Fraud office’s ‘deferred prosecution’ trick shields top bosses from legal action

Banks highlights

Economy / Fraud office’s ‘deferred prosecution’ trick shields top bosses from legal action

The lords of finance capital have long made it clear that they are above the law: now it’s being implicitly accepted by those who supposedly ‘regulate’ their activities.

15 Jul 2021 ,
Industry / The Sanjeev Gupta, Lex Greensill and David Cameron affair

Once again we see the absurdity of a system that leaves the fate of essential industries and millions of workers in the hands of rapacious fraudsters.

21 May 2021 , Lalkar
Industry / Greensill debacle: the door keeps revolving

The collapse of this particular debt-laden finance house is drawing public attention to some very uncomfortable truths.

3 May 2021 ,

Industry / Cameron’s hand caught trapped in the till as Greensill collapses

The collapse of yet another debt-laden house of cards has shone a light on the revolving door between career politicians and the corporations they serve.

27 Mar 2021 , Proletarian
Industry / With ‘saviours’ like Gupta, who needs enemies?

If you are rich enough, you can get richer still without spending a penny; it is the workers who pay when the vultures’ schemes collapse.

9 Mar 2021 , Proletarian
Economy / GameStop stops Wall Street

Activist amateur traders ‘driven by righteous anger’ very nearly broke at least one hedge vulture’s bank, causing panic on the stock exchange.

2 Feb 2021 , Proletarian
Economy / Hedge funds flourish on covid misery

As the vaccine race heats up, holders of the right pharma shares are making a killing out of insider trading.

2 Aug 2020 , Proletarian
Venezuela / Bank of England must hand back Venezuela’s gold

Britain’s latest theft is part of a long history of looting and aggression against the Venezuelan people, who continue to struggle for their independence and freedom.

8 Jul 2020 , Lalkar
Pay and conditions / Barclays spies on its own staff

The banking giant is using ‘Big Brother tactics’ to monitor staff and keep their noses to the grindstone.

6 Mar 2020 , Proletarian
Economy / QuickQuid – cut and run

Having extorted millions from struggling austerity-hit families, the US-backed payday lender is pocketing its loot and getting out.

30 Oct 2019 ,
Capitalist crisis / New recession will hit workers still paying the price of the last one

The capitalist system is unable to find a way out of the downward spiral of overproduction, crisis, austerity and war.

10 Sep 2019 , Lalkar
Greece / Devastating Athens fires caused by greedy ‘development’ speculation

Profits are valued over human life and the natural environment as at least 84 Greek people are declared dead, over 120 more are missing and 2,000 homes destroyed.

2 Aug 2018 , Proletarian
Greece / Crunch time for Syriza?

The bloodsuckers are running out of ways to keep Greece paying out. The imminent explosion will rock the world’s financial systems.

1 Jun 2015 , Proletarian
Theatre / Play: The Power of Yes by David Hare

Explaining nothing, this play is aimed merely at letting off some steam without getting any nearer to a solution to society’s systemic problems.

1 Oct 2009 , Proletarian

Banks theory

Theory / Modern monetary theory: is there a magic money tree?

Those who would change the world must first understand it: Marxist economics is the antidote to bourgeois voodoo.

22 Oct 2020, Lalkar
Capitalist crisis / Trump and US capitalism in perspective – interest rates and the Federal Reserve

The US government is rolling big in the capitalist casino.

13 Jun 2018, Proletarian

1
Mao Zedong on contradiction

A masterly exposition of how to use dialectics to change the world, by the leader of the Chinese revolution.
2
Labour party conference not a ‘safe space’ for women
3
Who is peddling the ‘Uyghur genocide’ myth, and why?
4
Palestine solidarity motion deepens division in the Labour party’s ranks
5
Housing and architecture in the Soviet Union
6
Workers in eastern Europe and former Soviet states prefer socialism
7
Anglo-American plot to assassinate Julian Assange on London’s streets
8
Book: Identity Politics and the Transgender Trend
9
Identity politics are anti-Marxian and a harmful diversion from the class struggle
10
The reactionary nightmare of ‘gender fluidity’

Banks highlights

Economy / Fraud office’s ‘deferred prosecution’ trick shields top bosses from legal action

The lords of finance capital have long made it clear that they are above the law: now it’s being implicitly accepted by those who supposedly ‘regulate’ their activities.

Industry / The Sanjeev Gupta, Lex Greensill and David Cameron affair

Once again we see the absurdity of a system that leaves the fate of essential industries and millions of workers in the hands of rapacious fraudsters.

Industry / Greensill debacle: the door keeps revolving

The collapse of this particular debt-laden finance house is drawing public attention to some very uncomfortable truths.

Industry / Cameron’s hand caught trapped in the till as Greensill collapses

The collapse of yet another debt-laden house of cards has shone a light on the revolving door between career politicians and the corporations they serve.

Industry / With ‘saviours’ like Gupta, who needs enemies?

If you are rich enough, you can get richer still without spending a penny; it is the workers who pay when the vultures’ schemes collapse.

Economy / GameStop stops Wall Street

Activist amateur traders ‘driven by righteous anger’ very nearly broke at least one hedge vulture’s bank, causing panic on the stock exchange.

Economy / Hedge funds flourish on covid misery

As the vaccine race heats up, holders of the right pharma shares are making a killing out of insider trading.

Venezuela / Bank of England must hand back Venezuela’s gold

Britain’s latest theft is part of a long history of looting and aggression against the Venezuelan people, who continue to struggle for their independence and freedom.

Pay and conditions / Barclays spies on its own staff

The banking giant is using ‘Big Brother tactics’ to monitor staff and keep their noses to the grindstone.

Economy / QuickQuid – cut and run

Having extorted millions from struggling austerity-hit families, the US-backed payday lender is pocketing its loot and getting out.

Capitalist crisis / New recession will hit workers still paying the price of the last one

The capitalist system is unable to find a way out of the downward spiral of overproduction, crisis, austerity and war.

Greece / Devastating Athens fires caused by greedy ‘development’ speculation

Profits are valued over human life and the natural environment as at least 84 Greek people are declared dead, over 120 more are missing and 2,000 homes destroyed.

Greece / Crunch time for Syriza?

The bloodsuckers are running out of ways to keep Greece paying out. The imminent explosion will rock the world’s financial systems.

Theatre / Play: The Power of Yes by David Hare

Explaining nothing, this play is aimed merely at letting off some steam without getting any nearer to a solution to society’s systemic problems.

Banks topics

Banks theory

Theory / Modern monetary theory: is there a magic money tree?

Those who would change the world must first understand it: Marxist economics is the antidote to bourgeois voodoo.

Capitalist crisis / Trump and US capitalism in perspective – interest rates and the Federal Reserve

The US government is rolling big in the capitalist casino.

popular content

Mao Zedong on contradiction

Labour party conference not a ‘safe space’ for women

Who is peddling the ‘Uyghur genocide’ myth, and why?

Palestine solidarity motion deepens division in the Labour party’s ranks

Housing and architecture in the Soviet Union

Workers in eastern Europe and former Soviet states prefer socialism

Anglo-American plot to assassinate Julian Assange on London’s streets

Book: Identity Politics and the Transgender Trend

Identity politics are anti-Marxian and a harmful diversion from the class struggle

The reactionary nightmare of ‘gender fluidity’