NZ Herald | 2 Nov 2015 Retrenchment will cost 29 Auckland jobs as bank joins Goldman Sachs in servicing clients from Australia. Deutsche Bank’s Frankfurt headquarters. The global banking giant is shedding 35,000 staff and will shut its NZ operation. Photo / AP Moves by global financial players to close New Zealand-based operations are disappointing…
Washington Post | 28 Oct 2015 Fifteen of the biggest players in the $14 trillion market for credit insurance are also the referees. Firms such as JPMorgan Chase & Co. and Goldman Sachs wrote the rules, are the dominant buyers and sellers and, ultimately, help decide winners and losers. Has a country such as Argentina…
Raw Story | 21 Oct 2015 Reykjavík, Iceland – In stark contrast to the record low number of prosecutions of CEO’s and high-level financial executives in the U.S., Iceland has just sentenced 26 bankers to a combined 74 years in prison. The majority of those convicted have been sentenced to prison terms of two to…
Economic Collapse News | 8 Sept 2015 Central banking has metastasized into a mixture of insouciance and ignorance. Today’s crop of central bankers believe they’re the smartest people in the room who have all the answers and can manipulate every facet of the economy. This thinking creates the booms and busts, the recessions and depressions.…
Democracy Now! | 21 May 2015 Five of the world’s top banks will pay over $5 billion in fines after pleading guilty to rigging the price of foreign currencies and interest rates. Citigroup, JPMorgan Chase, Barclays and Royal Bank of Scotland pleaded guilty to conspiring to manipulate the price of U.S. dollars and euros exchanged…
Zero Hedge | 26 April 2015 In recent years, there has been much shock and stunned reactions among the general public as one after another banker avoided any prison time, despite perpetrating (and benefiting from the subsequent bailout) the biggest financial crisis know to mankind. But is this shock warranted? The simple answer: no. Consider the case…
Zero Hedge | 12 April 2015 Over the centuries there have been many stories, some based on loose facts, others based on hearsay, conjecture, speculation and outright lies, about groups of people who “control the world.” Some of these are partially accurate, others are wildly hyperbolic, but when it comes to the historic record, nothing…
Collective Evolution | 5 Feb 2015 Recently, constitutional lawyer Rocco Galati won yet another round of appeals set forth by the Bank of Canada in a case involving two Canadians who filed an action in federal court to restore The Bank of Canada to its original purpose and operations. This is a very significant story…
Andrew Gavin Marshall | Occupy | 14 Jan 2015 his is the eighth installment in a series examining the activities and individuals behind the Bilderberg Group. Read the first part, second part, third part, fourth part, fifth part, sixth part and seventh part in the series. Central banks have been among the most important and influential institutions throughout the financial and debt crises of…
Ellen Brown | Web of Debt | 6 Jan 2015 Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” But they have been bullied for too long…