This results in a lot of inflation in the markets as the computers duel with each others, and is the opposite of transparency. Or, for that matter, good business sense from a managerial point of view. If you guess right, you do well; if you screw up, you screw up. Your investors get screwed, and you get wealthy.
Robin Hood Minor Asset Management Cooperative (http://www.robinhoodcoop.org/) is an innovative alternative to Wall Street banks and financial institutions. It’s also the world’s cooperatively owned hedge fund.
Cape Town Reports: International Investors that are intending to invest in Africa have to think twice, that’s according to experts that say that unlike the Titanic that went down with it light on, South Africa is sinking and going down with its lights off at a rapid rate
World News Tomorrow Washington DC USA Reports: Skype refused to take down a fake account after it was notified by the European Centre for Information Policy and Security, ECIPS that it was hosting two fake accounts in the name of the President of the ECIPS. Investigative journalism found two fake accounts on Skype using the […]
“A shocking crime was committed on the unscrupulous initiative of few individuals, with the blessing of more, and amid the passive acquiescence of all”. –Tacitus This quote has been repeated in many forms by many American Presidents since George Washington, by patriotic American politicians, diplomats, militiary officers, academicians, few journalists, and a few courageous […]
Instead of a worldwide War on Terror based on illusory fears we, as a society, must institute a worldwide War on Poverty (the feeding ground of social unrest and revolt) and in the process reinforce our innate desire of altruism and social cooperation versus separation and social deprivation.
The latest megalomaniacal threat from the financial globalists wants to saddle the world economy with a cost of trillions of dollars that benefits favorite corporatists. The phony global warming cult has a core purpose.
Goldman again got off scot-free. On August 9, the Justice Department dropped criminal fraud charges. Evidence the equivalent of enough firepower to sink a carrier battle group was buried and forgotten. More on what happened below.
Economic/financial systems dependent on wars and predation eventually self-destruct. Western capitalism is no exception.
Money power runs things. War profiteering is policy. Ordinary people have no say. Exploiting them for profit is prioritized. Divisions between rich and poor grow. By some measures they’re unprecedented.
Behind the smoke and mirrors of a corrupt financial system are the vampires of Wall Street ~ the unregulated Derivative Traders whose feeding frenzy continues unabated and all backed up by the federal Reserve.
China’s re-emergence as a world economic power raises important questions about what we can learn from its previous rise and fall and about the external and internal threats confronting this emerging economic superpower for the immediate future.
Founded in 1882, the Bank of Cattaraugus (B of C) exception proves the rule. Located in Western New York, it’s miles from Wall Street’s cesspool of fraud, market manipulation, grand theft, bailouts, and influence peddling in league with corrupt politicians getting generous campaign contribution bribes in return.