Europe May Spare Cyprus's Small Savers from Bank Tax
To head off massive opposition
Cypriots want their money before the government steals it or the banks collapse
Also wants demand boosted in Germany
Bloomberg News recently valued big banks' cheaper borrowing rates because they're too big to fail at $83 billion a year
Rate has been held at 0.5 percent for years
Banks abandon foreclosure process years after booting owners, and suddenly owners are legally liable again
Meet Uncle Sam, global financial leper
Those that do not effectively separate investment and retail operations at risk
It's actually held by foreign subsidiaries in U.S. banks and exists in a sort of limbo
The best-selling author of The Black Swan talks about his new book and why most public intellectuals aren't worth a damn.
Up to 220,000 borrowers affected
Having created the problem, they will "solve" the problem by treating people like idiots
Eliminates uncertainty about what US wants from them
$10 billion settlement with 14 lenders to settle charges
Been pretty generous so far
After seizing homes, lenders failing to pay dues
May automatically share banking data with other predatory governments
Banks pushed the limits of safety to satisfy the law
Whoa! There's something the feds won't promise to bailout.
Homes raided in investigation of interest rate manipulation
Only nine percent are "very confident"
Europe's biggest bank accused of helping facilitate transactions for Mexican drug lords
They could potentially nab hundreds of millions in fines
Help Reason push back with more of the fact-based reporting we do best. Your support means more reporters, more investigations, and more coverage.
Make a donation today! No thanksEvery dollar I give helps to fund more journalists, more videos, and more amazing stories that celebrate liberty.
Yes! I want to put my money where your mouth is! Not interestedSo much of the media tries telling you what to think. Support journalism that helps you to think for yourself.
I’ll donate to Reason right now! No thanksPush back against misleading media lies and bad ideas. Support Reason’s journalism today.
My donation today will help Reason push back! Not todayBack journalism committed to transparency, independence, and intellectual honesty.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges central planning, big government overreach, and creeping socialism.
Yes, I’ll support Reason today! No thanksSupport journalism that exposes bad economics, failed policies, and threats to open markets.
Yes, I’ll donate to Reason today! No thanksBack independent media that examines the real-world consequences of socialist policies.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges government overreach with rational analysis and clear reasoning.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges centralized power and defends individual liberty.
Yes, I’ll donate to Reason today! No thanksYour support helps expose the real-world costs of socialist policy proposals—and highlight better alternatives.
Yes, I’ll donate to Reason today! No thanksDonate today to fuel reporting that exposes the real costs of heavy-handed government.
Yes, I’ll donate to Reason today! No thanks