Archive for the ‘Money of the Beast’ Category
Lawmaker Seeks FBI Files On Financial Crash; Wants To See Why No Bank Execs Were Arrested – Consumerist
Millions of Americans lost their jobs, houses, savings, and more when the housing market collapsed under the weight of mortgages that should never have been approved, let alone bundled and converted into worthless, toxic securities. And yet, no senior Wall Street bank executives were ever charged with a crime. Now one U.S. congressman is asking to look at the FBI files to find out why. In a letter [PDF] sent yesterday to FBI Director James Comey, Rep. Bill Pascrell (NJ) points out that in 2004 — four years before the collapse — the FBI had already expressed concerns about questionable mortgage practices that would ultimately result in the loss of trillions of dollars in household wealth.
Congratulations are in order for Nicky Hilton, who married James Rothschild in London Friday.
Hilton and Rothschild wed in the Orangery in the Kensington Gardens at Kensington Palace. The bride wore a Valentino haute couture lace wedding gown, according to E! News, with long sleeves, a high neckline and elaborate train.
The 31-year-old got engaged to the banking heir last year, three years after they first met at the 2011 wedding of Petra Ecclestone and James Stunt, the New York Times reported. They have since split their time between the U.S. and England.
The Greek parliament approved a referendum on the latest offer of a debt deal by the country’s EU-IMF creditors by a majority vote late Saturday night, according to the assembly’s count. The banks will remain shut six days, following a recommendation Sunday by the Bank of Greece, Prime Minister Alexis Tsipras announced.
Threat of War: Russia Gets Very Serious on “De-dollarizing”. The Russia-China “Silk Road” Strategy | Global Research
Russia is about to take another major step towards liberating the Ruble from the Dollar System. Its Finance Ministry just revealed it is considering issuing Russian state debt in Chinese Yuan. That would be an elegant way to decouple from the dependence and blackmail pressures from the US Treasury financial terrorism operations while at the same time strengthening the bonds between China and Russia–Washington’s worst geopolitical nightmare.
Russian Deputy Minister of Finance, Sergei Storchak, announced that his ministry is making a careful study of what would be required to issue Russian bonds denominated in Chinese Yuan. The latest news is part of a long-term strategy between Russia and China that goes at the heart of American hegemony—the role of the dollar as the leading world central bank reserve currency.
The dollar is used in some 60% of central bank reserves today. The second largest is the Euro. Now clearly China is carefully moving, as the world’s largest trading nation, to create its Renminbi or Chinese Yuan as another major reserve currency.
WikiLeaks has published 17 secret documents related to a controversial trade agreement currently being negotiated behind closed doors between the US, EU and 23 WTO members. NGO Global Justice Now called the leak “a dark day for democracy.”
The Federal Government will sign a memorandum of understanding that will allow Australia to participate in negotiations to set up the $100 billion China-led Asian Infrastructure Investment Bank (AIIB) bank.The Beijing-based bank was launched late last year and is designed to help finance development projects like road, rail and power infrastructure in the rapidly growing Asian region.More than 20 countries have signed on as founding members.In the past month, major Western powers including Britain, France, Germany and Italy have also announced their intention to join.
SEOUL: South Korea said on Thursday it has decided to seek to be a founding member of the Asian Infrastructure Investment Bank (AIIB), another key US ally joining the China-led institution despite Washington’s misgivings.
Read more at: http://economictimes.indiatimes.com/articleshow/46703986.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
During these years of economic crisis, Greeks are hiding their money under the mattress instead of keeping it in the bank, says a Bloomberg report.
In the months following the announcement of snap elections, Greek banks have lost billions in deposits. The Bloomberg report says that the funds “missing” are not transferred to other banks but are most likely hidden under mattresses or under bathroom tiles.
Data provided by the Bank of Greece indicate that the money withdrawn have been transferred to other accounts. The data is based on estimating banknotes in circulation, the amount of which do not show a significant rise.