« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Our Vampire Squids

By: killthecat in FFFT3 | Recommend this post (0)
Sat, 20 Dec 14 12:32 AM | 52 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 06469 of 65535
Jump:
Jump to board:
Jump to msg. #

Today, banks like Morgan Stanley, JPMorgan Chase and Goldman Sachs own oil tankers, run airports and control huge quantities of coal, natural gas, heating oil, electric power and precious metals. They likewise can now be found exerting direct control over the supply of a whole galaxy of raw materials crucial to world industry and to society in general, including everything from food products to metals like zinc, copper, tin, nickel and, most infamously thanks to a recent high-profile scandal, aluminum. And they're doing it not just here but abroad as well: In Denmark, thousands took to the streets in protest in recent weeks, vampire-squid banners in hand, when news came out that Goldman Sachs was about to buy a 19 percent stake in Dong Energy, a national electric provider. The furor inspired mass resignations of ministers from the government's ruling coalition, as the Danish public wondered how an American investment bank could possibly hold so much influence over the state energy grid.

http://www.rollingstone.com/politics/news/the-vampire-squid-strikes-again-the-mega-banks-most-devious-scam-yet-20140212#ixzz3MMg5gpBN
Follow us: @rollingstone on Twitter | RollingStone on Facebook




» You can also:
« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next