Elizabeth Warren: What Level of Criminality Will It Take to Shut Down a Bank?

How far above the law can Banks go before they will be brought to account, besides a fine that is considered a cost of doing business? It’s a good question.

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In Honor of the 70th Anniversary of the Munich Students Movement – ‘The White Rose’

“Many people think of our times as being the last before the end of the world. The evidence of horror all around us makes this seem possible.

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Love Remains

At that time many will falter, and betray and despise each other, and false prophets will appear and deceive many people. Because of the increase of wickedness, the love of many will grow cold, but those who stand firm to the end will be saved.

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A Closer Look At the Gold Chart For a Break and Run Possibility

What seems fairly obvious is that the law calls for MF Global to file a Chapter 7 bankruptcy in which customers are given seniority to creditors, rather than a Chapter 11 non-broker bankruptcy in which the customer interests are not upheld.

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Corzine, MF Execs and JPM Named in RICO Lawsuit

Privately sponsored RICO lawsuits have a difficult time obtaining the types of information that are required to make a conspiracy case unless they get lucky in the discovery process or find a willing whistleblower.

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JP Morgan Chase Accused of ‘Brazen Bankruptcy Fraud’

Maybe this was their warm up for the shenanigans in the MF Global bankruptcy case. Or their long term manipulation of the silver market.

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Sprott Physical Silver Trust PSLV Brings Out Its Follow On Offering

And as anticipated those buying the Trust at those 30 percent premiums will take about a ten percent hit on this offering.   The premiums must have been indicative of a short squeeze and not of a shortage in physical silver per se.

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Sachs: The Price of Civilization

anything goes in the pursuit of wealth, with its roots in the 1980’s at least.   As we have seen throughout history and in our own experience, the heirs of other people’s hardship and unearned wealth through luck or birth often become dissolute and corrupt in their later years.

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January 8: Andrew Jackson Day Remembered

It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes. Distinctions in society will always exist under every just government. Equality of talents, of education, or of wealth can not be produced by human institutions.

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Warren Pollock and Ann Barnhardt Discuss MF Global and a Possible Bank Holiday

Ann Barnhardt and Warren Pollock have an interesting discussion about the financial crisis, the setting of legal precedent, netting, settlement, and future trends including a possible bank holiday.

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