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Swiss Shocker Triggers Gigantic Losses For Banks, Hedge Funds And Currency Traders

By Michael Snyder Economic Collapse Blog January 20, 2015   Swiss Shocker Triggers Gigantic Losses For Banks, Hedge Funds And Currency Traders     The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe.  Citigroup and Deutsche Bank both […]


Financial Market Manipulation Is The New Trend: Can It Continue? 1

By Dr. Paul Craig Roberts Paul Craig Roberts.org   Financial Market Manipulation Is The New Trend: Can It Continue? Financial Imperialists Attack Russia   A dangerous new trend is the successful manipulation of the financial markets by the Federal Reserve, other central banks, private banks, and the US Treasury. The Federal Reserve reduced real interest […]

Dr. Paul Craig Roberts

Another Oligarch Wrist Slap: Citigroup Settles in Secret on Housing Fraud Charges

Source: http://libertyblitzkrieg.com By Michael Krieger Another Oligarch Wrist Slap: Citigroup Settles in Secret on Housing Fraud Charges   Guess what just happened?  In case you forgot, the Federal Housing Finance Agency (FHFA) had previously accused Citigroup of violating securities laws and making misrepresentations of billions of mortgage bonds.  Unsurprisingly, Citigroup settled, which is just a […]

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The Untouchables

DOJ Calls It A Hit Piece: Frontline – The Untouchables

Source: http://video.pbs.org/video/2327953844 Watch The Untouchables on PBS. See more from FRONTLINE. Even a fiat currency and the casino game of fractional reserve standards are not enough to cover the never ending greed.  Banks use your deposited money plus imaginary reserve policy funds to make bad bets, and lose.  But who really lost?  The banks get […]


Deutsche Bank whistleblowers: Former staff reveal $12bn crisis cover-up 1

Source: http://rt.com Germany’s largest bank might have failed to admit up to $12 billion of unrealized losses during the financial crisis, as stated in a complaint filed by three former Deutsche Bank employees to the US securities regulators. ­The complaint claims that Deutsche Bank hid $12 billion in losses on credit derivatives during the 2008-2009 […]