Tag Archives: banking

NEW YORK CITY: Activists Demand “Robin Hood Tax” On Financial Institutions

Yesterday about a thousand activists marched on the United Nations, demanding the creation of a so-called “Robin Hood Tax” on Wall Street and financial institutions around the world. Forbes posted a press release: To commemorate the 2nd Anniversary of Occupy Wall Street, the Robin Hood tax coalition that consists of two hundred million supporters around the world including Occupy Wall …

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Pay With Your Face

Minority Report. It’s here. In Finland, at least. Finland-based company Uniqul is preparing to release a payment system that uses facial recognition software to link a customer with his or her bank account. Instead of swiping a credit card to purchase goods (which is so painfully last-century), now you can just gaze into a camera.  A Uniqul tablet at check-out …

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Headline Of The Day

Details. I’d have blamed the cat.

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SPAIN: Flamenco Flash Mob

The BBC reports: Flamenco flash mobs – seemingly spontaneous dance and song performances – have been taking place in banks not just in Seville, but all over Andalusia, causing short, if amusing disruptions to the working day. Some involve just one or two dancers, performing silently in front of bemused customers and clerks. Others can be made up of several …

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Paul Singer Gives $250K To MD Marriage

Hedge fund mogul Paul Singer has donated $250K to Marylanders for Marriage Equality.   HRC reacts via press release: “Paul’s leadership on marriage equality continues to amaze and sets an example for other fair-minded members of the Republican Party,” said Chad Griffin, president of the Human Rights Campaign, a founder of Marylanders for Marriage Equality. “His investment in the equality and …

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Greece May Leave Euro Zone

It appears that Greece may leave the Euro Zone and return to a national currency by June 18th, a move that may spark banking panic in other nations where only the first 100,000 Euros on deposit are insured. “Preventing bank runs in Italy, Spain and Portugal should be the top priority,” said Berenberg Bank economist Holger Schmieding. “Policymakers need to …

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JPMorgan Melts Down

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At Yesterday’s NYC May Day March

More photos.

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Jesus Is Preapproved

If you want mythological figures on your Capital One card, there are dozens of preapproved images to select from. But you want the simple stylized letter “A” that signals atheism, that’s against the rules. Consumerist has more. (Tipped by JMG reader Kevin)

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Petition: Banks Should Condemn Uganda

Over 170,000 people have signed a petition demanding that two major international banks issue condemnations of Uganda’s pending “kill the gays” bill. With the “Kill the Gays” bill looming in Uganda’s parliament, Citibank and Barclays have unique and necessary voices that could help stop this bill in its tracks. Their presence in Uganda is significant, and their voices in opposition …

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Wall Street Backs Romney

In order to thwart legislation intended to prevent a repeat of the 2008 financial meltdown, Wall Street firms have donated twice as much to the Romney campaign as they’ve given to Obama. The financial services industry is poised to set records in one arena in 2012: politics. The beleaguered sector is pumping tens of millions of dollars into campaigns and …

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UK To EU: Good Luck With Euro Mess

British Prime Minister David Cameron has refused to sign on to the just-struck pact to save the Euro. All 17 nations that use the Euro have signed on. Cameron said Britain refused to sacrifice sovereignty to save the euro, remaining outside an agreement by European nations to tighten budget rules. Cameron broke ranks with French President Nicolas Sarkozy and German …

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British Government Warns Ex-Pats Of Potential Riots Over Euro Collapse

The British government has advised its embassies across Europe that they are to write up emergency plans to assist ex-pats in the event of rioting over the collapse of the Euro. Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising from the debt crisis. The Treasury confirmed earlier this month that contingency planning for …

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$13M Spent Nationally On OWS

Think Progress reports that wingnut blogs are going apeshit over the just-released estimate on police overtime and other costs related to OWS. The above chart provides some perspective.

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Anti-OWS Douchebag Is A Scam Artist

Those two brothers who protested against OWS? Turns out one of them is a Wall Street scam artist. Working as a broker in New York in the 1990s, Tabacco was barred from the industry, fined $50,000, and ordered to pay $20,000 in restitution after a misconduct incident, according to Financial Industry Regulatory Authority (FINRA) records. FINRA is not a government …

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Lobbying Firm Offers To “Undermine OWS”

According to a leaked memo, a DC-based lobbying firm often hired by banks pitched its clients on how they could undermine Occupy Wall Street by planting unsavory news items about its participants, among other tactics. CLGC’s memo proposes that the ABA pay CLGC $850,000 to conduct “opposition research” on Occupy Wall Street in order to construct “negative narratives” about the …

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Today In Good/Bad Ad Placements

“Get your cash back,” says Chase in a Huffington Post ad that brackets the front page story about the raid on Zuccotti Park. (Via – Copyranter)

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More New Added Extra Bank Fees

CNN Money: Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Whether you use your card for one purchase a month or 20, you will pay $5 per month starting in 2012. It doesn’t matter if you …

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NEW YORK CITY: Cops Pepper-Spray Wall Street Protesters, Over 100 Arrested

Yesterday the NYPD crashed a protest march from Union Square to Wall Street, pepper-straying some young women and arresting over 100. The #OccupyWallStreet action has been going since last week. Scores of protesters were arrested in Manhattan Saturday as a march against social inequality turned violent. Hundreds of people carrying banners and chanting “shame, shame” walked between Zuccotti Park, near …

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“Day Of Rage” In Five Minutes

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