Bank

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Concept.png Bank  SourcewatchRdf-icon.png
Bank.png
Interest of• Bronson Cutting
• Pierre Jovanovic

Official narrative

Banks provide financial services and products which people and companies need. They have been given the right to produce money from thin air by governments, who cannot be trusted with this power.

US Safety deposit boxes

"There are an estimated 25 million safe deposit boxes in America, and they operate in a legal gray zone within the highly regulated banking industry. There are no federal laws governing the boxes; no rules require banks to compensate customers if their property is stolen or destroyed."[1]

Funding for "terrorism"

Widely reported to promote "terrorism",[2] to profit from money laundering, banks are also recported to be reliant upon the illegal drug trade.[citation needed]

 

Examples

Page nameDescription
Banca Nazionale del Lavoro
Banco Espírito Santo
Bank Zachodni WBK
Bank of Scotland
Barclays Bank
Brown Brothers Harriman
Central bank
Chase Bank
Chase Manhattan
Citibank
Citigroup
Deutsche BankGerman bank
Drexel Burnham
EXIMA spooky bank
Indian Springs State Bank
Kaupthing Bank
Lehman BrothersThe bank which collapsed in 2008, resulting - according to the official narrative - in the Global Financial Crisis.
Morgan Stanley
N M Rothschild & Sons
Nordea
PayPalOnline payment website
Riggs BankA bank used for various illicit purposes.
S. G. Warburg
Toronto-Dominion Bank
UBS
Vatican Bank
WachoviaA now defunct bank sold after the Cocaine One drugs bust.
World Finance Corporation

 

Related Quotations

PageQuoteAuthorDate
Bronson Cutting“The fight against the abolition of the credit power of private banks will be a savage one, for their power as a unit is without equal in the country. Knowing this is why I think back to the events of March 4, 1933, with a sick heart. For then, with even the bankers thinking the whole economic system had crashed to ruin, the nationalization of banks by President Roosevelt could have been accomplished without a word of protest. It was President Roosevelt’s great mistake. Now the bankers will make a mighty struggle.”Bronson Cutting
Regulatory capture“Probably most people would agree that the people paid by the U.S. government to regulate Wall Street have had their difficulties. Most people would probably also agree on two reasons those difficulties seem only to be growing: an ever-more complex financial system that regulators must have explained to them by the financiers who create it, and the ever-more common practice among regulators of leaving their government jobs for much higher paying jobs at the very banks they were once meant to regulate. Wall Street's regulators are people who are paid by Wall Street to accept Wall Street's explanations of itself, and who have little ability to defend themselves from those explanations.”Michael LewisSeptember 2014


References


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