http://slog.thestranger.com/slog/archives/2012/12/18/have-you-heard-the-joke-about-the-hsbc-money-laundering-settlement Comments On: Have You Heard the Joke about the HSBC Money-Laundering Settlement? by Brendan Kiley en-us Copyright 2013 The Stranger. All rights reserved. This RSS file is offered to individuals, The Stranger readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact The Stranger. webmaster@thestranger.com (The Stranger Webmaster) Sat, 25 May 2013 00:00:01 -0700 Sat, 25 May 2013 14:30:00 -0700 Foundation http://blogs.law.harvard.edu/tech/rss exactly why the book list below is so appropriate today:

The Ultimate Christmas Book List for the Discerning Human

The Hellhound of Wall Street by Michael Perino

Wealth, Power and the Crisis in Laissez Faire Capitalism by Donald Gibson

The Billionaires’ Ball by Linda McQuaig and Neil Brooks

Extreme Money by Satyajit Das

Treasure Islands by Nicholas Shaxson

Debt: the first 5,000 years by David Graeber

The Web of Debt by Ellen Hodgson Brown, JD

Retirement Heist by Ellen Schultz

The Fine Print by David Cay Johnston

Battling Wall Street: the Kennedy presidency by Donald Gibson

The Bubble and Beyond by Michael Hudson (All of Prof. Hudson’s books)

Wall Street Capitalism: The Theory of the Bondholding Class by E. Ray Canterbery

Greenspan’s Fraud by Ravi Batra

Other People’s Money: the corporate mugging of America by Nomi Prins

The Rich and the Super-Rich by Ferdinand Lundberg

Into the Buzzsaw by Kristina Borjesson

Thy Will Be Done by Gerard Colby and Charlotte Dennett (if you can obtain his books on Du Pont, they will be highly rewarding!!!!)

Fiction:

Absolute Friends by John le Carré

Relentless by Dean Koontz


Posted by sgt_doom]]> Wed, 19 Dec 2012 10:48:52 -0800 The Stranger Posted by Proteus]]> Tue, 18 Dec 2012 18:23:05 -0800 The Stranger
Beyond that, we've seen that the major banks couldn't even perform their culturally biased role of picking good risks. My dream is to see a sort of societal Kickstarter. Any citizen could bring forward their ideas for an enterprise, and citizens would be free to vote for funding allocations, or even volunteer their labor. When you think about it, that could more equitably replace a fair chunk of what the banking sector does.
Posted by Tent_Liberation_Army]]> Tue, 18 Dec 2012 17:08:03 -0800 The Stranger
We did perfectly fine in the US with 5 percent of GDP going to all finance, and CEOs making 20 times base worker pay.

@25 for the win, followed by drone strikes.
Posted by Will in Seattle]]> Tue, 18 Dec 2012 17:07:25 -0800 The Stranger
The solution, of course, is not a fine but to cancel their corporate charter and prohibit them - or their successors - from operating in this country for 15 years. They should be allowed about ninety days to suspend business activity and about 180 days to divest all of their assets. Anything they can't sell in that time should be seized by the feds.

That is jail for corporations: they are not allowed to freely conduct their business.
Posted by Charlie Mas]]> Tue, 18 Dec 2012 16:38:55 -0800 The Stranger
NOT FACEBOOK!

*gasps audibly... faints dead away*
Posted by Urgutha Forka]]> Tue, 18 Dec 2012 16:21:55 -0800 The Stranger Posted by Pope Peabrain]]> Tue, 18 Dec 2012 15:44:45 -0800 The Stranger
Banks in general are necessary for the economy, but not this bank specifically.
Posted by keshmeshi]]> Tue, 18 Dec 2012 15:32:32 -0800 The Stranger
What needs to happen is not "no banks", it's a restoration of the Glass-Steagall Act separation between commercial and investment banking. Our good friend Bill Clinton killed that one, alas, back in 1999. I'm sure it's a coincidence that banks and other high-finance institutions have been totally out of control and wrecking the global economy since then.
Posted by Fnarf]]> Tue, 18 Dec 2012 15:29:35 -0800 The Stranger Posted by philosophy school dropout]]> Tue, 18 Dec 2012 15:26:28 -0800 The Stranger
"Gotta keep those unruly urban populations under control, otherwise they'll start to actually band together and stand up for their rights! Like the Blacks did in the 60s and 70s. Can't have that; gets in the way of wealth creation (for us)."
Posted by treacle]]> Tue, 18 Dec 2012 15:11:08 -0800 The Stranger Posted by Will in Seattle]]> Tue, 18 Dec 2012 15:02:26 -0800 The Stranger The poor stay poor, the rich get rich
That's how it goes
Everybody knows.
Posted by dwightmoodyforgetsthings]]> Tue, 18 Dec 2012 14:52:31 -0800 The Stranger Posted by Cracker Jack]]> Tue, 18 Dec 2012 14:44:41 -0800 The Stranger Posted by chinaski]]> Tue, 18 Dec 2012 14:43:37 -0800 The Stranger Financial Nuremberg Trial for all the world to bring the culprits of the last 30 years to justice before an international council.

http://via.lib.harvard.edu/via/deliver/c…


Posted by Supreme Ruler Of The Universe]]> Tue, 18 Dec 2012 14:30:58 -0800 The Stranger Posted by Some Old Nobodaddy Logged In]]> Tue, 18 Dec 2012 14:25:03 -0800 The Stranger Posted by Former Lurker]]> Tue, 18 Dec 2012 14:17:45 -0800 The Stranger
http://mondoweiss.net/2012/11/material-s…

But bankers supporting illegal drug activity get no jail time and probably huge holiday bonuses for dodging the crime.
Posted by Linda J]]> Tue, 18 Dec 2012 14:14:51 -0800 The Stranger Posted by high and bi]]> Tue, 18 Dec 2012 14:13:23 -0800 The Stranger Posted by ScrawnyKayaker]]> Tue, 18 Dec 2012 14:09:03 -0800 The Stranger
But that would take guts.
Posted by Will in Seattle]]> Tue, 18 Dec 2012 14:02:05 -0800 The Stranger Posted by long-time reader]]> Tue, 18 Dec 2012 13:51:40 -0800 The Stranger Posted by slautati]]> Tue, 18 Dec 2012 13:51:02 -0800 The Stranger Posted by Algernon]]> Tue, 18 Dec 2012 13:48:38 -0800 The Stranger