Michael Hudson – Life & Thought (fascinating)

A Marxist who worked for capitalists/imperialists – and actually helped them, but was also able to lay bare that exploitation, explain it, and then get at its ancient roots. To hear him tell it, there doesn’t seem to be a contradiction. I’d have more than a few questions for him if I had the chance. I’ve been listening to him for years, but had no clue about his personal history and connection to the left. And the last few minutes is elucidating in more ways than one. Many questions that will never be answered…What can I say? Fascinating.

Five Big Banks Plead Guilty to Rigging Currency Markets,Get Slap on Wrist,Investors are pleased [Video]

“…essentially banking has become a kind of criminal enterprise. And we’re talking about multiple crimes over multiple years, committed by the same institutions under the administration of the same senior executives. So it isn’t a quick case of one or two rogue traders or bad actors here. We have an institutional problem, a real culture of crime and opportunism within these financial institutions.” – James S. Henry