Banker // Current TV

First photos of people's court where bankers will be tried in London

These are the first pictures of the People's Court in London where the 1% will be... more

worrg
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Gorka - Global Economy (Official Music Video)

Credits: Singer-Composer-Songwriter: Gorka Cruz Music Video concepts and directed:... more

Vierotchka
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3 months ago
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Operation Satiagraha - Brazil Corruption Scandal exposed - Former Sao Paulo mayor, banker arrested

Once Again Pandora’s box was opened. In a joint move between LulzSec and... more

worrg
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6 months ago
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WHAT WOULD ROOSEVELT DO?

HOW ROOSEVELT HANDLED THIS SAME CRISIS. These are not uncharted waters. This... more

COMMONSENSEFORCOMMONGOOD_COM
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11 months ago
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Matthew Koder Joined Bank Of America

Matthew Koder has been named as the head of Bank of America for global corporate and... more

shaadimeo
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11 months ago
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Weekly Audit: Wall Street Destroyed $8 for Every $1 Earned

by Lindsay Beyerstein, Media Consortium blogger Tonight, President Barack Obama... more

MediaConsortium
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Nigeria's top banker wins international recognition

Nigeria is frequently cited as one of the most corrupt countries in the world, but its... more

eva2
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1 year ago
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Sonja Kohn Bernie Madoff’s Evil Twin

Latest News Updates Bernie Madoff's evil twin Ms Sonja Kohn is hit with $19.6B... more

websmeo
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John Utendahl, Banker with Banks on Wall Street; Money Never …

John Utendahl is among the successful African-Americans on the Wall Street. Born in... more

garrysobbers
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The Twilight of the Elites - 10 Ideas for the Next 10 Years - TIME

In the past decade, nearly every pillar institution in American society — whether it's General Motors, Congress, Wall Street, Major League Baseball, the Catholic Church or the mainstream media — has revealed itself to be corrupt, incompetent or both. And at the root of these failures are the people who run these institutions, the bright and industrious minds who occupy the commanding heights of our meritocratic order. In exchange for their power, status and remuneration, they are supposed to make sure everything operates smoothly. But after a cascade of scandals and catastrophes, that implicit social contract lies in ruins, replaced by mass skepticism, contempt and disillusionment.

In the wake of the implosion of nearly all sources of American authority, this new decade will have to be about reforming our institutions to reconstitute a more reliable and democratic form of authority. Scholarly research shows a firm correlation between strong institutions, accountable élites and highly functional economies; mistrust and corruption, meanwhile, feed each other in a vicious circle. If our current crisis continues, we risk a long, ugly process of de-development: higher levels of corruption and tax evasion and an increasingly fractured public sphere, in which both public consensus and reform become all but impossible.

For more than 35 years, Gallup has polled Americans about levels of trust in their institutions — Congress, banks, Big Business, public schools, etc. In 2008 nearly every single institution was at an all-time low. Banks were trusted by just 32% of the populace, down from more than 50% in 2004. Newspapers were down to 24%, from slightly below 40% at the start of the decade. And Congress was the least trusted institution of all, with only 12% of Americans expressing confidence in it. The mistrust of élites extends to élites themselves. Every year, public-relations guru Richard Edelman conducts a "trust barometer" across 22 countries, in which he surveys only highly educated, high-earning, media-attentive people. In the U.S., these people show extremely low levels of trust in government and business alike. Particularly distrusted are the superman CEOs of yore. "Chief-executive trust has just been mired in the mid- to low 20s," says Edelman. "It started off with Enron and culminates in Citi."

Such figures show that the crisis of authority extends beyond narrow ideological categories: Big Business and unions, Congress and Wall Street, organized religion and science are all viewed with skepticism. So why is it that so much of the country's leadership in so many different walks of life performed so terribly over this decade? While no single-cause theory can explain such a wide array of institutional failures, there are some themes — in particular, the concentration of power and the erosion of transparency and accountability — that extend throughout.

Read more: http://www.time.com/time/specials/packages/article/0,28804,1971133_1971110_1971117,00.html#ixzz0iQYu4JDjIn the past decade, nearly every pillar institution in American society —... more

Monkey_Films
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1 year ago
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YouTube - Gordon Brown Calls For A World Constitution - Feb. 2010

February 19, 2010 In a speech for the Communists (left) parities of the world,... more

Monkey_Films
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1 year ago
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Banker caught looking at topless girls live on TV

I'm no banker but I'm pretty sure those pictures have nothing to do with... more

richjm
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2 years ago
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Congratulations! You’re Donating $2,000 per Family to Wall Street’s Bonuses « SpeakEasy

President Obama won’t tell us in his State of the Union address. The deficit hawks won’t crow about it. Don’t expect the Tea Party or Rush and Beck to highlight our generosity either. But the sad fact is this: During the worst year since the Great Depression, with 30 million people out of work or forced into part-time jobs, Wall Street is awarding itself $150 billion in bonus money…..and it comes from us!

That’s $500 for every man, women and child in the country — $2,000 for a family of four. (Maybe we should try deducting it from our income taxes as a charitable donation.)

Had we not bailed out the financial sector, there would be no bonus pool this year. Zip, zero, ziltch.

It seems like financial Alzheimer’s setting in as many forget how all this happened. Wall Street, and no one else, crashed the economy through its fantasy finance extravaganza. It created, sold and traded a slew of newfangled financial instruments that were supposed to remove risk from risky investments. Wall Street went begging for subprime debt in order to create and market their new financial securities, the most profitable activity in their history. As a result of their securitization casino, which leveraged bet upon bet, the housing market turned into a bubble and finally burst. Wall Street had miscalculated, big time. The risk returned with a vengeance.

