Tag Archives: bank

Swamp Draining? “Fed’s top 3 leaders are leaving their posts”

“New York Fed President William Dudley — one of the most watched policymakers on Wall Street — said Monday he will step down from his post in mid-2018, about six months before his term is set to end… Dudley’s announcement … Continue reading

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“IMF Says Venezuela’s Inflation Rate May Rise Beyond 2,300% in 2018”

“Venezuela’s triple-digit annual inflation rate is set to jump to more than 2,300 percent in 2018, the highest estimate for any country tracked by the International Monetary Fund.” https://www.bloomberg.com/news/articles/2017-10-10/imf-warns-against-complacency-even-as-global-growth-gains-steam This is the fruits of socialism; debt and destruction.

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Good News: “Bankers face prison as Denmark gets tough on money laundering”

“Danish authorities are to tighten anti-money laundering laws following the recent revelations in the so-called Panama Papers. The proposal is longer prison sentences for individuals involved in financial crimes… The Panama Papers investigation last year uncovered that around 500 banks … Continue reading

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“Venezuela opposition accuses Goldman Sachs of financing dictatorship”

“The president of Venezuela’s opposition-run Congress on Monday accused Wall Street investment bank Goldman Sachs of “aiding and abetting the country’s dictatorial regime” following a report that it had bought $2.8 billion in bonds from the cash-strapped country… …Goldman paid … Continue reading

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MASSIVE NEWS! “Trump Weighs Breaking Up Wall Street Banks”

“President Donald Trump said he’s actively considering a breakup of giant Wall Street banks, giving a push to efforts to revive a Depression-era law separating consumer and investment banking. “I’m looking at that right now,” Trump said of breaking up … Continue reading

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Slap on the wrist Lawsuit for 9/11 Terrorist Attacks — “Saudi banks, bin Laden companies sued by US…”

“Two Saudi banks, along with businesses related to the family of Osama bin Laden face more than $4 billion in lawsuits over the September 11, 2001 terror attacks. Reuters reports the plaintiffs are more than two dozen US insurers.” https://www.rt.com/business/384711-us-saudi-arabia-911-lawsuit/Continue reading

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“Bill making cryptocurrencies legal way of payment comes into force in Japan “

“New legislation authorizing digital currency [Example: Bitcoin] as a legal payment method has come into force in Japan. The text of the law was released by Japan’s Financial Services Agency on March, 24.” https://www.rt.com/business/383101-japan-law-bitcoin-currency/

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