An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe. It is called the Bank for International Settlements, and it is the central bank of central banks. … Continue reading
Executives at collapsed Iceland bank jailed for fraud REYKJAVIK | Fri Dec 28, 2012 12:17pm EST REYKJAVIK Dec 28 (Reuters) – Two former executives at an Icelandic bank which collapsed in the 2008 financial meltdown were sentenced to jail on … Continue reading
Bank accepts carbon credits as currency The idea of buying and selling carbon credits stored in trees on farms or in forests, has been adopted by an international merchant bank. Rothschild Australia is setting up a managed investment scheme, that … Continue reading
U.S. v. Bank of America/Countrywide, et al. Complaint Manhattan U.S. Attorney Sues Bank Of America For Over $1 Billion For Multi-Year Mortgage Fraud Against Government Sponsored Entities Fannie Mae And Freddie Mac FOR IMMEDIATE RELEASE Wednesday, October 24, 2012 … Continue reading
Drug money has a way of sprawling. And some of it may have reached Bank of America. A federal probe into Los Zetas, a Mexican drug cartel, claims that the group has been laundering money through accounts at BofA, according … Continue reading
Eurozone leaders are pushing ahead with plans for a single banking authority (WSJ) situated in the European Central Bank, a first step toward developing a eurozone banking union. The new banking supervisor would be able to activate the permanent euro … Continue reading
The second Barclays announced its $450 million Libor settlement, it was all over – the lawyers smelled not only blood, but what may be the biggest plaintiff feeding frenzy of all time. Which is why it was only a matter … Continue reading
Unparalleled levels of imprudent lending; corrupt banking practices; soaring inflation and rising unemployment; government bank bailouts and an economy dependent on increasing levels of debt to sustain growth. Sound familiar? It would have done to Britons in the 1830s. The fact … Continue reading
Posted on July 2, 2012 by WashingtonsBlog … But Receive Only a Light Slap on the Wrist We noted Friday: Barclays and other large banks – including Citigroup, HSBC, J.P. Morgan Chase, Lloyds, Bank of America, UBS, Royal Bank … Continue reading
Bank of America, which last fall announced plans to lay off 30,000 workers, is about to go on a hiring spree—overseas. America’s second-largest bank is relocating its business-support operations to the Philippines, according to a high-ranking Filipino government official recently … Continue reading