HSBC’s criminal clients

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Salon.com

Tuesday, Jul 17, 2012 11:05 AM EDT


Money laundering for drug dealers, terrorists and gangsters is the latest evidence of financial sector corruption
HSBC's criminal clients
(Credit: Reuters/Toby Melville)

And you thought bankers fixing interest rates and playing games with mortgage-backed securities was bad? How about laundering money for Mexican drug dealers, the Russian mafia and Mideast terrorists?

JPMorgan pressed on emails in US energy prices probe

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BBC.co.uk
18 July 2012 Last updated at 13:02 ET

Commuters are reflected in stone as they walk past the JP Morgan headquarters in New York 17 May 2012
Energy regulators have subpoenaed the
emails twice as part of an investigation

 

US authorities investigating claims JPMorgan manipulated the electricity market have challenged the bank's refusal to hand over subpoenaed emails.

The Federal Energy Regulatory Commission (Ferc) is looking into complaints from grid operators in California and 11 Midwestern states.

The bank is accused of profiting from loopholes in the bidding process to drive up prices by some $73m (£47m).

To read the rest of this story, visit BBC.

IMF warns eurozone crisis at critical stage

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PressTV.ir
Wed Jul 18, 2012 6:23PM GMT

A structure showing the Euro currency sign is seen in front of the European Central Bank (ECB) . (file photo)

A structure showing the Euro currency sign is seen in front of the European Central Bank (ECB) . (file photo)


The International Monetary Fund has warned that the eurozone is in “critical” danger and there is “a sizable risk” of deflation in the single currency bloc.


“The euro area crisis has reached a new and critical stage,” the IMF said in a report on the state of eurozone policy published on Wednesday.

“Despite major policy actions, financial markets in parts of the region remain under acute stress, raising questions about the viability of the monetary union itself,” the report added.

 

Bank bailout fails to ease fears for Spain

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Arizona Daily Star
The Associated Press
July 20, 2012

Bank bailout fails to ease fears for Spain


Concerns about Spain's crippling financial problems flared again Friday as even news that the country had been given the final go-ahead for a bank bailout loan of up to (EURO)100 billion ($122.9 billion) failed to take the sting out of a further round of bad economic news.

Zombie Horde Descends On UCSF Mission Bay To Protest Fee Hikes, Perform 'Thriller' [Updated]

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GFP Note: Be sure to click on the video link in the story.

SFist.com
By Andrew Dalton in
on July 18, 2012 3:45 PM

 

Photo credit: Steve Rhodes
 

During a meeting of the UC Regents at UCSF's Mission Bay campus this morning, dozens students and campus workers dressed as zombies protest possible tuition fee hikes across the University of California system. The Regents are expected to approve a proposal to raise tuition fees for up to 57 programs on UC campuses, which had the modest group of walking dead breaking out in to a flash-mobby rendition of Michael Jackson's 1982 megahit.

Bahraini police fire tear gas on thousands of protesters (PHOTOS, VIDEO)

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RT.com
Published: 21 July, 2012, 02:53
Edited: 21 July, 2012, 13:31



 

Violent clashes erupted in Bahrain as thousands protested the government’s move to limit political marches. Police used tear gas and, reportedly, rubber bullets to disperse the crowd, which responded with firebombs.

Clashes erupted in the Bahraini capital Manama and several other places. Police were using tear gas against the crowds as the protests continued into the night.­

Demonstrations were aslo held in the villages of Diraz, Bilad al-Qadeem, and Musalla, where protesters called for the ouster of the royal al-Khalifa family. At least one protester was reportedly injured by riot police in Musalla.

The ruling elite want to ban anti-government marches to prevent the disruption to traffic and curb street violence, as at least 50 people have been killed in the country since February 2011.

The opposition described the move as a new attempt by the monarchy to silence it.

Lucas – The Many Levels Of Truth On The Road To Ascension

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Lucas – The Many Levels Of Truth On The Road To Ascension – 21 July 2012

It is still difficult for us to let our spirit and heart guide us to the truth that is the truth from your perspective and level in the spiraling vortex of energetic growth and expansion. What is yours is still yours but also is One with that what is of the greater picture and beholds all views, opinions, information as it all.

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