big banks
War on Cash: Desperate VISA Begs Merchants With $10,000 Bribe to Go Cashless
A war on cash has surreptitiously and duplicitously come to pass, as Big Banks and Big Credit attempt to convince their millions of oft-captive customers to make the leap away from currency and into plastic — a surefire means of gaining access to more of your funds through repressive policies and monstrous fees. Writing a…
Read MoreFinancial Weapons Of Mass Destruction: The Top 25 U.S. Banks Have 222 Trillion Dollars Of Exposure To Derivatives
The recklessness of the “too big to fail” banks almost doomed them the last time around, but apparently they still haven’t learned from their past mistakes. Today, the top 25 U.S. banks have 222 trillion dollars of exposure to derivatives. In other words, the exposure that these banks have to derivatives contracts is approximately equivalent…
Read MoreAfter US Refused To Charge Them For Laundering Terrorist Money, Megabanks Busted AGAIN
by Annabelle Bamforth An investigative reporting coalition recently released a report alleging a multi-billion dollar money laundering operation that has affected hundreds of banks and companies in 96 countries including the repeat offender, HSBC. In 2012, HSBC, one of the world’s largest banks, settled with the U.S. Government, avoiding criminal prosecution of its executives, for helping…
Read MoreTrump Treasury Secretary Candidate Is Anti-Fed Libertarian Who Wants To Return To The Gold Standard
While speculation swirls over Trump’s pick for the next Treasury Secretary, with eyebrows raised after the President-elect unexpectedly met with Goldman COO Gary Cohn earlier in the day, one of the more interesting names to have emerged in the running for the top economic post is that of John Allison, former CEO of the bank…
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