Over the past several years I have discovered a lot of great documentaries on the Internet. The frustrating part was trying to find them again for friends. Thus I started Video Journal(s) where I'm trying to weave the videos/documentaries into comprehensive stories. This Video Journal is about corruption, crony capitalism and corporate/Wall Street GREED.

I don't think people understand what Wall Street's GREED has gotten us into. Sure we all know about the 700 billion dollar TARP bail-out, and the 18 trillion dollars national debt.  But, I don't think people are aware of all the trillions of dollars the FED (Federal Reserve) has loaned to the Wall Street Banks, which doesn't trickle down to main street, or the 700 trillion-to-1.2 quadrillion dollar derivatives bubble that the World's banks are sitting on (see the Financial Crisis News Magazine).

Friday December 08, 2017

Trump's 'fake news' mantra a hit with despots
Politico | Jason Schwartz | 12/08/17

Leaders or state media in at least 15 countries use the president's favorite denunciation to quell dissent, question human rights violations.

Authoritarian rulers across the globe are adopting President Donald Trump's favorite phrase to limit free speech, with prominent leaders or state media in at least 15 countries using his "fake news" line to denounce their critics, according to a POLITICO review.

By aligning themselves with Trump's words, despots have been able to use the U.S. president as a shield for their attacks on press freedom and human rights, said Joel Simon, executive director of the Committee to Protect Journalists.

"I'm seeing it more and more," he said. Trump, he added, "is providing a context and framework for all sorts of authoritarian leaders--or democratic leaders and others who are dissatisfied or upset by critical media coverage--to undermine and discredit reporting." ... Read more

Time Square Live
Time Square CAM | | 12/08/17 | Live

Trump Lights the Middle East on Fire
TYT | author | 12/07/17

RAMALLAH, West Bank -- Palestinian protesters and Israeli soldiers clashed Thursday in Jerusalem, Ramallah and other places in the West Bank and Gaza Strip, with some demonstrators burning American flags and posters of President Trump a day after he sided with Israel by announcing U.S. recognition of Jerusalem as its capital. But at nightfall, after the skirmishes died down, the region was bracing for worse.

More than 100 people were injured Thursday, according to the Palestine Red Crescent, despite the deployment of several extra battalions of Israeli troops. The critical test comes Friday, when larger demonstrations are expected as crowds leave mosques after the weekly noon prayers.

In Gaza, the Islamist movement Hamas urged its followers to ignite a third intifada, or uprising, against Israel. The Palestinian Authority called for a general strike. Shops were shuttered in Jerusalem's Old City.

The Great Tax Cut
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America's Interventionist Foreign Policy i.e. Empire
*The Devil's Chessboard by David Talbot Discusses -> The Dark Side of Allen Dulles: The Greatest Untold Story of American Power - U.S. History (2015) | CSpan Book TV | 2015 | 1:10:35
*The Dulles Brothers by Stephen Kinzert Discusses -> The U.S. Has Overthrown Governments for 100 Years: A Compelling and Provocative History (2006) | CSpan Book TV | 2006 | 38:47
Allen Dulles: The Powerful, Moneyed World of International Finance & Politics (2002) | CSpan Book TV | 2002 | 1:00:22
*The Devil's Chessboard: Allen Dulles, the CIA, and the Rise of America's Secret Government by David Talbot (2016)

An explosive, headline-making portrait of Allen Dulles, the man who transformed the CIA into the most powerful--and secretive--colossus in Washington, from the founder of Salon.com and author of the New York Times bestseller Brothers.

America's greatest untold story: the United States' rise to world dominance under the guile of Allen Welsh Dulles, the longest-serving director of the CIA. Drawing on revelatory new materials--including newly discovered U.S. government documents, U.S. and European intelligence sources, the personal correspondence and journals of Allen Dulles's wife and mistress, and exclusive interviews with the children of prominent CIA officials--Talbot reveals the underside of one of America's most powerful and influential figures.

