List of Bank Fraud and Criminal Activities

Contrary to popular belief, banks are not tools used serve the public good. In reality, modern day banking is basically used to serve private needs. There is no need to engage in conspiracy theories or debate, the facts speak for themselves. Below are a list of banks that have engaged in fraud and/or other criminal …

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Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent

JAMES K. BOYCE, DEVELOPMENT, PEACEKEEPING AND ENVIRONMENT PROGRAM, PERI Institute LEONCE NDIKUMANA, PROF. ECONOMICS, UMASS AMHERST A new book titled Africa's Odious Debts: How Foreign Loans and Capital Flight Bled a Continent begins its conclusion with the following. During the past four decades, sub-Saharan Africa has experienced a financial hemorrhage. We estimate that from the …

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Understanding Money – Part 1: Making Magic

Whether we are aware of it or not, the lifeblood of all of our established institutions and society itself is money. Therefore understanding monetary policy is critical to understanding why our lives are the way they are. Unfortunately, economics is often viewed with confusion and boredom. However, the fact is, the complexity associated with the …

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