Black Report: Majority of Wall St. Money Now Goes to Romney
THE REAL NEWS Even though many on Wall St. understand need for regulation, most want a free-for-all and damn the consequences.
banks
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 …
Africa and the War Against Offshore Finance
THE REAL NEWS To reduce poverty, Africa needs to demand financial transparency as big banks collude with local corruption.
The Man Who Invented “Too Big to Fail” Banks Finally Recants. Will Obama or Romney Follow?
OCCUPIED TUCSON CITIZEN? I’m in Alaska, amid moose and bear, trying to steal some time away from the absurdities of American politics and economics. But even at this remote distance I caught wind of Sanford Weill’s proposal on CNBC that big banks be broken up in order to shield taxpayers from the consequences of their …
Read moreThe Man Who Invented “Too Big to Fail” Banks Finally Recants. Will Obama or Romney Follow?
Why is No One Freaking Out About the LIBOR Banking Scandal?
OCCUPIED TUCSON CITIZEN The LIBOR manipulation story has exploded into a major scandal overseas. The CEO of Barclays, Bob Diamond, has resigned in disgrace; his was the first of what will undoubtedly be many major banks to walk the regulatory plank for fixing the interbank exchange rate. The Labor party is demanding a sweeping criminal …
Read moreWhy is No One Freaking Out About the LIBOR Banking Scandal?