Posts tagged 'Basel Switzerland':

We Need an Oversight System for the Bank for International Settlements

March 16, 2011

Posted by in Financial crisis with one comment

There needs to be a system of oversight and checks and balances that monitors and corrects (as needed) The Bank for International Settlements, and its subordinate unit called the Financial Stability Board.

These organizations are making decisions behind closed doors that affect the economies of the nations of earth. Read more »

The Financial Crisis Inquiry Commission issued it conclusions last week.

February 8, 2011

Posted by in Financial crisis with 5 comments

 The report covers what the Commission views as causes of the financial crisis. The report is 150 pages long and covers a great deal of material in a great detail. Some of the information is valuable perhaps much of it is valuable. The problem with the report is that it addresses only symptoms. It never truly gets to the actual cause of the financial crisis. Read more »

Bank for International Settlements’ Infamous Basel Committee

December 28, 2010

Posted by in Financial crisis with no comments

 Much has been made about the enormous bonuses paid to executives of investment banks such as Goldman Sachs. Indeed, I have written on Goldman’s gluttony myself in Crisis by Design The Untold Story Of The Global Financial Coup and elsewhere. Read more »

Financial Crisis and the Financial Stability Board

December 20, 2010

Posted by in Financial crisis with one comment

Readers of Crisis by Design will recall that the “heart of the beast” is the Financial Stability Board, housed in the Bank for International Settlements in Basel, Switzerland and Chaired by the ex-Goldman Sachs executive, Mario Draghi. Read more »

Who’s Going to be Controlling your Retirement?

December 6, 2010

Posted by in Financial crisis with no comments

If I told you that a group of international bankers in a board room in Basel, Switzerland had recently been empowered to create policy that would directly affect your personal retirement income, your shareholder rights, your personal savings, and more, you would likely write me off as a conspiracy wacko. Read more »

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