January 25, 2013 0

Italian PM Under Fire; Italy’s 3rd Largest Bank Hid Derivative Losses: ECB Says "Matter for the Italian Authorities" (To Sweep Under the…

By News Desk

Italian PM Under Fire; Italy’s 3rd Largest Bank Hid Derivative Losses: ECB Says "Matter for the Italian Authorities" (To Sweep Under the Rug) When Mario Draghi (now ECB President), had oversight of the Italian bank system as Bank of Italy Governor, the Italian bank Monte dei Paschi di Siena (Italy’s third largest bank) hid information on the derivatives transactions between 2006 and 2009. This information is just now out, and shares of the bank have plunged 22% in a few days

January 24, 2013 0

Syria’s Muslim Brotherhood Propped Up by US Since 2007 Under Bush

By News Desk

The report, written by Jay Solomon, echoes similar foreshadowing of the coming violent sectarian bloodbath now engulfing Syria, found in Pulitzer Prize-winning journalist Seymour Hersh’s New Yorker piece titled, " The Redireciton: Is the Administration’s new policy benefiting our enemies in the war on terrorism? " Solomon begins by stating:  On a humid afternoon in late May, about 100 supporters of Syria’s largest exile opposition group, the National Salvation Front, gathered outside Damascus’s embassy here to protest Syrian President Bashar Assad’s rule. The participants shouted anti-Assad slogans and raised banners proclaiming: "Change the Regime Now." Later in the article, it would be revealed that the National Salvation Front (NSF) was in contact with the US State Department and that a Washington-based consulting firm in fact assisted the NSF in organizing the rally: In the weeks before the presidential election, the State Department’s Middle East Partnership Initiative, which promotes regional democracy, and NSF members met to talk about publicizing Syria’s lack of democracy and low voter turnout, participants say