A Safe and a Shotgun or Publicly-owned Banks? The Battle of Cyprus Posted on March 21, 2013 by Ellen Brown If these worries become really serious, . . . [s]mall savers will take their money out of banks and resort to household safes and a shotgun. – Martin Hutchinson on the attempted EU raid on …
Occupy the SEC Comment Letter on the Volcker Rule
Dear Sirs and Madam: Occupy the SEC1 submits this comment letter in response to the above-mentioned regulatory agencies’ (“Agencies”) notice of Proposed Rulemaking (“NPR”, “Proposed Rule”)2 implementing Section 619 of the Dodd-Frank Act (“the Act”).3 Occupy the SEC is a group of concerned citizens, activists, and financial professionals with decades …
Sheila Bair’s resignation from FDIC
A publication from The New York Times Sheila Bair’s Bank Shot By JOE NOCERA Published: July 9, 2011 It was midmorning on a crisp June day, and Bair, the 57-year-old outgoing chairwoman of the Federal Deposit Insurance Corporation — the federal agency that insures bank deposits and winds down failing …
Energy & Capital: Conventional Economic Forecast But With Some Good Insights
The G20’s Wall of Doom: Five Trends for Q4 By Christian A. DeHaemer | Friday, October 22nd, 2010 As I write this, the preliminary meeting for the Group of 20 largest economies is taking place. U.S. Treasury Secretary Tim Geithner wants to force the Chinese to inflate the yuan to …