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Posts Tagged ‘Fraud Dank’

UK Leads, USA Follows: Changing Banking for Good

Posted by Larry Doyle on June 19th, 2013 8:10 AM |

At one point in time, the USA may have been viewed as the preeminent world leader on major financial issues.

While many arrogant bankers, regulators, and political leaders here in the USA might care to continue to believe they hold that leadership position, I think most who might read this blog know that those days have passed.

Dodd-Frank reformed our financial system? Really? Then why is it that bankers from Citigroup are virtually writing entire new legislation under the heretofore now designated Fraud-Dank umbrella?

If we care for a more honest assessment of the comparably incestuous, crony, corruptible dynamic at play within these parts, let’s redirect our focus across the pond. (more…)






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