Dulles's decade as the director of the CIA--which he used to further his public and private agendas--were dark times in American politics. Calling himself "the secretary of state of unfriendly countries," Dulles saw himself as above the elected law, manipulating and subverting American presidents in the pursuit of his personal interests and those of the wealthy elite he counted as his friends and clients--colluding with Nazi-controlled cartels, German war criminals, and Mafiosi in the process. Targeting foreign leaders for assassination and overthrowing nationalist governments not in line with his political aims, Dulles employed those same tactics to further his goals at home, Talbot charges, offering shocking new evidence in the assassination of President John F. Kennedy.

An exposé of American power that is as disturbing as it is timely, The Devil's Chessboard is a provocative and gripping story of the rise of the national security state--and the battle for America's soul.
*The Brothers: John Foster Dulles, Allen Dulles, and Their Secret World War by Stephen Kinzer (2014)

Anyone wanting to know why the United States is hated across much of the world need look no farther than this book. "The Brothers" is a riveting chronicle of government-sanctioned murder, casual elimination of "inconvenient" regimes, relentless prioritization of American corporate interests and cynical arrogance on the part of two men who were once among the most powerful in the world.

John Foster Dulles and his brother, Allen, were scions of the American establishment. Their grandfather John Watson Foster served as secretary of state, as had their uncle Robert Lansing. Both brothers were lawyers, partners in the immensely powerful firm of Sullivan & Cromwell, whose New York offices were for decades an important link between big business and American policy making.

John Foster Dulles served as secretary of state from 1953 to 1959; his brother ran the C.I.A. from 1953 to 1961. But their influence was felt long before these official appointments. In his detailed, well-­constructed and highly readable book, Stephen Kinzer, formerly a foreign correspondent for The New York Times and now a columnist for The Guardian, shows how the brothers drove America's interventionist foreign policy.
Democracy Now! U.S. and World News Headlines for Friday, December 08 [11:12]
PLO Leader Hanan Ashrawi: Trump's Jerusalem Order Violates Int'l Law & "Destroys" Chance for Peace | DN | 12/07/17 | 9:55
Democracy Now! U.S. and World News Headlines for Friday, December 08 (FULL) | 59:02
Note: on the full 59:02 video look for small white (or black) circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
  1. Headlines
  2. No Democracy Here: Ousted Honduran Pres. Zelaya Says 2009 U.S.-Backed Coup Led to Election Crisis
  3. "The Dangerous Case of Donald Trump": Psychiatrist Dr. Bandy Lee on Growing Mental Health Concerns
*Bill Black Says -> Children's Health Insurance Program to Expire Under GOP Tax Bill | TRNN | 12/07/17 | 18:40
Wildfires are Leveling LA Neighborhoods, Is There More to Come? | TRNN | 12/07/17 | 9:42
Firefighters Can't Contain California Wildfires | TYT | 12/07/17 | 7:56
Trump Lights the Middle East on Fire | TYT | 12/07/17 | 12:14
Friday News -- Domestic | 1a.org | 12/08/17 | 1hr
Two Democratic members of Congress (Sen. Al Franken and Rep. John Conyers) left their offices this week after calls for them to resign over sexual misconduct.

Two versions of the tax bill (one by the House and one by the Senate) remain up for debate.

Two former Trump associates (Michael Flynn and Paul Manafort) are back in the headlines for their ties to the Russian government.
Friday News -- International | 1a.org | 12/08/17 | 1hr
Fulfilling a campaign promise, President Donald Trump recognized Jerusalem as Israel's capital this week. The move sparked riots and protests.

The International Olympic Committee stopped playing games with Russia, banning the country from next year's competition. And while Russia's athletes won't be skiing or skating next year, President Vladimir Putin will be running ... for president ... again.

Meanwhile, the U.K. cleared a hurdle in its attempts to make a graceful Brexit.

