The first ever GAO(Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in [...]
Archive for the ‘Corruption’ Category
Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts | Unelected
Posted in America, Banking, Corruption, Debt, Political on July 21, 2011 | Leave a Comment »
Criminal Charges Loom For Goldman Sachs After Scathing Senate Report | Forbes
Posted in America, Banking, Corruption, Economics, Foreclosures, Fraud, Governance on April 14, 2011 | Leave a Comment »
By Halah Touryalai A Senate panel released a damning report accusing the likes of Goldman Sachs of engaging in massive conflicts of interest, contaminating the U.S. financial system with toxic mortgages and undermining public trust in U.S. markets in the months leading up to the financial crisis. Just when you thought Washington lawmakers were over [...]
Report: Big Profits Drove Faulty Ratings at Moody’s, S&P | McClatchy Newspapers
Posted in America, Banking, Corruption, Economics, Foreclosures, Fraud, Governance on April 13, 2011 | Leave a Comment »
By Kevin G. Hall Analysts who reviewed complex mortgage bonds that ultimately collapsed and ruined the U.S. housing market were threatened with firing if they lost lucrative business, prompting faulty ratings on trillions of dollars worth of junk mortgage bonds, a Senate report said Wednesday.The 639-page report by the Senate Permanent Subcommittee on Investigations confirms [...]
Foreign Banks Tapped Feds Secret Lifeline Most at Crisis Peak | Bloomsberg
Posted in America, Banking, Corruption, Foreclosures on April 1, 2011 | Leave a Comment »
By Bradley Keoun and Craig Torres U.S. Federal Reserve Chairman Ben S. Bernanke’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya. Dexia SA (DEXB), based in Brussels [...]
The Unsustainability of Modern Capitalism | Information Clearing House
Posted in America, Banking, Corruption, Economics, Money, tagged Banking, capitalism, Money, power-structure on February 27, 2011 | Leave a Comment »
Daily Bell: Please treat this interview as if no one knew about you or your bestselling books. Give us some background on where you grew up and how you entered the CIA. John Perkins: I grew up in New Hampshire and went to business school in Boston. At that time, I was approached by the [...]
Biggest Scam in World History Exposed | Conscious Media Network
Posted in Banking, Corruption, Money, Political, tagged Banking, governance, Law on February 10, 2011 | Leave a Comment »
The greatest scam in history has been exposed — and has largely been ignored by the media. In fact, it’s still going on. The specifics of a secret taxpayer funded “backdoor bailout” organized by unelected bankers have been revealed. The data release revealed “emergency lending programs” that doled out $12.3 trillion in taxpayer money ($16 [...]















