Wells Fargo

Bombshell: Big Banks Funding Production of Internationally Banned Weapons

(COMMONDREAMSDespite the international ban on cluster bombs, more than 150 financial institutions have invested $28 billion in companies that produce them, according to a new report released Thursday.
Bank of America, JP Morgan Chase, and Wells Fargo are among the 158 banks, pension funds, and other firms listed in the “Hall of Shame” compiled by the Netherlands-based organization PAX, a member of the Cluster Munition Coalition (CMC).

If “Too-Big-to-Fail’’ Means “Too-Big-to-Jail” It Should Mean “Too-Big-to-Be”

In a couple of days, the so-called US Justice Department will be announcing an “agreement” reached with five large banks, including two of the largest in the US — JP Morgan Chase and Citigroup, the holding companies for Chase and Citibank — under which these banks or bank holding companies will plead guilty to felonies involving the manipulation of international currency markets.

ISIS and the USA: Expansion and Resistance by Decapitation

By James Petras :: 09.26.2014 Introduction In order to overcome massive US and world public opposition to new wars in the Middle East, Obama relied on the horrific internet broadcasts of ISIS slaughtering two American hostages, the journalists James Foley and Steve Sotloff, by decapitation. These brutal murders were Obama’s main propaganda tool to set […]