Bank for International Settlements

Last month’s G20 Summit in Australia came and went without the protests and riots we’ve come to expect at the summit in recent years. But as author and researcher Ellen Brown notes, the real fireworks happened behind closed doors, where the group rubber stamped new regulations that will make Cyprus style bank bail-ins a worldwide reality.
This is the GRTV Feature Interview with Ellen Brown and your host, James Corbett.

Today attorney, author and researcher Ellen Brown of EllenBrown.com joins us to discuss her article on “The Global Bankers’ Coup: Bail-In and the Shadowy Financial Stability Board.” We talk about the G20 and their rubber-stamping of the FSB’s proposed bail-in rules, what this shadowy body is and how it interlocks with the Bank for International Settlements, and what this means for depositors in the wake of the next banking crisis.
SHOW NOTES:

On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses.

On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide turned when Jamie Dimon, CEO of JPMorganChase, stepped into the ring. […]

The Group of Thirty, a preeminent think tank that brings together dozens of the world’s most influential policy makers, central bankers, financiers and academics, has been the focus of two recent reports for Occupy.com’s Global Power Project. In studying this group, I compiled CVs of the G30′s current and senior members: a total of 34 individuals.

Here is a summary I prepared of my interview with Dr. Stan Monteith on Radio Liberty, December 3, 2013. 2m – Canada now more economically free than the United States 3m – most recent to free enterprise in U.S. was for nearly 30 years after the end of the privately owned Second (central) Bank of […]