If Too-Big-to-Fail means Too-Big-to-Jail it should mean Too-Big-to-Be

… the US needs the Iceland option – Published on Dissident Voice (first on This Can’t Be Happening), by Dave Lindorff, May 16, 2015.

In a couple of days, the so-called US Justice Department will be announcing an “agreement” reached with five large banks, including two of the largest in the US — JP Morgan Chase and Citigroup, the holding companies for Chase and Citibank — under which these banks or bank holding companies will plead guilty to felonies involving the manipulation of international currency markets.   Continuer la lecture de « If Too-Big-to-Fail means Too-Big-to-Jail it should mean Too-Big-to-Be »

Five Major Banks to Plead Guilty to Rigging Currency Markets

Published on Global Research.ca (also on World Socialist Web Site WSWS), by Andre Damon, May 15, 2015.

Five major international banks are expected to plead guilty as soon as next week to criminal charges in the US related to their deliberate manipulation of global foreign exchange markets, which allowed them to rake in billions of dollars at the expense of retirees, university endowments and municipalities.   Continuer la lecture de « Five Major Banks to Plead Guilty to Rigging Currency Markets »

Bemerkungen, Meinungen, Streitereien

The Arab Boat

… it’s an Arab-Palestinian Nakba, and We Are All Refugees – Published on Dissident Voice, by Ramzy Baroud, May 13, 2015.

In a western capital far away from Gaza and Cairo, I recently shared a pot of tea with an Egyptian refugee.

The term is familiar to me, but never have I encountered an Egyptian who refers to himself as such. He stated it as a matter of fact by saying: as an Egyptian refugee … and carried on to talk about the political turmoil in his country.   Continuer la lecture de « The Arab Boat »