LEAKED: How the Biggest Banks Are Conspiring to Rip Up Financial Regulations around the World

[kpete]

LEAKED: How the Biggest Banks Are Conspiring to Rip Up Financial Regulations around the World
by Don Quijones
WolfStreet.com
July 2, 2015

WikiLeaks got its hands on part of
the secret trade pact for services

By Don Quijones, Spain & Mexico, editor at WOLF STREET.

It’s almost impossible to keep anything secret these days – not even the core text of a hyper-secret trade deal, the Trade in Services Agreement (TiSA), which has spent the last two years taking shape behind the hermetically sealed doors of highly secure locations around the world.

According to the agreement’s provisional text, the document is supposed to remain confidential and concealed from public view for at least five years after being signed! But now, thanks to WikiLeaks, it has seeped to the surface.

.............

According to the treaty’s Annex on Financial Services, we now know that TiSA would effectively strip signatory governments of all remaining ability to regulate the financial industry in the interest of depositors, small-time investors, or the public at large.


sordid details (lots more) HERE:
http://wolfstreet.com/2015/07/02/leaked-how-megabanks-are-conspiring-to-rip-up-financial-regulations-around-the-world-tisa-tpp-ttip/

[Octafish]

1. Derivatives protection racket.

War by another means...

[Sunlei]

2. wish we would have done like Iceland. jail banker Leaders and forgive the mortgages

[Betty Karlson]

3. We need some strong action against these bankers.

No more Mr. Nice Guy. We tried that, and it failed (1932). And again (1980). And again (2008 - present).