Showing posts from September 7, 2009

China financial war on derivatives contracts for their banks

on EBAY search for Fiat Paper Money

and you'll find the book of RALPH T. FOSTER
facinating reading of his research

G20 finance ministers and central bankers have agreed a series of measures to curb excessive bank bonuses, including spreading payments over a number of years, inserting clawback provisions in contracts and forcing financial firms to reveal high earners in annual reports.

Meeting in London at a summit chaired by Alistair Darling, the chancellor, the G20 finance ministers instructed the new Financial Stability Board (FSB) to come up with detailed proposals, some of which will be available in time for the G20 meeting in Pittsburgh later this month.

They deferred a decision on imposing caps on bank bonuses. Officials said caps on individuals bonuses had been rejected but that the Financial Stability Board would examine whether caps on institutions could be introduced, in line with French demands.
Stimulus to continue, G20 pledges
FINANCE ministers of the largest…

Goldman Sachs Are Scum . Max Keiser

Max Keiser on France 24 :
"They are literally stealing a hundred million dollars a day. Goldman Sachs is stealing every day on the floor of the exchange. They should be in the Hague, they should be taken on financial terrorism charges. They should all be thrown in jail"

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