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A devastating report by Reuters shows that the federal government is focusing on small scale swindlers while ignoring crimes by big banks despite a wealth of evidence against them. The Young Turks host Cenk Uygur breaks it down. www.huffingtonpost.com Subscribe to The Young Turks: bit.ly Download the politics or entertainment hour of this TYT episode: goo.gl Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com

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For more news visit ☛ english.ntdtv.com Follow us on Twitter ☛ http Follow us on Facebook ☛ me.lt Eurozone finance ministers meet in Luxembourg to come up with a plan to avert a Greek debt default. But European markets seem convinced a Greek default is coming. Protesters make themselves at home in the office of Greece's Labor Minister, as they continue venting their outrage over looming public sector dismissals and other austerity measures. The markets believe Greece will ultimately default on its debt - despite firm denials from Eurogroup President Jean-Claude Juncker, at a meeting of euro zone ministers in Luxembourg. [Jean-Claude Juncker, President of Eurogroup]: "We had no one advocating a default for Greece, everything will be done to avoid that and it will be avoided and nobody was advocating an exit of Greece out of the euro area." It's not just Greeks feeling the pain - European finance ministers are considering making banks take bigger losses on Greek debt, after Athens admitted it would miss key deficit targets. Markets received few assurances from the meeting - if anything it stoked concerns about a Greek default. Reuters Banking Correspondent Steve Slater says everyone wants to see more action from European policy makers. [Steve Slater, Correspondent, Reuters Banking]: "At the moment, they seem to be dithering on Greece and a lot of other issues and haven't really come up with anything concrete to reassure people, and the banks in particular." The ministers <b>...</b>

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Feb. 29 - Markets should benefit from extra cash as European banks take up around €500 bln in 3-year loans

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Citi Private Bank is now producing analyst reports on artists as it does for stocks. Reuters finance blogger Felix Salmon and Citi Private Bank Art Advisor Jonathan Binstock debate whether artists should be treated like stocks and if this will cheapen the art world.

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The federal government has imposed new restrictions on bank fees. If you don't have 100K in your accounts, banks aren't chasing your business. In this Money Clip, Lauren Young offers tips to make your accounts more bank friendly. (March 12, 2012)

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Reuters Article: www.reuters.com The judgment of God is on the apostate Babylonian church system. I attach to this video in the description area the link to an article on Reuters: "Banks foreclosing on churches in record numbers." We are not to owe anybody anything. A child of God is not in debt, and these churches are foreclosing because they cannot pay their debt obligations. We read in Proverbs 22:7 "The rich rules over the poor and the borrower becomes the lender's slave." These churches are part of the Babylonian system, they are not part of the Kingdom of God. The Body of Christ which is the true church cannot go bankrupt because it is not a kingdom of this world, but these (churches) are kingdoms of this world. Paul also wrote in Romans 13:8 "Owe nothing to anybody except to love one another." How can these "churches" teach people the truth if they themselves do not even live the truth? There is no truth in them, they are not part of the Kingdom of God. Come out from amongst them, friends. Come out and be holy, follow Jesus Christ and serve Him. Do not be part of this Babylonian system because, it it coming down. The churches are coming down under the judgment of God because they are robbers dens. The Church of Christ, the true Body of Christ cannot come down. The Kingdom of God cannot be destroyed. These churches are not part of the Kingdom of God, they are part of the kingdom of this world. Come out from amongst them or else you will suffer with them. The <b>...</b>

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Feb. 16 - Breakingviews assistant editor Chris Hughes argues that BNP Paribas and SocGen face the double threat of an economic slowdown and a bank-bashing new president in 2012.

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Are you Tired of Bank of America and their Unjustified Overdraft Fees ? Well I am! US banks to make $38 billion from overdraft fees -------------------------------------------------------------------------------- is this include the fee they charge for bouncing a check? finance.yahoo.com (Reuters) - Banks in the United States are poised to make $38.5 billion in customer overdraft fees this year, the Financial Times said, citing research by Moebs Services. A large portion of the revenue is likely to come from the most financially stretched consumers, according to the paper. It said the research showed that many banks have increased charges on overdrafts and credit cards in order to boost profits. The median bank overdraft fee rose this year by one dollar to $26, the paper said, citing the Moebs data. "Banks are returning to a fee-driven model and overdraft fees are the mother lode," Mike Moebs, the company's founder was quoted by the paper as saying. Overdraft fees accounted for more than 75 percent of service fees charged on customer deposits, the paper cited Moebs as saying. Last year the US Federal Reserve approved credit card rules to curb "unfair" practices such as surprise fees and interest rate hikes, and new mortgage lending rules are expected this summer. It is also mulling rules to give bank customers the chance to opt out of overdraft schemes that can involve fees.

