Jesse's Café Américain Wed 2010-02-03 20:13 EST
Italy Seizes Bank of America Assets In Derivatives Fraud Probe
"more than 519 municipalities that face 990 million euros in derivatives losses"...Globalization is used as a rationale for stripping nations of their sovereign rights, and the people from their ability to rule and protect themselves in accord with their own beliefs and preferences...The US is a relative safe haven for multinational corporations that engage in various forms of fraud and market manipulation around the world, like modern day privateers. It appears unable to regulate them because of widespread political corruption and the self interest of its monied elite.
America assets; Derivatives Fraud Probe; Italy Seizes Bank; Jesse's Café Américain.