How Citigroup wrote the US budget and effectively repealed the Dodd-Frank bank reforms (video)


On 5 December 2014 the US congress approved an “omnibudget” that included provisions drafted by the banking behemoth Citigroup that repealed a key part of the Dodd-Frank Act banking reforms requiring banks to place their high risk derivatives businesses into … Continue reading

The Blackstone and Codere scandal: “just another day on Wall Street” (video)


In the securities industry, much of the multi-trillion dollar trading that occurs in the markets remains un- or under regulated.  One such under regulated market is the trading of Credit Default Swap‘s, the banking industry’s own weapons of mass destruction. … Continue reading