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PLEASE SUBSCRIBE!!! * Please visit our website: www.ggnonline.com for more news commentary. * Please donate to GGN www.paypal.com because it would be greatly appreciated. Thank you. (Press TV) The Commonwealth of Virginia is planning to file a bill under which it would begin minting its own gold and silver coins as an alternative currency to the US dollar. - (People's Daily) The country's GDP growth rate will slow to 8.7 percent this year from 10 percent in 2010, and a key challenge in 2011 will be to ensure that anti-inflationary measures do not "significantly" reduce growth, the World Bank said on Thursday. - (EU Times) A grim report prepared by France's General Directorate for External Security (DGSE) obtained by Russia's Foreign Intelligence Service (SVR) states that president's Obama and Sarkozy have "agreed in principal" to create a joint US-European military force to deal exclusively with a Global uprising expected this spring as our World runs out of food. - (Telegraph) The chief executive of one of the world's largest food producers is to warn that the global crisis in food production is reaching "dangerous territory" with prices soaring and demand outstripping supply. - (Reuters) - Banks seized more than a million US homes in one year for the first time last year, despite a slowdown in the last few months as questions around foreclosure processing arose, a leading firm said on Thursday. - (Forbes) The giant US banks have been bailed out again from huge potential <b>...</b>

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LONDON/ZURICH, Sept 16 (Reuters) - Swiss bank UBS said it had lost around $2 billion due to rogue dealing by a London-based trader at the Swiss bank and police said they had arrested a man on suspicion of fraud. Sources close to the situation named the suspect as 31-year-old Kweku Adoboli , who was working as UBS director of exchange traded funds and so-called Delta 1 trading, according to his profile on LinkedIn . Adoboli was arrested during the night at UBS's London office, the sources told Reuters. UBS said it discovered the problem on Wednesday afternoon, but gave no details of the alleged trades involved. Police said they had arrested a man on Thursday after being contacted by the bank and he was in custody . Adoboli, a University of Nottingham computer science and management graduate, was described by a former landlord as a good tenant of a 1000 pound ($1600) per week apartment close to UBS in London's East End, where he lived until recently. His father, John Adoboli, a retired United Nations employee from Ghana, said he knew the financial sector was a high risk area but he had no doubts about his son's competence and integrity. "From what the reports are saying, it could be that he made a mistake or wrongful judgment," he told Reuters by phone from the Ghanaian port city of Tema, saying he had to speak to his son before drawing any conclusions. "I've been calling his phone since and I am hoping he'd be granted bail soon so I can hear his side of the story," he said <b>...</b>

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US death toll in Afghanistan hits 1000 www.reuters.com US commander apologizes on Afghan TV McChrystal attempts to regain trust after airstrike kills 21 civilians www.msnbc.msn.com New US senator helps Democrats advance jobs bill www.reuters.com Republicans Voting Against Stimulus Then Asked Obama for Money www.bloomberg.com Citibank Disclosure Says Customers Must Provide 7 Days Notice to Make Withdrawal www.businessinsider.com www.foxbusiness.com Millions of unemployed face years without jobs news.mobile.msn.com Regulators report 27 percent jump in problem banks finance.yahoo.com More generations living under same roof www.reuters.com Consumer Confidence in US Falls More Than Forecast www.bloomberg.com

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www.blumbergcapitalpartners.com REUTERS June 23. - Blumberg Capital Partners says commercial real estate "will be another real stomach blow" to commercial banks where writedowns could be more than 50-percent. Philip Blumberg, speaking at the 2009 Global Real Estate Summit in New York, says "it's no wonder why these commercial banks aren't lending." Separately, Blumberg says he expects to make some investments in the London property market where "they've taken writedowns and are closer to the bottom."

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Feb. 6 - As long as banks remains too big to fail they remain vulnerable to political attack says Hugo Dixon, Editor of Reuters Breakingviews.

