Occupy Banksters & Crony Capitalism & GREED

Nikkei Posts Biggest Drop In 3 Years As Global Growth Fears Hit Banks
Reuters & HP | author | 02/09/16

Banks took the brunt of the sell-off in Japan while a stronger yen dragged down stocks across the board.

Japan's Nikkei share average posted its biggest daily drop in nearly three years on Tuesday, with banks taking the brunt of the sell-off, while a stronger yen dragged down stocks across the board. The Nikkei ended 5.4 percent lower at 16,085.44 points, its lowest closing level since Jan. 21 and its heftiest percentage drop since mid-2013.

European banks led a global sell-off in financial stocks overnight as signs of stress in the sector mounted, triggering sharp selling in the beaten-down Japanese banking sector. ... Read more

The Idea That Hillary Clinton Took $200k+ Per Speech From Banks and Corporations Is Obscene
Or
Are Our Politicians Being Bought (On Both Sides)
AlterNet | Les Leopold | 02/08/16

The typical American has to work five years to earn that much.

Anderson Cooper: "But did you have to be paid $675,000 [for three speeches to Goldman Sachs]?"

Hillary Clinton: "Well, I don't know. That's what they offered."

Hillary is misleading us at best by saying that her $225,000-per-speech fee, paid three times by Goldman Sachs, was "what they offered." It was not what they offered, it was what Team Hillary demanded.

A review of her 2014 tax return, posted on her website, shows that $225,000 per speech was her minimum fee.

She received $225,000 for 34 of the 41 speeches listed on her tax return. Of the remaining seven speeches, two were for 250,000 and the others for $265,000, $275,000, $285,000, $305,000 and $400,000. In total she received $9,680,000 for these speaking engagements in 2013. Read more

Stephen Colbert | Watch Colbert Roasts Rubiobot Debate Flop & Ben Carson's Debate Entrance (02/08/16) [4:44]

Deutsche Bank Stock Crashes To Record Low
ZeroHedge | author | 02/09/16

Moments ago, in response to DB's open querry on Twitter whether the Dax is "overreacting", we highlighted DB's soaring CDS and asked if perhaps the market was not underreacting. Minutes later the market opined, by sending DB stock to new all time lows. ... Read more

Deutsche Bank Selling Resumes After CEO Assures Employees Bank Is "Absolutely Rock Solid"
ZeroHedge | author | 02/09/16

Yesterday's desperate scramble by Deutsche Bank to comfort markets about its liquidity position worked, for about three hours. And then, the bank which really should just keep its mouth shut, did the opposite and reminded an already panicked market just how "serious" things are, in the parlance of Jean-Claude Junkcer, when in an internal memo, the CEO assured his workers that:

World Equity Market "Wealth" Crashes $6 Trillion Below 2007 Highs
ZeroHedge | author | 02/09/16

Global equity market investors have lost a stunning $16.5 trillion of their newfound CB-fueled "wealth" in the last six months. This has erased half of the gains from the 2011 lows (but of course leaves all the debt created still in place). However, what is perhaps more troubling given the unprecedented money-printing since the last crisis peak, is that global equity market "wealth" is now down 10% from its November 2007 prior highs.

Trillions of money printed and debt created and equity "wealth" is now down $6 trillion from the 2007 highs... Read more
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