Wealth Abuse

“The few who understand the system will either be so interested from its profits, or so dependent on its favors that there will be no opposition from that class.” -Rothschild Brothers of London, 1863 The […]

Taibbi discusses his new book, “The Divide: American Injustice in the Age of the Wealth Gap.” April 15, 2014  | AMY GOODMAN: Earlier this month, attorney James Kidney, who was retiring from the Securities and […]

By Martin Kirk The thing about “international development” is that it’s a bit of a murky, catch-all term. It’s got a good feel to it – if you’re involved in international development, you’re more often […]

By Pam Martens New York Stock Exchange The fallout from the new book, “Flash Boys” by Michael Lewis continues. Yesterday, Jonathon Trugman wrote in the New York Post that “These traders who use the HOV […]

Submitted by Tyler Durden Yesterday, we read with some amusement that Goldman has moved Guy Saidenberg, reportedly one of the greater profit centers at the firm – and how could he not be when he […]

By Andre Damon Last week, Bank of America became the latest major financial institution to announce a multi-billion-dollar settlement with US regulators of charges related to the 2008 financial meltdown. In a settlement worked out […]

An argument its dominance is in decline by Charles Hugh Smith Though the mainstream financial media and the blogosphere differ radically on their forecasts—the MFM sees near-zero systemic risk while the alternative media sees a […]

  By Greg Hunter’s USAWatchdog.com White collar crime expert Professor William Black thinks the nation’s top bankers continue to get away with massive financial crime.  The most recent $10 million fine of former Bank of […]

by Tyler Durden With Switzerland long dead as an offshore tax haven for US savers unwilling to fund Uncle Sam’s central-planning machine (and who can blame them – isn’t monetizing the deficit precisely what the […]

By Washington’s Blog Bloomberg reports that Citigroup has failed the Fed’s new round of stress tests: Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc. and Bank of […]