Big Banks Face Another Round of U.S. Charges

Written on October 8th, 2014 in politics Comments Off

Published on New York Times, by BEN PROTESS and JESSICA SILVER-GREENBERG (and with Jenny Anderson and Matthew Goldstein), Oct 6, 2014.

The Justice Department is preparing a fresh round of attacks on the world’s biggest banks, again questioning Wall Street’s role in a broad array of financial markets … //

… The charges will most likely focus on traders and their bosses rather than chief executives. As a result, critics of the Justice Department might view the cases as little more than an exercise in public relations, a final push to shape the legacy of Attorney General Eric H. Holder Jr., who was blamed for a lack of criminal cases against Wall Street executives.  

Yet the breadth of the suspected wrongdoing in the currency inquiry — Deutsche Bank, Citigroup, JPMorgan Chase, Barclays and UBS are among the dozen or so banks under investigation — might distinguish it from the piecemeal nature of the crisis-era investigations … //

… (full text, hyper-links, video, comments).

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Pak’s monkey business, on Geopolitical Analysis, by K.N. Pandita, Oct 7, 2014;

3,000 ISIS fighters reportedly cross into Iraq as Kurdish forces prepare to fight, on Russia Today RT, Oct 7, 2014;

‘Stop ISIS!’ – Kurdish protesters storm Dutch parliament in The Hague (PHOTOS, VIDEO), on Russia Today RT, Oct 6, 2014;

2,000 evacuated as ISIS flag raised on outskirts of Kobani, Syria, on Russia Today RT, Oct 6, 2014;

Systemic Shame: Germany’s Woeful Asylum Infrastructure, on Spiegel Online International, by Matthias Bartsch, Jürgen Dahlkamp, Markus Deggerich, Hubert Gude, Conny Neumann, Maximilian Popp, Andreas Ulrich, Wolf Wiedmann-Schmidt and Steffen Winter, Oct 6, 2014 (Photo Gallery): Horrific images from a German asylum home have recently focused attention on the country’s broken system for sheltering refugees. Political failures and climbing numbers have resulted in chaos — and even the use of right-wing extremists as guards …;
(short-video in german – Link in: Misshandlungsverdacht in Asylunterkunft, Video zeigt Gewalt gegen Flüchtling, Sept 29, 2014);

Pak restructuring regional strategy, on Geopolitical Analysis, by K.N. Pandita, Sept 24, 2014;

Change Kashmir discourse, on KASHMIR and IDP’s, by K.N. Pandita, Sept 15, 2014;

On distraction-free reading experiences, on enigma, by Christophe F. Batista, June 26, 2014;

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