Global Financial Crisis Act II – Deutsche Bank Part 2

Part 2 of the series describes the sequence of a typical bank failure and explores the list of options available to Deutsche Bank and the likely outcomes.

October 3, 2016
In-depth topic: Bank Bail-in

The commercial break at the close of the opening act of the global financial crisis in 2008 is finished. Here comes Act 2 with the globe’s most risky bank as featured guest.

If peoples of different nations, not just transnational corporations, have a say in multilateral trade treaties like the TPP and TTIP, what provisions would be prominently featured?

While it is indeed comforting to learn that Uruguay has won its ISDS arbitration case against Philip Morris, a deeper, more fundamental question remains unanswered.



Latest from the web


A very big-picture look at how the end of growth will bring on a paradigmatic shift, global rising discontent and reverse of glottalization and centralization prevalent in the past decades after the last world war.

October 23, 2016

Revealed: Australian miner used arbitration threat to upend Indonesian environmental law

Under the country’s prior military dictatorship, Australian Newcrest Mining plus 12 other companies were granted ‘exemptions’ from Indonesia’s law banning environmentally destructive form of mining in protected forest areas. When the newly democratized country tried to enforce the rule, the companies threatened to sue under ISDS. Officials did the math …

September 17, 2016

The 101 on how global trade treaties came to threaten the environment

A very comprehensive look at the history of ISDS from GATT to NAFTA.

September 11, 2016

Art Berman: Labor Day Weekend Oil Special

this interview with oil expert Art Berman is a must-listen for those who want a better understanding of the macro drivers of oil prices.

September 5, 2016
In-depth topic: Crude Oil

The Court That Rules The World

This article exposes yet another toxic element of ISDS – how it is used by executives of transnational convicted of crimes escape punishment.

September 3, 2016

Mass protest in Germany against CETA

125,000 Germans joined the largest yet filed against CETA (Canadian version of TTIP).

September 3, 2016

TTIP: The most dangerous weapon in the hands of the fossil fuel industry

According to the UN, 35% of all ISDS cases in which corporations are suing governments are related to climate change. In 2014, half of the new ISDS cases targeted policies affecting oil and gas extraction, mining, or power generation.

July 27, 2016

Italy Granted “Extraordinary ” €150BN Bank Bailout Program To Prevent “Panic, Run On Deposits”

Under the cover of market turbulance as a result of Brexit, Italy/EU injected €40 into its banking secor and also tossed in a €150 billion (US $166 billion) of guarantees in their latest effort in preventing a bank run on Italian banks.

July 3, 2016
In-depth topic: Bank Bail-in

European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks

Two days of breathtaking losses for the European banking shares after Brexit clearly shows the fragility of the banking sector there. Brexit is just one of the many possible triggers causing another banking crisis to flare-up.

June 27, 2016
In-depth topic: Bank Bail-in

India Seeks To Renegotiate 47 Investment Treaties Because Of Their Corporate Sovereignty Clauses

Following the footsteps of South Africa and Bolivia, India is the next country trying to re-negotiate or cancel a large number of treaties with ISDS provisions.

June 7, 2016