Tag Archives: Citigroup
Bankster elitist Summers to be appointed as Fed chair
The Obama administration is considering nominating Lawrence H. Summers as the next chairman of the Federal Reserve. Senators are speaking out against Mr.. Summers. They are raising questions about potential conflicts of interest and noting his role in the repeal of the Glass-Steagall law, which limited the sorts of activities banks could undertake, and his […]
EU antitrust suit uncovers bankster derivative scheme
Back in 2009, the Justice Department said it was investigating the large Wall Street banks for possible collusion in the huge and opaque credit default swaps market. The question was whether the big financial institutions had worked to keep transactions in these insurance-like instruments closed to competitors and more profitable for themselves. http://www.nytimes.com/2013/07/21/business/trying-to-pierce-a-wall-street-fog.html?nl=todaysheadlines&emc=edit_th_20130721&_r=0 Not much […]
Dirty Babylon 