Did the too big to fail US banks just weasel out of having to pay up on a Greek default

The new bail out signed with Greece appears to have opened a Pandora’s box of new corrupt stink as it appears that the ECB (European Central bank run by a Goldman Sachs puppet) changed the rules of the game retrospectively. In case of a Greek default the bond owners now can no longer claim their […]

If you don’t trust the “trader” maybe the head of the Italian UniCredit Securities will do.

And when the banks no longer trust each other, not to lend to each other, the international financial markets stop. This in turn means that all financial institutions left alone with clients. Either the YesMen have infiltrated Italy’s biggest, and most undercapitalied, bank, or the stress of constant, repeated lying and prevarication has finally gotten […]