Tag Archives | banks

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Privatized Services Cost Taxpayers More than Government Funded Services

This article was created by editing down and rewording the articles that are linked throughout—Ed In 33 of 35 cases the federal government spent more on private contractors than on public employees for the same services.  Bad Business: Billions of Taxpayer Dollars Wasted on Hiring Contractors * Health Care: Markups of 100%….1,000%….100,000% In his most […]

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"Jail the Banksters" Occupy button

Bankster Digest: Shenanigans of the 0.01% (updated)

Major Banks Fined $4.3 Billion over Exchange Market Manipulation (Nov. 13) — Six of the world’s largest banks have been fined a collective $4.3 billion for manipulating the foreign exchange market. HSBC, Royal Bank of Scotland, JPMorgan Chase, Citigroup, UBS AG and Bank of America were found to be negligent in traders’ collusion around global […]

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Photo of Bill Black superimposed on textured background with stylized text on the right, "The Black Finance and Fraud Report"

Documents in JPMorgan settlement reveal how every large bank in U.S. has committed mortgage fraud

THE REAL NEWS BLACK: “The United States government, now with the endorsement of the Justice Department, has said that after investigation it found that essentially every large bank involved in the secondary market sales to Fannie and Freddie committed fraud […] and intentional crime. […] There were three of these epidemics of mortgage fraud that […]

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Bank Protests Are Back

OCCUPIED TUCSON CITIZEN Despite the heat of late July afternoons, demonstrators from Occupy Tucson have been targetting Chase Bank in curbside rush-hour protests that remind hundreds of motorists about Chase’s continued risky financial activities. On July 18, protesters stood outside the Chase Bank at Congress and Stone, and a July 25 protest targeted the Chase […]

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