Despite spending trillions of dollars on the bailout plans, banks are still hoarding cash.
• Banks borrow record $437.5 billion per day from Fed
• Government’s Last Stand
• JPMorgan Responsible for the Destruction of U.S. Financial System
• Thank You, Mr. President
• ‘Incident’ Costs French Bank 470m
• AD: See the Future - Subliminal Messages in Video
Calls for a new financial world order have increased with EU leaders poised to meet US officials this weekend to demand a “Bretton Woods II” reform of global institutions.
• No Mass Mania for Gold Yet - Less than 1% of Public in Western World Have Invested in Gold
• U.S. Stocks Tumble a Third Day, Wiping Out Rally; GE Slumps
• Oil down 50pc from July high
• What Happens Now to Plan to Buy Toxic Bank Debt?
• Don’t Blame Capitalism
• Spot Gold Price Is Now Meaningless
• Run on Russian bank heightens fears
• Ukraine may borrow up to $15bn from IMF
• ECB gives Hungary €5bn credit line