NOT good,,,
,,, Funny how a corporation is a person until it breaks the law.
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In his first term, President Obama promised to do something about too-big-to-fail banks , which can defraud consumers and poison them with toxic products,
grossly neglect their duties to shareholders, and tank the economy – only to be rescued with public money. There has been much bold talk about fixing the problem; little meaningful action. Today, big banks are even bigger and more dangerous than they were before the financial crisis.
[,,,]
It’s obvious that Obama should live up to his promises and make ending too-big-to-fail a key goal of his second term. But the banking industry is so formidable that its defenders occupy some of the most influential positions in Washington,,,
Too Big to Jail: Big Banks Can Finance Terrorists and Walk Away Scot-Free | Alternet
Welcome to H&C,,, where I aggregate news of interest. Primary topics include abuse with "the church", LGBTQI+ issues, cults - including anti-vaxxers, and the Dominionist and Theocratic movements. Also of concern is the anti-science movement with interest in those that promote garbage like homeopathy, chiropractic and the like. I am an atheist and anti-theist who believes religious mythos must be die and a strong supporter of SOCAS.
Thursday, December 13, 2012
Too Big to Jail: Big Banks Can Finance Terrorists and Walk Away Scot-Free | Alternet
Labels:
Banking,
Current Events,
HSBC,
Too Big To Fail
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