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London's global policy of "bank bail-in" austerity has struck again, at a London bank, in which so far, not depositors but "junior bond creditors" are being turned into stockholders and offered large losses. These include pension and other similar funds.
COPENHAGEN—A Schiller Institute delegation of three, led by Chairman Tom Gillesberg, was able to bring our international Glass-Steagall and anti-bail-in campaign directly to almost half of the sitting government ministers, including the prime minister, many parliamentarians, mayors, union officials, journalists, other key political actors, and politically interested citizens, during two days of in
On June 13, the state of the New Jersey became the 22nd state to have a Memorial demanding the reinstatement of FDR's Glass-Steagall bill placed before it. Assemblywoman Linda Stender, the representative from Middlesex, Somerset, and Union, put forward Assembly Resolution No. 182, which "urges the U.S.
Bloomberg reports, today, that Japan's Upper House approved so-called bail-in rules that will impose losses on investors of failing financial institutions to reduce the burden on taxpayers. The vote was broadcast live through the Internet.
Sixty years after President Franklin Delano Roosevelt freed the U.S. from the control of Wall Street, with the Glass-Steagall Act that cut "investment" banks off from commercial banks and deposits and then from government support, Thomas Hoenig, the Vice President of the U.S.
In an extensive wire story put out on June 15, and already reposted on Marcy Kaptur's Facebook page, Kenric Ward of the Fredericksburg News Examiner features the current campaign for reinstating Glass-Steagall, which was signed by President Franklin D. Roosevelt on June 16, 1933.
Sen. Carl Levin (D-MI), Chair of the Senate Permanent Subcommittee on Investigations, has called on the Treasury Department to reconsider its 2012 decision to exempt foreign exchange trades from beefed up regulations.
June 12, 2013 (LPAC)—Veteran Truthout columnist Thom Hartmann asserts that only the re-enactment of Glass-Steagall can avert "another American housing and financial disaster." Go back to the "safe, boring and useful [banking] business with local roots in our community," Hartmann urges.