Mika: Here's How Democrats Could've Better Handled Senator Al Franken | Morning Joe | MSNBC | 12/08/17 | 25:13
Donald Trump Speech Revives Questions Of His Fitness | Morning Joe | MSNBC | 12/08/17 | 8:39
Joe: FBI Director Christopher Wray Did A Masterful Job | Morning Joe | MSNBC | 12/08/17 | 3:24
Donald Rumsfeld on the impact of Trump's Israel decision | FoxNews | 12/07/17 | 7:59
The Late Show with Stephen Colbert
Donald Trump Jr. Wants More Privilege? | Stephen Colbert | 12/08/17 | 4:55
The Daily Show with Trevor Noah
In Other News: The GOP Loosens Gun Control and a Reporter Claps Back | Trevor Noah | 12/07/17 | 5:46
Full Frontal with Samantha Bee
Even More Creeps: Journalist Edition | Samantha Bee | 12/06/17 | 6:41
Late Night with Seth Meyers
Trump's Hanukkah Reception, Starbucks' "Christmas Tree Frappuccino" | Seth Meyers | 12/08/17 | 2:47

Thursday December 07, 2017

Trump White House Weighing Plans For Private Spies To Counter "Deep State" Enemies
TheIntercept | Jeremy Scahill | 12/04/17

THE TRUMP ADMINISTRATION is considering a set of proposals developed by Blackwater founder Erik Prince and a retired CIA officer -- with assistance from Oliver North, a key figure in the Iran-Contra scandal -- to provide CIA Director Mike Pompeo and the White House with a global, private spy network that would circumvent official U.S. intelligence agencies, according to several current and former U.S. intelligence officials and others familiar with the proposals. The sources say the plans have been pitched to the White House as a means of countering "deep state" enemies in the intelligence community seeking to undermine Donald Trump's presidency.

The creation of such a program raises the possibility that the effort would be used to create an intelligence apparatus to justify the Trump administration's political agenda. "Pompeo can't trust the CIA bureaucracy, so we need to create this thing that reports just directly to him," said a former senior U.S. intelligence official with firsthand knowledge of the proposals, in describing White House discussions. "It is a direct-action arm, totally off the books," this person said, meaning the intelligence collected would not be shared with the rest of the CIA or the larger intelligence community. "The whole point is this is supposed to report to the president and Pompeo directly." ... Read more
*REPORT: Trump Wants His Own Private CIA | TYT | 12/06/17 | 14:12

White House Press Secretary Issues Bizarre Non-denial of Private Spy Network Plans, While White House Official Confirms It
TheIntercept | Lee Fang | 12/05/17

THE WHITE HOUSE press secretary did not directly dispute the revelation that Blackwater founder Erik Prince and former Iran-Contra figure Oliver North pitched a plan to develop a private spy network to members of the Trump administration.

The plan, detailed in a story broken by The Intercept on Monday, is to develop a private intelligence network to counter perceived "deep state" enemies within government ranks. Prince denied the report, and North did not respond to The Intercept's request for comment. ... Read more

The Doomsday Machine: Confessions of a Nuclear War Planner Hardcover - December 5, 2017 by Daniel Ellsberg

Here, for the first time, former high level defense analyst Daniel Ellsberg reveals his shocking first-hand account of America's nuclear program in the 1960s. From the remotest air bases in the Pacific Command, where he discovered that the authority to initiate use of nuclear weapons was widely delegated, to the secret plans for general nuclear war under Eisenhower, which, if executed, would cause the near-extinction of humanity, Ellsberg shows that the legacy of this most dangerous arms buildup in the history of civilization--and its proposed renewal under the Trump administration--threatens our very survival. No other insider with high level access has written so candidly of the nuclear strategy of the late Eisenhower and early Kennedy years, and nothing has fundamentally changed since that era.

