Globalization’s Game of Thrones- Part II: Managing the Wealth of the World’s Dynasties
Whoever wins this ‘Game of Thrones,’ the people lose
Whoever wins this ‘Game of Thrones,’ the people lose
The stories, players & structures of the world’s dominant dynasties
Think of any period in human history when empires and imperialism were common features of society, whether from ancient Egypt, Rome, China, to the Ottomans and the rise of the European and Japanese empires. There is an institution that – with few exceptions – was prevalent across most imperial societies: the family dynasty.
Wells Fargo- A Mega-Money Laundering, Drug War Profiteering, Prison-Industry Enlarging Global Bank
Citigroup- A Bank with a sordid history of predatory profiteering & criminal activity
In the second quarter of 2013, the third-largest U.S. bank by assets, Citigroup, posted a 42% increase in profits which CEO Michael Corbat praised as a “well balanced” result of “cost cutting” programs, including the firing of 11,000 workers.
The Bi-Polar World of Rich Bankers in the North Racking Up Record Profits
On July 16, 2013, Goldman Sachs, the fifth largest US bank by assets announced its second quarter profits doubled the previous year to $1.93 billion. J. P. Morgan, the largest bank made $6.1 billion in the second quarter up 32% over the year before and expects to make $25 billion in profits in 2013.
Wells Fargo, the fourth largest bank, reaped $5.27 billion up 20%. Citigroup’s profits topped $4.18 billion, up 42% over the previous year.
Bank of America: Too Big to Fail, Too Big to Jail & Too Connected to Change
Meet the Elites & Their Unparalleled Access to Policy-Makers Around the World
Anyone who has paid even minimal attention to the global economic and financial crises gripping the world since 2007 has heard the name Goldman Sachs.
Meet the Elites at the Biggest & Most Connected Bank
In May, JPMorgan Chase was listed as the largest bank in the world with assets at roughly $4 trillion — some $1.53 trillion of it in derivatives. This was reported a month after the announcement that the bank had posted a record first-quarter profit of $6.5 billion.