Tag Archive: Financial crime

Dec 04

Bail-ins and deposit confiscation

goldcore_bloomberg_chart1_03-12-13

From comedonchisciotte.org the (old) ‘Future of Banking in Europe’ Conference report (with some commercial interest by goldocore.com for example) is shocking… One of the aspects of the new negotiation on the European union will be a ‘bail-in’ of deposits when banks fail in the future. Michael Noonan, Ireland’s Minister for Finance at the time, confirmed …

Continue reading »

Permanent link to this article: http://www.opusnet.org/archives/3289

Aug 19

Italy’s world records – #3

Every day the ‘government of professors’ adds miles to its distance from reality. While the burden for new taxes and inflation weights for over 2.300 euro per family in 2012, recession is stronger than ever and taxes fly at the top of EU taxation systems, the professor chats with Tempi (magazine of Comunione e Liberazione, …

Continue reading »

Permanent link to this article: http://www.opusnet.org/archives/697

Jul 21

Other top banks under investigation for LIBOR-EURIBOR rate-rigging

At least four more banks such as HSBC, Deutsche Bank, Société Générale and Crédit Agricole, could be implicated in the scandal of manipulations operated on the primary financial indexes in Europe and the world. Read artciles from Guardian and Sole24ore.

Permanent link to this article: http://www.opusnet.org/archives/532

Jul 20

Catastroika

Like in the disastrous sale of public goods in the former Soviet Union and DDR in the early nineties of XX Century, a limited company is in charge of privatise goods and services in Greece, water and energy included. The authors of Debtocracy, a documentary with two million views broadcasted from Japan to Latin America, …

Continue reading »

Permanent link to this article: http://www.opusnet.org/archives/517

Jul 18

Everybody knew: the LIBOR scandal

New York FED knew about possible ‘problems’ of LIBOR fixing process since 2007, as in its answer to Congressional Request for informationon Barclays-LIBOR matter. Just while Mr. B. Benenke says that Libor is ‘structurally flawed’ (LA Times) and the Fed had pushed for reform of the rate setting process in 2008 when it became concerned …

Continue reading »

Permanent link to this article: http://www.opusnet.org/archives/451