Financial Speculation

Bankers or ‘Banksters’?

By Julio Godoy
European media, political leaders, and the citizenry are bashing bankers again, overtly calling them at best accomplices of numerous illegal activities, at worst downright criminals.

Europe Dithering on Tobin Tax

By Julio Godoy
Despite the grave financial and sovereign debt crisis sweeping the region, the European Union has once again failed to reach unanimous approval of a proposition made by its executive body, the European Commission (EC), to tax financial transactions in order to reduce speculation and increase state revenues.


mafia democracy: how our republic became a mob racket