The Mockery of Banking Discipline
February 2, 2014 12:00 am Leave your thoughtsPart 7 of Eric Toussaint series, Banks versus the People: the Underside of a Rigged Game
Eric Toussaint
Part 7 of Eric Toussaint series, Banks versus the People: the Underside of a Rigged Game
In October 2012, the IMF provided a key explanation of why the crisis was getting worse in Europe
Part 5 of Eric Toussaint's series Banks versus the People: the Underside of a Rigged Game shows that big banks continue playing with fire, because they are persuaded that governments will save them whenever necessary
From the 12th century to the beginning of the 14th, the Knights Templar, present in much of Europe, had become the bankers for the powerful and had taken part in the financing of several crusades
The primary objective of the world's leaders is to avoid another banking and financial crash that could be worse than the one in September 2008
We should not underestimate the capacity of the elites to make the most of a crisis situation writes Eric Toussaint
The European Central Bank and the Federal Reserve are at the service of the major private banks
Eric Toussaint looks at 2007-2012: Six years that shook the banking world