Banking

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Divest! Banks and institutions dumping dirty fossil fuel money

Institutions are reacting to public outrage over fossil fuel investments. Through divestment from fossil fuels, profits that wreak havoc on our planet are being diverted to alternative energy and other investments that can provide a sustainable tomorrow for the world’s citizens. by Carolyn Fortuna  Divestment decisions last month at Harvard University heartened student activists and reinforced a […]

May 26th

Divest! US Bank agrees to dump pipeline financing!

One of America’s leading banks, U.S. Bank, announced in April that it would formally exclude all gas and oil pipelines from its project financing. In a revision to the company’s Environmental Responsibility Policy, U.S. Bank stated that it no longer “provide project financing for the construction of oil or natural gas pipelines.” Further, U.S. Bank explained that […]

May 16th

Don’t expect Panama Papers prosecutions any time soon

By Meteor Blades An unnamed senior federal law enforcement official told NBC News Sunday that prosecutors and agents are “champing at the bit” to go after criminals by using the leaked Panama Papers that reveal tax evasion and money-laundering by highly prominent people in several nations. But it won’t be easy. There are legal barriers to simply sifting through those 11.5 […]

April 11th

Panama Papers fallout – from US to Iceland (bankster PM quits!)

By Meteor Blades The prime minister of Iceland resigned Tuesday as the weekend exposé of off-shore tax haven shenanigans from the Panama Papers claimed its first major casualty. The year-long investigation carried out by 370 journalists of the International Consortium of Investigative Journalists (a project of the Center for Public Integrity) was sparked by a massive document leak from the files of the Mossack Fonseca law firm. Their work […]

April 6th

Bernie Sanders says fraud is Wall Street’s business model

By Meteor Blades His Tuesday afternoon speech about Wall Street was exactly what you would expect from Bernie Sanders on one of his signature issues: Focused. Fiery. And… well… fabulous. The Vermont Senator didn’t pull any punches: “Greed, fraud, dishonesty and arrogance. These are some of the words that best describe the reality of Wall Street today.” Fraud, he declared, “is […]

January 5th

James Howard Kunstler – Where the hell did all the gold go?

By James Howard Kunstler If the FBI can track down two homicidal Chechen nobodies inside of forty-eight hours of their Boston bombing caper, you kind of wonder how come the Bureau can’t detect the odor of racketeering, insider trading, and wire fraud in this month’s orchestrated smackdown of the gold futures markets, including the parts […]

April 22nd

James Howard Kunstler – Money meltdown

By James Howard Kunstler The basic operating system of global banking today is… accounting fraud. And it has become that way stealthily, insidiously, for about fifteen years now. Nothing is what it appears to be anymore. What remains are games of musical chairs, Ponzi schemes, frauds, swindles, stonewalls, ruses, ploys, scams, dodges, bluffs, subterfuges, QE […]

March 25th