FINANCIAL

Who Owns The Federal Reserve?

05/21/2014 0

By: Ellen Brown “Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and […]

GOVERNMENT

Lew’s Time at Citigroup Division was Profitable

01/09/2013 0

Jacob J. Lew, President Obama’s presumed choice to lead the Treasury Department, has close ties to Wall Street, receiving more than $900,000 in bonus cash from a division of Citigroup just as the company was […]

FINANCIAL

Spain Gets €39bn Aid for Banking

12/13/2012 0

Spain has received a 39.5 billion euros aid package from the European Stability Mechanism to keep the country’s banking system afloat. “The funds from the European Stability Mechanism (ESM) have been received…for the Group One […]

FINANCIAL

Auto Bailout Loss Could Exceed $70 Billion

12/11/2012 0

(Photo Getty Images) Courtesy of the $83 billion auto bailout – on which we are already poised to lose more than $40 billion – the taxpayers are stuck with 26% stock ownership of General Motors […]