Framed as a memoir--a chronicle of madness in which Ellsberg acknowledges participating--this gripping expose reads like a thriller and offers feasible steps we can take to dismantle the existing "doomsday machine" and avoid nuclear catastrophe, returning Ellsberg to his role as whistleblower. The Doomsday Machine is thus a real-life Dr. Strangelove story and an ultimately hopeful--and powerfully important--book about not just our country, but the future of the world.
Destroying Yemen: What Chaos in Arabia Tells Us about the World by Isa Blumi

Since March 2015, a Saudi-led international coalition of forces -- supported by Britain and the United States -- has waged devastating war in Yemen. Largely ignored by the world's media, the resulting humanitarian disaster and full-scale famine threatens millions. Destroying Yemen offers the first in-depth historical account of the transnational origins of this war, placing it in the illuminating context of Yemen's relationship with major powers since the Cold War. Bringing new sources and a deep understanding to bear on Yemen's profound, unwitting implication in international affairs, this explosive book ultimately tells an even larger story of today's political economy of global capitalism, development, and the war on terror as disparate actors intersect in Arabia.
Visually Makes You Think
Visually Makes You Think
Empire Files: Abby Martin Exposes What Hillary Clinton Really Represents | TRNN | older, 04/17/16 | 27:07
Democracy Now! U.S. and World News Headlines for Thursday, December 07 [10:09]
Daniel Ellsberg Reveals He was a Nuclear War Planner, Warns of Nuclear Winter & Global Starvation | DN | 12/06/17 | 38:51
Could tension between President Trump and North Korean leader Kim Jong-un bring us to the brink of nuclear war? As tensions ramp up, we discuss what nuclear war would look like with a former nuclear war planner and one of the world's most famous whistleblowers -- Daniel Ellsberg. In 1971, Ellsberg was a high-level defense analyst when he leaked a top-secret report on U.S. involvement in Vietnam to The New York Times and other publications, which came to be known as the Pentagon Papers. He played a key role in ending the Vietnam War. Few know Ellsberg was also a Pentagon and White House consultant who drafted plans for nuclear war. His new book, published Tuesday, is titled "The Doomsday Machine: Confessions of a Nuclear War Planner." We speak with Ellsberg about his top-secret nuclear studies, his front row seat to the Cuban missile crisis, whether Trump could start a nuclear war and how contemporary whistleblowers Chelsea Manning and Ed Snowden are his heroes.
Democracy Now! U.S. and World News Headlines for Thursday, December 07 (FULL) | 59:02
Note: on the full 59:02 video look for small white (or black) circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
  1. Headlines
  2. PLO Leader Hanan Ashrawi: Trump's Jerusalem Order Violates Int'l Law & "Destroys" Chance for Peace
  3. After Trump Makes Jerusalem Capital of Israel, Palestinians Protest "Settlers in the White House"
  4. High-Profile Women Break the Silence on Sex Assaults, But Low-Wage Workers Still Vulnerable to Abuse
Is Saudi Arabia Destroying Yemen to Plunder It? | TRNN | 12/07/17 | 13:22
Trump's 'Criminal' Jerusalem Move Could Backfire | TRNN | 12/07/17 | 8:17
*Trump Declares New Israel Capital | TYT | 12/06/17 | 10:20
*Bannon Attacks Romney, Defends Pedophile Moore | TYT | 12/06/17 | 9:34
Where Are We In The Russia Investigation? | 1a.org | 11/07/17 | 1hr
Every few weeks, there's a new headline about the investigation into Russia's meddling in the 2016 election. This week, it was a big one. As the Washington Post reports: As President Trump delivered his inaugural address on the steps of the U.S. Capitol in January , his new national security adviser, Michael T. Flynn, sent a text to a former business associate telling him that a plan to build nuclear power plants in the Middle East in partnership with Russian interests was "good to go," according to a witness who spoke with congressional investigators.

How is Flynn's texting related to Paul Manafort's indictment? How do the congressional committees factor into this? And who is being questioned about what?

It's tough to keep it all straight, so we sit down with Shane Harris from the Wall Street Journal to get a refresher -- and an update -- on the investigation.

