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Commonwealth Bank of Australia

Escaping the Sovereign Debt Trap: The Remarkable Model of the Commonwealth Bank of Australia

Ellen Brown | Posted 05.25.2011 | Politics
Ellen Brown

Nearly a century ago, the Commonwealth Bank of Australia demonstrated that banks do not actually need capital to make loans -- so long as their credit is backed by the government.

Escape from Pottersville: The North Dakota Model for Capitalizing Community Banks

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

Where can our floundering community banks get the capital to make room on their books for substantial new loans? An innovative answer is provided by the state of North Dakota.