Bank Of America shifts its toxic assets and derivatives into FDIC-insured accounts! This could well be the straw that breaks the camel’s back, leading to financial Armageddon. Why is this legal? An account of various other illegal acts committed by the big financial organizations with impunity – no punishment, often no fines and no consequences. The latest ridiculous plans to “save” the European Union and its faltering currency. Why the various financial institutions collapsed and why this is about to happen again. The most effective “solution” to the European crisis: benign neglect.
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