Tuesday 20 December 2011

Voices from the Occupation - The City of London is the World's Greatest Money Launderer

Voices from the Occupation - The City of London is the World's Greatest Money Launderer

The Occupy Movement’s successful slogan of the 99%-1% equality gap may well need to be revised, as the 1% begins feasting on its own members.  The story which has yet to hit headline news around the world, yet independent media sources have been covering extensively, is the collapse of MF Global – the 8th biggest bankruptcy case in US history and the biggest banking collapse since Lehman Brothers.  Today’s article takes a look at the seditious acts of corporate greed, and the role of the City of London as the world’s largest money launderer, which make this story top of the news agenda for anyone interested in economic justice.

This is really worth a read, it explains so much about how and why the banks failed, and explains that it's still going on, and how nothing more than sheer greed has led us to this place .. where we all suffer for their stuff ups .. what happens to them?  Nothing, apart from bigger bonuses!!

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