Browsing the "banking" Tag

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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

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