Global monetary policy, big banks & geo-politics in the Trump era

The following is the transcript from my speech: Shifting US-Japan Geo-Politics, Banking Landscape and Financial Regulations in the Trump Era. It was given on July 11, 2017 at the Canon Institute for Global Studies in Tokyo, Japan: President Trump has talked a lot about America First. Over the last 6 months, we have seen that [...]

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Watchdog that cleared KPMG is run… by cronies from KPMG!

The watchdog panel which cleared KPMG of wrongdoing over the collapse of HBOS was stuffed with former staff members of the tainted accountancy firm. An investigation by the Mail has found at least three former KPMG employees served on the committee which oversaw the investigation into the firm’s audit of the toxic lender. Together, these [...]

Bank Robbery: Transition to a new money system

http://positivemoney.org/wp-content/uploads/2017/06/Screenshot-2017-06-27-18.37.32-650x300.png The transition would involve a one-off re-definition of money units as units of pure property, not ownership of debt from banks. The rest of this chapter addresses money not created as debt, but as circulating ‘pure’ money. This kind of money is referred to by reformers as ‘sovereign money’ or ‘pure money’. The transition, [...]

Edmond de Rothschild fined for alleged involvement in 1MDB scandal

The Luxembourg Financial Sector Supervisory Commission (CSSF) has ordered the private bank Edmond de Rothschild to pay a fine of almost €9 million as part of its alleged involvement in the Malaysian 1MDB misappropriation scandal. "The CSSF communicated the conclusion of the administrative procedure to Edmond de Rothschild (Europe) on 21 June," the private bank [...]