Tag: banks

There is No Such Thing as a Bank Loan

“Dexia” is not a word familiar to most Americans, and if told that it is a French bank in need of a fresh bailout,...

Plutonomics, Citibank, and the Doom Cycle

And what is the CLEW, you may ask? It is the Cost of Living Extremely Well, which measures such essential items as the price rise in Beluga caviar or a suite at the Four Seasons. Pity the poor rich.

A Tale of Two Banks

He discovered that he could solve the dependence on loan sharks in one village with a mere $27 in capital. For a man who was used to working in millions and billions, this was a real revelation