The Musings Of Elizabeth Warren Leave A Big Question Unanswered

  Elizabeth Warren   Among the people who noticed that something was wrong with how banks were issuing credit before the financial crisis was a Harvard professor called Elizabeth Warren.Her prescience helped to propel her from obscurity to Congress, where she is now the senior senator for Massachusetts. Politics occasionally provides openings for youthful candidates…

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World map of organized crime have profoundly changed in 25 years

  Since the death of Italian anti-Mafia magistrate Giovanni Falcone 20 years ago, how much has organized crime spread internationally? The trans-continental dimensions of the Sicilian Mafia, Cosa Nostra, was already clear to the legendary prosecutor in 1980 when he took up the “Pizza Connection” case against Salvatore Inzerillo and the boss of the Gambino…

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Law Of Banking Jungle: Gadaffi Money Becomes Rebel Money $33 Billon

    U.S. to allow Libyan rebels access Gaddafi’s frozen $33bn       Libya’s rebels will be given access to part of the $33bn of Libyan state assets that have been frozen at US banks, Secretary of State Hillary Clinton said. Clinton’s announcement that the US is creating a legal framework for rebels to…

Bankrupcy-Proof Banks Sends Sound and Fury Worldwide

The G20 group of the world’s most important economies are poised to make an unprecedented announcement: the earth would stop turning if certain banks went bankrupt. According to British daily The Financial Times, the G20 will unveil a list of 20 banks it considers literally “too big to fail”, when the group meets in Seoul,…