Enemies of the State: How The Financial Services Industry Is Destroying Democracy
NOVANEWS
By Graham Vanbergen
The European Financial Review
The top ten banks in the U.S., along with their European counterparts have racked up over $300bn of fines, metered out by regulators since their egregious criminality caused a global crisis that unfolded in 2008. Its lingering influence is felt by billions of people worldwide nearly a decade later in a recovery slower than the Great Depression of the 1930’s. Jails are devoid of the Armani suited mobsters employed by the financial services industry that are now causing the breakdown of the rule of law, threatening democracies and even statehood itself in the countries they operate in.
This is no better demonstrated than through a WikiLeaks release last October where we learn that the banking giant Citigroup, having play...