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Entries by Ellen Brown from 10/2010

ForeclosureGate and Obama's Pocket Veto

| Posted 10.06.2010 | Business

The giant banks can be broken up and replaced with a network of publicly-owned banks and community banks, which could do a substantially better job of serving consumers and businesses than Wall Street is doing now.

Time to Break Up the Too-Big-to-Fail Banks?

| Posted 10.15.2010 | Business

Looming losses from ForeclosureGate qualify as the sort of systemic risk warranting the breakup of the too-big-to-fail banks under the Financial Reform Bill.

China's Creative Accounting: How It Buried Its Debt and Forged Ahead with Stimulus

| Posted 10.29.2010 | Business

China's government can direct its banks to advance credit in the national currency as needed, because it owns the banks. Ironically, the Chinese evidently got that idea from us.