Tag Archives: Federal Reserve Bank of New York

« Being Bank Of America Means NEVER Having To Say You’re Sorry For Countrywide Fraud »

Must read op-ed from Joe Nocera at the New York Times. The Flavor of Fraud Inside Countrywide The prospect of a second legal assault is more recent. Shortly before the earnings call, Bank of America (nyse: BAC) received a letter from a lawyer representing eight powerful institutional investors, including BlackRock, Pimco and — most amazing […]

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From Global Depression to Global Governance

The role of the corporate elites’ secretive global think tanks   by Andrew Gavin Marshall We now stand at the edge of the global financial abyss of a ‘Great Global Debt Depression,’ where nations, mired in extreme debt, are beginning to implement ‘fiscal austerity’ measures to reduce their deficits, which will ultimately result in systematic […]

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