Not matter what Rick Santelli proclaims, government interference didn’t cause the crash. Greedy, stupid home buyers didn’t cause the crash. Poor people backed by the Community Reinvestment Act didn’t crash the system. And China didn’t cause it either. The book should be closed on this: Wall Street’s fantasy finance casino did us in. (Please see The Looting of America for a fuller account.)

Once housing prices stopped their meteoric rise, the entire precarious structure of bets piled upon subprime loans, turned toxic. The banking system froze and the real economy was tossed off a cliff. We truly were on our way to the next Great Depression.

Policy leaders of all stripes bailed out the financial system because they thought there was no choice–and that was true to an extent. Preventing total financial collapse was necessary. The choices to be made were about how to prevent a further collapse and what kinds of demands we’d make on the banks that had brought disaster upon themselves and the rest of us. Bush, Paulson, Bernanke, Obama, Geithner, Summers and Congress made their choices. They poured money into the banking sector like never before. We gave the Wall Street banks gigantic loans and enormous guarantees on their toxic assets. We gave them TARP. It all totaled to more than $12 trillion, with most of it still in play, even after the TARP repayments. (See Nomi Prins’s excellent accounting..)

We can, and should, argue about whether the bailout was put together properly. A strong case can be made that the victims (the public), rather than the perpetrators (Wall Street’s casinos), should have received our support. Clearly, there were much better ways to rescue the failing economy and produce jobs, which is still by far our number one problem.

Wall Street was saved from bankruptcy, including Goldman Sachs which now cavalierly insists that it didn’t really need the bailout money (yet it took $12.9 billion of taxpayer support via AIG, and tossed it into its bonus pool.) Wall Streeters actually think they’ve earned the $150 billion in bonuses through their own cleverness. Think again. It’s nothing more than taxpayer welfare.

Of course, no one wants to admit that we put the richest people in the world on welfare. It’s embarrassing to acknowledge that we are rewarding those who killed millions of jobs. And worst of all, our political establishment doesn’t have the nerve to take our money back.

More at the link:President Obama won’t tell us in his State of the Union address. The deficit... more

WeAreChangeKy
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2 years ago
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How Main Street Got Shafted While Wall Street Bounced Back | | AlterNet

Unless you work on Wall Street, you've probably had a hard year. Don't... more

WeAreChangeKy
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2 years ago
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The Bilderburg Group: 120 People Rule The World and They Want You Dead!

Welcome to a new year and a new age. This is the year that the people wake up or get wiped out.

Illegal wars,False Flag Attacks, laboratory made pandemics, poisoning your water, 90% population reduction planned, poisoning your food, pharmaceuticals you don't need, weather control, mercury in your vaccine, attacks on your immune system, squalene, gulf war syndrome, predictive programming, autoimmune disorders,violations of your privacy and taxes and more taxes to pay for the wars.

In the past, these were the talk of conspiracy theorists. Not anymore. Activists like We Are Change, Alex Jones, Daniel Estulin, David Barnhart, Jesse Ventura, Cory and Brandon Hignite and many others have taken the criticism and pushed on. Today, these conspiracies are being proven true. The internet and file sharing are allowing us to get the message out to more and more people.

The truth is, most of what you think you know is false. Your patriotism has been used to keep you blind to what the man behind the curtain has been doing. The truth is being brought from the shadows to the light.

You are smart. You are humanity. YOU, can get rid of the shadows that conceal the truth.

This year we must band together worldwide and vow to never let decisions be made for humanity in secret. This year We The People of the Earth share civil liberties, values, rights, needs, wants, desires and love.

Watch this video and the subsequent ones about the Bilderburg Group. Pass them on to your friends and make them viral. When enough people realize what is going on in our world we can then stop this madness. Don't let them buy us with their money and send our sons and daughters to kill their sons and daughters. The soldiers on both sides are casualties of the Bankers' Greed!

Soldiers, drop your weapons and go home! Announce to the enemy, 'We Love You!' Tell the Chinese people WE LOVE YOU. Tell the Iranian people WE LOVE YOU. Tell the Russian people WE LOVE YOU. Tell the Afghans WE LOVE YOU. Tell them in Iraq WE LOVE YOU. Then, go out and meet your neighbors and tell them what you've done and ask them to join with us. Fight the urge to fight. It's time to work as a team, each and every one on each and every Continent. We don't hate each other, they hate each other and make money off wars. No more war profiteering. Before we can fix the planet, first, we have to fix us.

All of this division is nothing but a plan laid out by the elite, Bilderburg Group, and their associates to keep the populations in check and to make them richer. If it's a game to them, well, let's just stop playing.

Love doesn't come in lead, your enemies are all in your head!

Christopher Hignite
Monkey Press 2010Welcome to a new year and a new age. This is the year that the people wake up or get... more

Monkey_Films
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2 years ago
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Nigeria banker fears son is alleged plane attacker - Latest News - Kentucky.com

That would be some disheartening news for any father.

Monkey_Films
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2 years ago
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'Whack a banker' arcade game is a hit

Recession-hit Britons are getting their own back on banks by playing one of the... more

bushama
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2 years ago
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Bank Aid - Do They Loan This Christmas

Bank Aid - Do They Loan This Christmas http://www.youtube.com/watch?v=io00QGNNTEE... more

UKSecretCourts
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2 years ago
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Goldman Sachs Plays at Giving Back to the Little People | Corporate Accountability and WorkPlace | A

Why aren't they in jail yet? Oh, I forgot, they own the law.

Monkey_Films
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2 years ago
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Robin Hood banker jailed

A 'Robin Hood' bank manager who claims she stole more than £210,000... more

sophosthegreat
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2 years ago
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