‘Big five’ bank customers vent anger by taking their money elsewhere
Angry bank customers have been voting with their wallets and bombarding co-ops, building societies and credit unions with applications for current accounts over the past week, after the NatWest...
View ArticleThe Libor scandal explained
According to news reports, UK banks fixed the London interbank borrowing rate (Libor) with the complicity of the Bank of England (UK central bank) at a low rate in order to obtain a cheap borrowing...
View ArticleEx-Goldman Sachs banker appointed as new governor at Bank of England
Osborne’s choice for governor of the Bank of England will do nothing to prevent the next collapse of the financial system. Today the chancellor confirmed that there will be no real change at the Bank...
View ArticleAustralia has no gold
After a campaign throughout 2012 to seek clarity in regards to the location of Australia’s Gold Reserves the Reserve Bank of Australia (RBA) has confirmed today in an email to me that 99.9% of their...
View ArticleThe gold price manipulation article the Financial Times removed
Two days ago the FT released a clear, informative and fact-based article, titled simply enough “Gold price rigging fears put investors on alert” in which author Madison Marriage, citing a report by the...
View ArticleBank of England claims: no more taxpayer bailouts
New rules are being proposed that will force creditors, not taxpayers, to carry the losses of banks deemed “too big to fail.” The plans come after Western taxpayers were asked to pay trillions of...
View ArticleUK banks won’t survive another recession
Former Bank of England governor Mervyn King has warned that British banks are too weak to weather another financial crisis, adding that government officials haven’t “got to the heart” of what went...
View Article‘Big five’ bank customers vent anger by taking their money elsewhere
Angry bank customers have been voting with their wallets and bombarding co-ops, building societies and credit unions with applications for current accounts over the past week, after the NatWest...
View ArticleThe Libor scandal explained
According to news reports, UK banks fixed the London interbank borrowing rate (Libor) with the complicity of the Bank of England (UK central bank) at a low rate in order to obtain a cheap borrowing...
View ArticleEx-Goldman Sachs banker appointed as new governor at Bank of England
Osborne’s choice for governor of the Bank of England will do nothing to prevent the next collapse of the financial system. Today the chancellor confirmed that there will be no real change at the Bank...
View ArticleAustralia has no gold
After a campaign throughout 2012 to seek clarity in regards to the location of Australia’s Gold Reserves the Reserve Bank of Australia (RBA) has confirmed today in an email to me that 99.9% of their...
View ArticleThe gold price manipulation article the Financial Times removed
Two days ago the FT released a clear, informative and fact-based article, titled simply enough “Gold price rigging fears put investors on alert” in which author Madison Marriage, citing a report by the...
View ArticleBank of England claims: no more taxpayer bailouts
New rules are being proposed that will force creditors, not taxpayers, to carry the losses of banks deemed “too big to fail.” The plans come after Western taxpayers were asked to pay trillions of...
View ArticleUK banks won’t survive another recession
Former Bank of England governor Mervyn King has warned that British banks are too weak to weather another financial crisis, adding that government officials haven’t “got to the heart” of what went...
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