The phrase consent of the governed has been turned into a cruel joke. There is no way to vote against the interests of Goldman Sachs. Civil Disobedience is the only tool we have left. We will not halt the laying off of teachers and other public employees, the slashing of unemployment benefits, the [...]

El fundador de WikiLeaks, Julian Assange, promete revelar un paquete de documentos secretos del disco duro de un ejecutivo de un gran megabanco estadounidense. En 2009, dijo a Computer World que ese banco es el Bank of America (BofA). En 2010 dijo a Forbes que la información era suficientemente importante para “derribar [...]

Wikileaks anuncia grandes revelaciones sobre los bancos más importantes de Estados Unidos. Por supuesto, ya sabemos que el mundo de las finanzas se ha impuesto sobre la economía real. Ahí está la política macroeconómica, completamente subordinada a las necesidades del sector financiero. Pero Wikileaks confirmará algo más grave: la supremacía del [...]

Source: The Daily Beast Wall Street’s big banks are playing dangerous new accounting games—and this time taxpayers are on the hook for hundreds of billions. Nomi Prins uncovers a scandal in the making. by Nomi Prins December 1, 2009 Enron was the financial scandal that kicked off the decade: a giant energy trading company that appeared to be doing [...]

by Sue Reisinger October 22, 2009 New documents in the Bank of America Corp. investigation show that chief executive Ken Lewis apparently misled federal officials when he asked them to cough up $20 billion and other financial incentives to keep him from canceling the bank’s merger with Merrill Lynch & Co., Inc. Lewis told the feds that he [...]

por AFP October 13, 2009 WASHINGTON – US banks and securities firms could pay a record 140 billion dollars to its staff this year, a rebound in compensations that comes despite regulatory scrutiny of Wall Street pay culture, a report said Wednesday. Workers at 23 top investment banks, hedge funds, asset managers and stock and commodities exchanges can [...]

por Sam Stein 27 de enero, 2009 El 17 de octubre de 2008, tres días después que el Bank of America Corporation recibiera 25 mil millones de dólares en fondos federales de ayuda urgente, convocó a una audio-conferencia destinada a organizar la oposición a la Ley de Libre Elección del Empleado (EFCA, por su sigla en inglés), [...]

HSBC earned more than £650m in fees from work for Textron, US manufacturer of cluster weapons by Nick Mathiason October 29, 2009 The deadly trade in cluster bombs is funded by the world’s biggest banks who have loaned or arranged finance worth $20bn (£12.5bn) to firms producing the controversial weapons, despite growing international efforts to ban them. HSBC, led [...]

by Matthew Jaffe October 5, 2009 WASHINGTON – The Treasury Department and the Federal Reserve lied to the American public last fall when they said that the first nine banks to receive government bailout funds were healthy, a government watchdog states in a new report released today. Neil Barofsky, the special inspector general for the Troubled Asset Relief [...]

by Chris Adams October 4, 2009 WASHINGTON — The federal government is engaged in a massive mortgage modification program that’s on track to send billions in tax dollars to many of the very companies that judges or regulators have cited in recent years for abusive mortgage practices. The firms, called mortgage servicers, have been cited for badgering, manipulating [...]