September 15, 2012 issus of The Progressive Populist titled “Break Up the Big Banks and Hold THeir Managers Accountable” by Allan Brawley from page 20 and I quote: “Break Up the Big … Continue reading

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The Heart of Darkness: The Shadow Banking System Self-Destructs

The following is an excerpt from the book “ECONNED: How Unenlightened Self Interest Undermined Democracy And Corrupted Capitalism” by Yves Smith from Chapter 9 on page 232 and also page 307 and I quote: “By contrast, debt did not play … Continue reading

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Bloomberg Businessweek: Wall Street’s Leadership Vacuum

The following is the article from the August 27-September 2, 2012 issue of Bloomberg Businessweek titled “Wall Street’s Leadership Vacuum” by Dawn Kopecki from page 32 and I quote: Markets & Finance Wall Street’s Leadership Vacuum By Dawn Kopecki on … Continue reading

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Both Parties Irresponsibly Kicking The Can Down The Road

The following is an excerpt from the excellent book “ECONNED: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism” by Yves Smith from Chapter 10 on page 270 and I quote: “In early February 2009, newly installed Treasury Secretary Timothy … Continue reading

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Ways of Hiding Your Huge Profits If You’re A Corporation Or An Investment Banker

The following is an excerpt from the excellent book “ECONNED: How Unenlightened Self Interest Undermined Democracy and Corrupted Captialism” by Yves Smith from Chapter 10 on page 291 and I quote: “It would be better if I were wrong, but … Continue reading

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