They Hang Them Here, They Hang Them There, They Hang Them Everywhere, Except in the West

Hat tip Mick MC… This from Tehran. Four bankers condemned to hang, two to lifetime Prison and the rest of some 36 bankers to jail time of anywhere from 25 years, 20 years, 10 years, to less severe sentences. For what? The embezzlement of a mere $2.6 Billion. In China two female bankers have been […]

On Greece’s bancrupcy, JP Morgan’s loss and those pesky Derivatives Johnny “Derivatives” Key and Bill “Double Dipton” English invested in.

Warren Buffet once famously called Derivatives a financial weapon of mass destruction but that hasn’t stopped the out of control banking sector to build a bubble worth $500 trillion to 1.5 Quadrillion and since the profits were privatised while the losses were socialised there has been no risk for the banksters. So if you have […]