Why Barclays and Co “can’t get no satisfaction” from food speculation.

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For real contentment, basic needs need to be met. The obvious basic needs are food, water, shelter, warmth, and social contact with other human beings. There should be enough of all of this for every one of the seven billion … Continue reading

The £93m City Lobby Machine and how lobbying (probably) works.

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Reblogged from The Bureau of Investigative Journalism Revealed: The £93m City lobby machine July 9th, 2012 | by Nick Mathiason, Melanie Newman and Maeve McClenaghan The British financial services industry spent more than £92m last year lobbying politicians and regulators in an ‘economic … Continue reading

US Bank regulator explains how Barclays manipulated the Libor Rates

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How Barclay Manipulated the Libor Rates Reblogged from New Economic Perspective First published 03.07.12 before the ‘resignation’ of Bob Diamond CEO Barclays Bank. Former US banking regulator, now lecturing at the University of Missouri, Kansas City, Professor Bill Black explains … Continue reading

Barclays and banker greed.

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  These accounts of our banking system were left on a Guardian comments thread in response to the revelations about Barclays, and other banks, ‘fixing’ the Libor interest rates for their own profit interests.  They deserve wider coverage.  To paraphrase … Continue reading