Tag: banks

The CFPB isn’t being targeted because it has failed. It has been targeted because it is succeeding. It must be defended at all costs.

What is unique and potentially revolutionary about a national blockchain currency is that it would eliminate the need for banks in the payments system.

With four former executives of Kaupthing Bank having their convictions upheld this week, Iceland is showing the world that it's possible to prosecute bankers. So when will the U.S. catch on?

The recent crisis in Greece offers yet another illustration of Wall Street’s powers of persuasion and predation as Goldman Sachs has profited from Greece’s debt. This is now an issue of morality, don't you think?

Hillary Clinton won’t propose reinstating a bank break-up law known as the Glass-Steagall Act and this just might be the biggest mistake in her presidential campaign. Is Clinton still too close to Wall Street?

According to mainstream media, the current economic crisis in Greece is due to the government spending too much money on its people that it went broke. This claim however, is a lie. It was the banks that wrecked the country so oligarchs and international corporations could benefit.

The government can't stop corporate crime until it starts charging the financial felons for the crimes they oversaw. It's time the banksters themselves feel the heat.

James Dimon, CEO of JP Morgan Chase is complaining that “banks are under assault.” But America’s largest Wall Street empire has illegally deceived and cheated its way to the top. Dimon should be grateful he’s not in jail.

JP Morgan is facing another multi-billion dollar fine for massive illegalities. But why is John Pierpont Morgan whining about the most recent fine? He's never actually had to pay the price and go to jail.