Tag Archives: bankers

All the Presidents’ Bankers: Nomi Prins on the Secret History of Washington-Wall Street Collusion

Nomi Prins is a very interesting and talented financial journalist and attached is a great in-depth interview with her on Democracy Now. She discusses her new book All the President’s Bankers.

In the book she explores the relationship between the banking establishment and the American presidency. It probably won’t come as a shock but she finds that in many respects Wall Street and Washington have long been partners, and particularly since the establishment of the Federal Reserve in 1913.

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Eric Holder Gives Pass to Banking Criminals at Credit Suisse

He gave a huge one to HSBC which laundered hundreds of millions of dollars for Mexican drug cartels because if he prosecuted he said it could destabilize the financial system. Too big to jail.

Now another one. Holder is retiring soon to defend banks in court (like he did before) so we shouldn’t be surprised. Credit Suisse may very well become a future client. (After a cooling off period of course, to keep things kosher.)

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Senator calls for a Bitcoin ban (Just as Jamie Dimon CEO of JPMorgan “predicted”).

We wrote a couple of weeks ago that Bitcoin was under all out assault. The cryptocurrency was being attacked (and it continues) on all fronts, legally, through DOS attacks, in the media, by Jamie Dimon who surprise surprise said that the government would just regulate the alternative currency out of existence and “that would be the end of them.” Of course JPMorgan, Dimon’s company, has been trying to get its own rival “alternative” currency off of the ground.

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