Donald Trump Appears To Slur His Speech During Israel Remarks | The 11th Hour | MSNBC | 12/06/17 | 2:28
The Late Show with Stephen Colbert
Jerusalem, God, And The United Shursh | Stephen Colbert | 12/07/17 | 5:50
The Daily Show with Trevor Noah
#DentureDonald Slurs Through a White House Address | Trevor Noah | 12/06/17 | 5:09
Late Night with Seth Meyers
*What Donald Trump Really Means When He Talks About "Crime" | Seth Meyers | 12/06/17 | 11:03

Wednesday December 06, 2017

Leaders Around The World Incensed Over Trump's Jerusalem Decision
HP | Willa Frej | 12/06/17

Everyone from the Pope to the Kremlin expressed concern that recognizing Jerusalem as the capital of Israel would threaten regional stability.

President Donald Trump sparked an uproar among leaders across the world after he signaled that he would be recognizing Jerusalem as Israel's capital and moving the U.S. embassy there, upending decades of American foreign policy and potentially thwarting any hope for Israeli-Palestinian peace talks.

Trump called Palestinian leader Mahmoud Abbas and the leaders of several U.S. allies on Tuesday to break the news. He is expected to formally announce the decision in a speech on Wednesday. Abbas warned Trump "of the dangerous consequences such a decision would have to the peace process and to the peace, security and stability of the region and of the world," Abbas' spokesman Nabil Abu Rudeina said in a statement after Trump's call. The Palestinian leader also called for three days of protest beginning Wednesday.

The embassy move would represent the "kiss of death" to the Israeli-Palestinian peace process, said Manuel Hassassian, the Palestinian representative to Britain ? an issue Trump has delegated to Jared Kushner, his son-in-law and adviser. Jordan's King Abdullah II and Saudi Arabia's King Salman made similar warnings.

"Mr. Trump, Jerusalem is the red line of Muslims," Turkey's President Tayyip Erdogan said Monday. He additionally threatened to cut Turkey's diplomatic ties with Israel.... Read more

PBS Frontline - Putins Revenge
Putins Revenge part 1 | PBS Frontline | 10/26/17 | 54:10
Putins Revenge part 2 | PBS Frontline | 11/02/17 | 54:36

Top Frustrations With Tax System: Sense That Corporations, Wealthy Don't Pay Fair Share
magazine | author | date

Fewer are bothered by the amount they pay in taxes

A majority of Americans now view the federal tax system as unfair, including similar shares of Republicans and Democrats. But partisans differ in their concerns about the tax system, with Democrats far more likely than Republicans to express frustration that some corporations and wealthy people don't pay their "fair share."

Among the public overall, 62% say they are bothered "a lot" by the feeling that some corporations don't pay their fair share of taxes, and 60% say the same about some wealthy people not paying their fair share. About four-in-ten (43%) say they are bothered a great deal by the complexity of the system. But with the April 18 tax filing deadline approaching, only about a quarter (27%) say they are bothered a lot by the amount they pay in taxes. And just 20% say that about the feeling that the poor do not pay their fair share of taxes. ... Read more
What Bothers Americans about the Federal Tax System?
Click to zoom in

They Can't Make Angry White Guys Fast Enough to Make the GOP Sustainable.

The GOP's Latest Gun Bill Would Be Catastrophic For Women Fleeing Abuse
HP | Melissa Jeltsen | 12/06/17

A potential nightmare situation for victims of domestic violence is brewing in the U.S. House, which is expected to vote this week on a bill that would allow many domestic abusers banned from carrying firearms in their home states to obtain concealed carry permits elsewhere.

