6 Nov 2011

Money Movers, Occupy Wall Street Shakers Rattle US Banking World



As the social media-sparked Bank Transfer Day approaches, the Credit Union National Association (CUNA) reports that over 650,000 people have joined credit unions in the last four weeks. Source.

Agent Provocateurs In Greece, Silver, Gaddafi, Tyranny +


The OCCUPY movement, the CFTC, Silver, Domestic Tyranny, Gaddafi, Bank of America crimes & REVOLUTION. Please visit SGTreport.com for the latest.

Financial Rape, Financial Pornography - Keiser Report


Additional: STFU Cameron!

Additional: Global economic chaos-On the Edge with Max Keiser

'Greek Drama Missing Main Player - The People'


The Greek Prime Minister will keep his job, at least for now, after securing a crucial confidence vote from Parliament. It comes after George Papandreou horrified the country's European partners and wreaked international havoc on the markets by calling a referendum on the EU bailout plan for Greece, a move he later cancelled. RT correspondent Sara Firth is in the Greek capital with the latest. 
Angelo: We would state things differently as we believe that the moment a referendum was offered the people of europe actually had a flicker of hope being less fixated on the markets and politicians who failed us all only to benefit themselves. We are more inclined to the will of the people.

Key Lesson From Iceland Crisis Is 'Let Banks FAIL'

A man takes money from an automatic teller machine in Rejkjavik, 2008. Three years after Iceland's banks collapsed and the country teetered on the brink, its economy is recovering, proof that governments should let failing lenders go bust and protect taxpayers, analysts say. Source

RBS And NatWest The First Victims Of "Bank Transfer Day"


Earlier today zerohedge received the following email from a reader: "RBS systems are down today - ALL of them. I asked whether they knew that HSBC was down yesterday - replied yes - I suggested that they might do well to make an announcement to stop people from getting the right idea 8). The reason for the outage was given as "an update which did not go as expected"  Some update - took out ALL their systems I was told. Pongs worse than the old Billingsgate fish market." We now have confirmation this is the case. From BBC: "RBS and NatWest customers have been unable to check accounts online because of problems caused by maintenance work, the Royal Bank of Scotland has said. Problems arose after the maintenance work went wrong and meant account balances were not updated overnight. Some accounts have not been credited when they should have been and there have been problems for some customers making withdrawals from cash machines. In a statement, the bank apologised for any inconvenience caused". The Royal Bank of Scotland hopes to resolve the issue within hours." We find it odd how not only one but two banks are down on a Saturday, the same day that is incidentally Bank Transfer Day. So: who will be doing "maintenance work" next? Source.
Additional: can global bank transfer day strengthen?