RealEconTV

Business news without the bullshit

Top Tier US banks = Criminal enterprises

Matt Taibbi and Yves Smith tell it like it is

Subscribe to RealEconTV

Your e-mail address is kept absolutely private
We make it easy to unsubscribe at any time

Latest news on life in Crimeland USA

We can't be reminded of this simple fact too often:

The Top Tier, too-big-to-fail banks in the US are criminal enterprises: JP Morgan, Bank of America, Wells Fargo, Goldman Sachs, Citigroup and Morgan Stanley.

Astonishingly, not only are these institutions run on a criminal basis, they are actively protected by the federal government including the White House and Congress.

That's where we're at without any sugar coating. If you think this kind of thing can end well...