Category Banksters

Policy change at the S.E.C.

My first post here at Polizeros was about that Manhattan federal court judge who rejected a proposed settlement between the S.E.C. and Citigroup last November. The S.E.C. has just announced that it is changing its policy on some settlements. The…

Belgium slashes Dexia guarantee

Belgium and France have decided to halve the guarantees that they provided for Dexia’s bad bank. The bad bank was created to group all Dexia’s problematic loans when the group was dismantled last October. Journalist Andy Carling in Belgium tells…