Ellen Brown / TruthdigJul 6, 2016
Brexit could trigger a $500 trillion derivatives meltdown by forcing the European Union to allow insolvent member governments and banks to write down debt. But there's an alternative. Dig deeper ( 6 Min. Read )
By Ellen Brown / Web of DebtDec 29, 2015
While the mainstream media focus on Islamic State extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the United States. Dig deeper ( 7 Min. Read )
Robert Scheer / TruthdigJun 30, 2015
“What is this Goldman Sachs and why has it caused us so much grief?” is a question they must be asking in even the most remote of Greek villages, as they are throughout much of this economically troubled world. (Reposted) Dig deeper ( 3 Min. Read )
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Alexander Reed Kelly / TruthdigNov 2, 2013
American austerity is finally having one of its deep, pernicious effects in the service of runaway capitalists -- preventing government regulators from regulating due to inadequate funds. Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigAug 31, 2013
The first of a planned three-part series on the dangers of private banking highlights government documents describing plans to confiscate the deposits of individuals as well as cities, universities, counties and pension funds when another banking crash occurs. Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigAug 11, 2013
U.S. authorities may arrest two former JPMorgan Chase employees in connection with their alleged role in hiding $6.2 billion in losses in what became known as the "London Whale" scandal, two people familiar with the situation say. Dig deeper ( 2 Min. Read )
Alexander Reed Kelly / TruthdigAug 8, 2013
In a quarterly regulatory filing Wednesday, the nation's biggest bank revealed that it faces a criminal and civil investigation into "whether it sold shoddy mortgage securities to investors in the run-up to the financial crisis" between 2005 and 2007. Dig deeper ( 2 Min. Read )
By Ellen Brown, Web of DebtApr 10, 2013
With taxpayer bailouts no longer an option, a major derivatives crisis could transfer money currently held by state and local governments and citizens -- secured and unsecured, insured and uninsured -- into the hands of derivative claimants. Dig deeper ( 8 Min. Read )
Alexander Reed Kelly / TruthdigDec 21, 2012
The owner of the “icon of American capitalism” is being sold to an Atlanta-based derivatives company for $8.2 billion as Wall Street’s trademark practice of high-energy verbal trading gives way to the digital kind. Dig deeper ( 1 Min. Read )
Staff / TruthdigMay 15, 2012
University of Missouri-Kansas City professor, author and former financial regulator William Black explains what’s wacky about JPMorgan Chase’s version of events that led to the firm's $2 billion loss in the derivatives market last week. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 14, 2012
We're guessing that outgoing Goldman Sachs executive director Greg Smith's last day on the job Wednesday was pretty awkward, given what he had to say about his employer in a scorching Op-Ed article printed in The New York Times for the occasion. Dig deeper ( 2 Min. Read )
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