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A fun video with a mixture of playful activities (Xbox Kinect and boxing my heavy box) and my commentary on the European bank run, Russia and Iran threatening to attack western missile defense sites, Black Friday madness and the fukushima radiation in Japan. Black Friday turns ugly at Los Angeles Wal-Mart: Shopper pepper sprays crowd to get deal, 20 injured www.nydailynews.com Bank asset sale stand-off threatens European lending www.reuters.com Invisible Run on Banks Becomes Conversation With 7% Italy Yields www.businessweek.com Bank Deposits Flow Into Germany www.npr.org Iran threatens to target NATO missile shield in Turkey if attacked by US or Israel www.washingtonpost.com Medvedev: Russia may target US missile defense sites www.usatoday.com Russia To Lend Venezuela $4 Billion To Buy Russian Weapons articles.businessinsider.com Venezuela Gets First Shipment Of Physical Gold Today www.zerohedge.com Belgium Downgraded By S&P From AA+ To AA, Outlook Negative www.zerohedge.com Fitch cuts Italian mid-sized banks on recession woes www.reuters.com Turkey Prices Are Taking Flight online.wsj.com Japan Nuclear Disaster Released Higher Radiation Levels Than Previously Reported, Study Finds www.huffingtonpost.com

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Euro Banks Shortfall 666 Billion Euros 71 Banks Fail ( Reuters Breakingviews ) graphics.thomsonreuters.com

Euro Banks Shortfall 666 Billion Euros 71 Fail Reuters Breakingviews

(www.abndigital.com) The Thomson Reuters review of the Sub-Saharan Africa investment banking industry for the first quarter of 2011 covers the region's M&A, debt and equity capital markets. The review includes rankings of banks and advisors operating in Sub-Saharan Africa based on deal activity and fees. Joining us now for more on the report is Busisa Jiya, Investment Client Specialists Manager for the Middle East & Africa at Thompson Reuters SA.

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Reuters columnist, David Cay Johnston, explains how the six central banks put your money at risk in order to mitigate the European debt crisis and why it won't work.

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Mar. 5 - The ECB's cheap loans to banks were a necessary evil, says Reuters Breakingviews editor Hugo Dixon.

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Dec.09 - Moody's has downgraded the debt of France's three largest banks, citing deteriorating liquidity. Sonia Legg reports

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st0ckman.blogspot.com http PARIS, Jan 25 (Reuters) - The following is a timeline of events concerning the 4.9 billion euro ($7.2 billion) fraud at France's second-largest bank Societe Generale (SocGen) (SOGN.PA: Quote, Profile, Research). * 2007 - SocGen junior trader Jerome Kerviel starts building up large positions. As his losses mount he tries to cover up his positions by hacking into the bank's computer systems. * Jan 18, 2008 - SocGen shares plunge 8.2 percent, with traders and fund managers citing market speculation of huge write-downs at the bank. * Jan 18 - The International Herald Tribune runs a report on its Web site saying that Bank of France Governor Christian Noyer has been monitoring the balance sheets of banks such as SocGen. The Bank of France later denies that Noyer ever said this. * Jan 18 - Later that evening, a compliance officer notices a trade that has breached one of the bank's thresholds. The officer telephones another brokerage, with which SocGen had apparently made the trade, and is told that the firm has no record of any such transaction taking place. * Jan 19/20 - On Saturday, SocGen senior executives begin investigating suspicious trades which are traced to Kerviel. The trader is hauled in and top management questions him. * Jan 20 - Kerviel is questioned by the SocGen board. * Jan 20 - Bouton says he informs the Governor of the Bank of France and the head of France's AMF stock market authority when he learns of the situation. * Jan 20 <b>...</b>

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Nick McDonald of Trade With Precision takes a historical look at central bank intervention in the currency markets and the likely effects of the 2010 selling of Yen by the Japanese government. Links: Full Newsletter from TWP: www.tradewithprecision.com George Soros Wiki: en.wikipedia.org Black Wedneday Wiki: en.wikipedia.org Reuters - History of Central Bank Intervention: www.reuters.com

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Dec. 30 - A look back at a tumultuous year for the financial sector and ahead towards some of the challenges that await in 2012. Penny Tweedie reports