The bill, from Rep. Richard Hudson (R-N.C.), allows anyone with a permit from one state to carry hidden, loaded firearms into all other states. Opponents of the legislation, known as the Concealed Carry Reciprocity Act, warn that it would allow the states with the loosest permitting standards to define the laws of the nation and would undermine states' rights to protect their own residents. ... Read more

*Climate Risks from Equatorial Atmospheric Super-Rotation | Paul Beckwith | 12/04/17 | 14:58
Democracy Now! U.S. and World News Headlines for Wednesday, December 06 [15:16]
Democracy Now! U.S. and World News Headlines for Wednesday, December 06 (FULL) | 59:02
Note: on the full 59:02 video look for small white (or black) circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
  1. Headlines
  2. Daniel Ellsberg Reveals He was a Nuclear War Planner, Warns of Nuclear Winter & Global Starvation
Ali Abunimah of the Electronic Intifada says -> Trump's Jerusalem Embassy Move Was Long in the Works | TRNN | 12/05/17 | 10:06
*Col. Larry Wilkerson -> Preemptive Strike on North Korea: Is Trump Wagging the Dog? | TRNN | 12/05/17 | 16:50
*Mueller Subpoenas Trump's Bank Records | TYT | 12/05/17 | 6:58
CNN Host To Roy Moore Spokeswoman: 'Leave My Child Out Of This' | TYT | 12/05/17 | 6:39
Will The Tax Plan Put More Money In My Pocket? | 1a.org | 12/06/17 | 1hr
The GOP tax plan is inching closer to final passage, with lawmakers preparing to hammer out the differences between the House and Senate versions of the bill. And there are some significant differences on everything from personal tax brackets to deductions for mortgages and children to the requirement for individuals to have health insurance.

There's also the question of whether, if the economy is doing as well as the president's tweets indicate, this is the right time to change the tax code.

And, what do Americans actually want from our tax system? A Pew study from April 2017 found that Americans tend to not think it's not very fair.
When Dyslexic Students Are Denied In School | 1a.org | 12/06/17 | 1hr
Dyslexia is one of the most common learning disabilities, affecting up to 17 percent of the population, who have difficulty reading, writing and spelling. Recognizing dyslexia in students who are just learning to read can be difficult, but once the disorder is identified, it can be addressed through special education. The earlier, the better.

A recent investigation by American Public Media reveals that "across the country, public schools are denying children proper treatment and often failing to identify them with dyslexia in the first place."

The APM findings also show that the way schools handle recognizing and educating students with dyslexia could have implications for how all children are taught to read. We look at how one special needs population affects early childhood education and literacy rates across the board.

