The Real World News and Comment:
What the Mainstream Media Isn’t Allowed to Show You
Material Selected by Roy Perlmutter July 18 2012
The Illusion of Choice By Joel Bowman
You didn’t build that.
Tim Geithner “Aided and Abetted” LIBOR Crimes: Jim Rickards
“The last thing the banks want is a rise in interest rates that would drive down the values of their holdings and reveal large losses masked by rigged interest rates.” The Libor rate rigging scandal was all about keeping the financial system and the big banks from failing
Alison Krauss – The scarlet tide
HSBC boss quits for failing to stop money laundering
HSBC has been forced to apologize publicly before the US Senate – and saw its compliance chief resign – over facilitating a multi-billion-dollar money-laundering operation for drug gangs, terrorists and rogue nations worldwide.
Date Set for Audit the Fed Vote!
The rule of thumb is that a bank should be very concerned if their Texas Ratio hits 50%. And it used to be that any bank with a troubled asset ratio over 100% would be closed by regulators any Friday.
Peter Schiff – This Is My Single Greatest Fear
A Crisis Veiled in Public Spectacle By Bill Bonner