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It always amazes how calm and self assured news journalist are when commentating about the collapse of the 2nd largest Bank in US history. And the sheer fact that many will lose a considerable portion of their life savings. The economics correspondent makes reference to the Massive losses (on the stock market) by Washington Mutual and National City bank. Washington Mutual alone lost 34.8 (Monday July 14208) So one has to ask , what's next? considering the massive losses by Washington Mutual, I will refer to an Article by Jonathan Stempel (REUTERS) SEPTEMBER10,2007 quoting WASHINGTON MUTUAL INC. "Washington Mutual Inc said on Monday that most US housing markets are weakening, creating a "near perfect storm" that may force the largest US savings and loan to set aside more money for bad loans". Well that has obviously happened, which is why there was such a run on INDYMAC because of their staggering default rates on the loans packaged by the company. SO is WASHINGTON MUTUAL next? David Goldman from CNNMONEY writes "WaMu responded after the market close with a statement, saying it is sufficiently capitalized, with more than $40 billion in excess liquidity after it recently raised $7.2 billion in capital. That statement is nearly identical to the statement made by INDYMAC before their collapse. I closed my account with WASHINGTON MUTUAL over a year ago, so none of this surprises me. Regarding INDYMAC, I was becoming so frustrated by the outright Blackout with video and photo <b>...</b>

Commentary Analysis INDYMAC bank runs Washington Mutual FDIC Financial Systemic failure What's Next?

Nov. 30 - Peterson Institute's Joseph Gagnon says that the coordinated effort by central banks to restore liquidity to the financial system is not enough and that the risk asset rally is an overreaction.

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Dec. 08 - Ratings agency Standard & Poor's has warned it could cut the credit ratings of the European Union and large euro zone banks, if there is a mass downgrade of almost all 17 euro zone countries. Joanna Partridge reports

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On Thursday of last week, July 2009, the Federal Reserves vice chairman, Donald Kohn, threatened to jack up interest rates if Congress continues to expose some of the US central banks most sensitive decisions to political scrutiny.

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The lies behind the fake banking system which has enslaved mankind to a rigged monetary system, where the bankers steal all of the fake money for themselves and enslave the rest of humanity to cover all of there well planned and engineered debts so as to control humanity in their plans for a One World Bank owned by TPTB and a micro-chipped slave population of mind controlled worker drones to do their work and pay their taxes. Another option is we take the 2.588 x 10 to the 51st dollars hidden in off ledger accounts and give every man woman and child on Earth a million dollars a year until it is all gone. Then we could create a paradise here beyond any worldly description! Life would then be all about humans having the greatest experiences and not about the misery of our current slavery! watch?v=ebbfFWtYZIg alcuinbramerton.blogspot.com 2012indyinfo.com americankabuki.blogspot.com GOVERNMENT RESIGNATIONS 2/6/12 Romanian prime minister and cabinet resign en masse www.guardian.co.uk 2/20/12 (GERMANY) GERMAN PRESIDENT Christian Ruff resigns (financial corruption charges) yesterday www.dailymail.co.uk RESIGNATIONS FROM WORLD BANKS: (1) 9/25/11 (SWITZERLAND) Bank chief resigns over £1.5bn rogue trader crisis www.dailymail...ng-scandal.html (2) 10 (CHINA) Resignations Suggest Shift for China's Banks online.wsj.co...4190522426.html (3) 11 (INDIA) More directors of the Beed district bank resign www.thenews.coop (4) 11/21/11 (JAPAN) UBS's Japan Investment Banking Chairman Matsui to <b>...</b>

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Its Japanese developers call it the 'Futuristic Circular Flying Object' and it's designed to go where humans can't. The radio-controlled sphere, roughly the size of a basketball, was built for search and rescue operations, specifically to fly in and out of buildings weakened by earthquakes or other natural disasters. The device uses its onboard camera to transmit live images of whatever it sees

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Small-business bankruptcies rise 81% in California www.latimes.com US bankruptcies rise 33 percent in third quarter www.reuters.com Amusement park industry sees buyouts, bankruptcies in 2009 www.sanduskyregister.com Commercial Bankruptcies www.insidearm.com Unemployment funds going absolutely broke www.msnbc.msn.com 2009 Bank Failures Hit 140 As Seven More Close; FDIC Unable To Find Buyers For All www.americanbankingnews.com Ford Offers Buyouts to All Factory Workers www.cbsnews.com Priest outrages police by telling congregation www.dailymail.co.uk Banks with political ties got bailouts, study shows www.reuters.com

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