*Robert Mueller Reportedly Eyeing Deutsche Bank | Rachel Maddow | MSNBC | 12/05/17 | 26:37
Time Names Its 2017 Person Of The Year: Silence Breakers | Morning Joe | MSNBC | 12/06/17 | 10:19
Former Ambassador Nicholas Burns Questions Jerusalem Move: 'Why now?" | Morning Joe | MSNBC | 12/06/17 | 7:33
Steve Bannon Shows His Fright Over Mitt Romney Running | Morning Joe | MSNBC | 12/06/17 | 21:44
Second Lady Karen Pence Finds Donald Trump "Totally Vile" | All In | MSNBC | 12/05/17 | 6:37
The Late Show with Stephen Colbert
The Madness Of Defending Roy Moore | Stephen Colbert | 12/06/17 | 5:31
Paul Manafort Is Colluding From Home | Stephen Colbert | 12/06/17 | 2:26
The Daily Show with Trevor Noah
Republicans Renew Their Support for Roy Moore | Trevor Noah | 12/05/17 | 2:53
Late Night with Seth Meyers
The Check In: Rick Perry and the Department of Energy | Seth Meyers | 12/05/17 | 8:29
PBS Frontline - The Putin Files
  1. "Putin's Revenge" | Trailer | PBS Frontline | 10/18/17 | 0:31
  2. INTRODUCING: The Putin Files | PBS Frontline | 11/01/17 | 0:49
  3. The Putin Files: James Clapper | PBS Frontline | 11/01/17 | 47:04
  4. The Putin Files: John Brennan | PBS Frontline | 11/01/17 | 2:01:22
  5. The Putin Files: Victoria Nuland | PBS Frontline | 11/01/17 | 1:14:36
  6. The Putin Files: John Podesta | PBS Frontline | 11/01/17 | 55:21
  7. The Putin Files: Julia Ioffe | PBS Frontline | 11/01/17 | 1:47:57
  8. The Putin Files: Michael McFaul | PBS Frontline | 11/01/17 | 41:45
  9. The Putin Files: Jake Sullivan | PBS Frontline | 11/01/17 | 55:53
  10. The Putin Files: Vladimir Ryzhkov | PBS Frontline | 11/01/17 | 1:03:43
  11. The Putin Files: Evelyn Farkas | PBS Frontline | 11/01/17 | 37:02
  12. The Putin Files: David Sanger | PBS Frontline | 11/01/17 | 51:06
  13. The Putin Files: Peter Baker | PBS Frontline | 11/01/17 | 2:12:52
  14. The Putin Files: Susan Glasser | PBS Frontline | 11/01/17 | 1:30:08
  15. The Putin Files: Gleb Pavlovsky | PBS Frontline | 11/01/17 | 1:25:36
  16. The Putin Files: Daniel Fried | PBS Frontline | 11/01/17 | 1:07:29
  17. The Putin Files: Masha Gessen | PBS Frontline | 11/01/17 | 1:58:37
  18. The Putin Files: Celeste Wallander | PBS Frontline | 11/01/17 | 1:03:57
  19. The Putin Files: William Burns | PBS Frontline | 11/01/17 | 49:17
  20. The Putin Files: Jon Wolfsthal | PBS Frontline | 11/01/17 | 1:00:26
  21. The Putin Files: Mikhail Zygar | PBS Frontline | 11/01/17 | 1:06:59
  22. The Putin Files: Jon Finer | PBS Frontline | 11/01/17 | 51:09
  23. The Putin Files: Strobe Talbott | PBS Frontline | 11/01/17 | 36:09
  24. The Putin Files: Jeh Johnson | PBS Frontline | 11/01/17 | 51:23
  25. The Putin Files: Masha Lipman | PBS Frontline | 11/01/17 | 1:32:52
  26. The Putin Files: Yekaterina Schulmann | PBS Frontline | 11/01/17 | 58:58
  27. The Putin Files: David Hoffman | PBS Frontline | 11/01/17 | 2:20:19
  28. The Putin Files: Yevgenia Albats | PBS Frontline | 11/01/17 | 1:43:12
  29. The Putin Files: Vladimir Kara-Murza | PBS Frontline | 11/01/17 | 1:03:18
  30. The Putin Files: Andrei Soldatov | PBS Frontline | 11/01/17 | 1:31:59
  31. The Putin Files: Antony Blinken | PBS Frontline | 11/01/17 | 1:01:58
  32. The Putin Files: John Beyrle | PBS Frontline | 11/01/17 | 1:10:55
  33. The Putin Files: Joshua Yaffa | PBS Frontline | 11/01/17 | 1:42:39
  34. The Putin Files: Ryan Lizza | PBS Frontline | 11/01/17 | 1:04:34

More News Menu

National Debt - TRILLIONS
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]

National Debt
US Debt Stacked in $100 bills
United States owes a lot of money, with its debt equal to the size of the economy as of 2012. See the Statue of Liberty & WTC being dwarfed by the debt.


Now... Who Own the Derivative Time Bomb?

Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; Is Morgan Stanley Sitting On An FX Derivative Time Bomb?
Zero Hedge | Author | 09/24/11

The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure (HSBC replaced Wells as the Top 5th bank, which at $3.9 trillion in derivative exposure is a distant place from #4 Goldman with $47.7 trillion). The top 4 banks: JPM with $78.1 trillion in exposure, Citi with $56 trillion, Bank of America with $53 trillion and Goldman with $48 trillion, account for 94.4% of total exposure. As historically has been the case, the bulk of consolidated exposure is in Interest Rate swaps ($204.6 trillion), followed by FX ($26.5TR), CDS ($15.2 trillion), and Equity and Commodity with $1.6 and $1.4 trillion, respectively. Read more


02.10.2011. 07:16

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