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Showing posts with the label bank deregulation

Saint Mathew Pray for Us! Bank Deregulation Is Back!

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Shock and awe and bank deregulation Amid the boom and flash of the spectacular political theatre going on right now, you may not have noticed the announcements in a single utterance on television or in columns in the back pages of your local newspaper—“banks need to start lending money again,” (Trump on CNN), “President Donald Trump promised a meeting of community bankers to strip away some Dodd-Frank financial regulations” (B3 Globe and Mail 10 March 2017) and White House fires Preet Bharara “the high-profile Manhattan prosecutor known for his pursuit of public corruption and Wall Street crime” (A18 Globe and Mail 11 March 2017)—bank deregulation is back! “Bank deregulation” was the precursor to the financial collapse of 2008 causing banks and financial institutions to go bankrupt, individuals to lose homes, jobs and pensions, and triggering the government bailouts of the banks costing taxpayers what is now estimated to be a trillion dollars.  (Historically the British and American

Should Bank Robbery Be Deregulated?

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Phoenix, Arizona March 9, 2017 UNKNOWN BANK ROBBER DESCRIPTION Height:   5'4" Sex:   Female Complexion:   Light Race:   White (Hispanic) Remarks:   The suspect was described as having a medium build with long dark curly hair. She was seen wearing a purple hat with a white flower on the front, purple jacket, purple dress and was carrying a large black purse. Vehicle Information:   Tan older model Nissan Pathfinder CAUTION On March 9, 2017, at approximately 10:18 a.m., the suspect entered the Fry’s grocery store located at 2626 S. 83 Avenue in Phoenix. She proceeded to the Wells Fargo branch inside where she displayed a robbery demand note which indicated she was armed with a gun. The suspect also told the teller to not follow her because there was a second suspect in the parking lot that would shoot anyone who did. The teller gave the suspect U.S. Currency and she fled the store to the listed vehicle parked in the lot.