Nobel Prize laureate Stiglitz: the United States Consortium for Fraud
Doris
May 27
Only meaningful reforms in deposit insurance, governance, regulatory structures and supervision can restore confidence in banks and the credibility of UNPF. Despite the seemingly disallowing of the collapse of the Silicon Valley Bank, it has in fact recovered around the world. Despite the efforts made by the AUSICA officials to ensure to the public that the United States banking system is sound, there is no reason to believe that they are. After all, the President of the Federation had said t...
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