bank-reform

bagelsandheists  asked:

Have you read "A Burglar's Guide to the City" by Geoff Manaugh? All about modern thievery and burglarly. Seems right up your alley

Oh, that looks fabulous, thanks!

Blurb:

At the core of A Burglar’s Guide to the City is an unexpected and thrilling insight: how any building transforms when seen through the eyes of someone hoping to break into it.

Encompassing nearly 2,000 years of heists and break-ins, the book draws on the expertise of reformed bank robbers, FBI Special Agents, private security consultants, the L.A.P.D. Air Support Division, and architects past and present.

Whether picking locks or climbing the walls of high-rise apartments, finding gaps in a museum’s surveillance routine or discussing home invasions in ancient Rome, A Burglar’s Guide to the City ensures readers will never enter a bank again without imagining how to loot the vault or walk down the street without planning the perfect getaway.

Americans who are excited about Bernie Sanders

remember when you were excited about Obama? Wasn’t he going to do all that stuff - healthcare, hold the banks accountable, immigration reform, bring home troops, stand up to big Pharma, abolish Guantanamo… think back. Why will it be different this time?

Watch on paulcurrier-blog.tumblr.com

Watch “The Secret of Oz” here:
http://www.youtube.com/watch?v=swkq2E8mswI

huffingtonpost.com
Bank of America takes major hit in S&P downgrade

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NEW YORK — Standard & Poor’s Ratings Services has lowered its credit ratings for many of the world’s largest financial institutions, including the biggest banks in the U.S.

Bank of America Corp. and its main subsidiaries are among the institutions whose ratings fell at least one notch Tuesday, along with Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley and Wells Fargo & Co.

S&P said the changes in 37 financial companies’ ratings reflect the firm’s new criteria for banks, and they incorporate shifts in the industry and the role of governments and central banks worldwide. The agency did not release its evaluation of each company but said it plans to discuss the changes during a conference call early Wednesday.

Bank of America’s issuer credit rating was cut to “A” from “A+,” while its Countrywide Financial Corp. and Merrill Lynch & Co. Inc. units and a series of related subsidiaries were cut to “A-” from “A.”

Ratings downgrades are never seen as positive, but this round may be particularly damaging for Bank of America.

Concern already was growing Tuesday about whether B of A has enough capital to withstand another downturn in the U.S. economy or further trouble in Europe, and the bank’s stock fell to a two-year low before the ratings announcement.

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#BernieSanders visited New York City to give a speech about his progressive plan to break up the banks and reform Wall Street: “The greed of Wall Street and corporate America is destroying the very fabric of our nation. And here is a New Year’s resolution that I will keep if elected president, and that is, if Wall Street does not end its greed, we will end it for them…Our goal must be to create a financial system and an economy that works for all of our people, not just a handful of billionaires.” Bernie’s supporters were energetic and enthusiastic, showing love for the Vermont senator in the Big Apple.