Bailout

G20 Rules Make Bank Bail-ins a Reality

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.

Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives

The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and depositors and taxpayers could be liable, following repeal of key portions of the Dodd-Frank Act signed into law on December 16th. On December 11th, […]

America’s wealthiest families smash income ceiling, middle-class left far behind

By Robert Bridge | RT | December 18, 2014 Despite, or because of, the fallout from the 2007 Great Recession, annual earnings between the richest Americans and everybody else have exploded to record levels. Meanwhile middle- and lower-class wealth growth remains stagnant. The median wealth for high-income families hit $639,400 last year, a whopping 7 […]

Interview 939 – Geneva Business Insider with David Smith

This month on the Geneva Business Insider, James and David preview next week’s Scottish independence vote and the various political forces that are clashing as the Scottish people go to the polls. We discuss the push for NATO membership, EU membership and a central bank for “free” Scotland and how it undermines the entire push for independence. We also examine the latest on the ceasefire in Eastern Ukraine and the specter of a cyber-hacking bank bailout.

Wall Street wins again: Bank of America settlement with US government is insufficient, critics say

RT | August 22, 2014 While the US government touted its “record” settlement reached this week with Bank of America for mortgage fraud that helped fuel the 2008 recession, the details of the agreement indicate yet another light punishment for an offending Wall Street titan. Bank of America agreed to a $16.65 billion settlement with […]