Tag Archives: Bank

Breaking news – Irelands Bankers being Arrested and Charged!

The former Chief Executive and Chairman of Anglo Irish Bank has appeared in court in Dublin charged in connection with financial irregularities at the bank. Seán FitzPatrick was charged with 16 offences under Section 60 of the Companies Act. Read … Continue reading

Posted in Economics, Headlines | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

HSBC ‘allowed drug cartels to launder money’

Al Jazeera Lax controls at Europe’s largest bank, HSBC, allowed Mexican drug cartels to launder billions of dollars through its US operations, an investigation by the US senate has found. The extensive report on London-based HSBC Holdings PLC by the … Continue reading

Posted in Economics, Headlines | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Exclusive: Goldman Sachs VP Changed His Name, Now Advances Goldman Lobbying Interests As Top Staffer To Darrell Issa

Source: ThinkProgress Has Rep. Darrell Issa (R-CA) turned the House Oversight Committee into a bank lobbying firm with the power to subpoena and pressure government regulators? ThinkProgress has found that a Goldman Sachs vice president changed his name, then later … Continue reading

Posted in Headlines, Ponerology | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Exclusive: Barclays insider lifts lid on bank’s toxic culture

James Moore The Independent A former senior Barclays employee today exposes the “culture of fear” that operated at the bank and claims Bob Diamond would have been aware of his traders’ activities. Speaking exclusively to The Independent, the banker alleges … Continue reading

Posted in Economics, Headlines, Ponerology, Society | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Inside Story – Rigged bank rates: Is there more to come?

Al Jazeera In the wake of the bank rate-rigging scandal, Bob Diamond, Barclays chief executive, announced his resignation from the post with immediate effect, on Tuesday. In a statement, Diamond, who faced mounting calls to step down, said he made … Continue reading

Posted in Economics, Economics, Headlines, Videos | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Revenge of a fallen titan: Ousted Barclays boss makes damning claims Bank of England and Labour ministers were involved in rigging interest rates

James Chapman & Becky Barrow Daily Mail Bob Diamond last night implicated large parts of the Establishment in the rate-fixing scandal. In a spectacular act of revenge, the fallen financial titan turned on the Bank of England, Whitehall officials and … Continue reading

Posted in Economics, Headlines, Politics, Ponerology | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Grin and share it: Former PM Tony Blair alleged to have earned up to £80million since 2007

This Is Money Reporter This Is Money Former Labour Prime Minister Tony Blair could have earned as much as £80million since leaving office five years ago. An interview at the weekend suggests that last year alone he raked in £20million … Continue reading

Posted in Headlines | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Brussels plans European banking union from 2013

BBC News A single regulator to oversee banks across all 27 European Union states could be in place as early as 2013 according to the European Commission. A controversial new bank bailout fund financed by a tax on financial institutions … Continue reading

Posted in Economics, Headlines, Politics | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Christine Lagarde’s fairytale world

Manuel Barcia Blogs Independent A few days ago the Head of the International Monetary Fund (IMF), Christine Lagarde, had the audacity to suggest that instead of resisting the neo-liberal austerity measures prescribed by her organization, in agreement with the EU … Continue reading

Posted in Economics, Headlines, Philosophy, Politics, Society | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment