Rothschilds to merge British and French visible banking operations to secure control

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Keep in mind this is not talk about shareholder % in Central Banks, this is smaller visible "legit" banks.

TELEGRAPH:
The 200-year-old banks will be reunited under a single shareholding that will bring together the fortunes of the French and English sides of the renowned family as they attempt to safeguard the business against the effects of new regulation and the fallout from the global financial crisis.

Paris Orleans, the Rothschild Group's Paris-based holding company, will convert into a French limited partnership, securing the families' control of the bank against potential takeovers. The new partnership will then buy out minority investors in NM Rothschild & Sons, the UK business, as well as outstanding minority interests in the French operations.

David de Rothschild will become chairman of the partnership and said the new structure would help the bank "better meet the requirements of globalization in general and in our competitive environment in particular, while ensuring my family's control over the long term".

Mr de Rothschild is a descendant of Baron James de Rothschild, who established the family's Paris-based bank 200 years ago.

http://www.telegraph.co.uk/finance/...nch-banking-operations-to-secure-control.html
 
The hemoglobin stain on hands of bankers is red indeed.

The real hunger games: How banks gamble on food prices – and the poor lose out

Speculation by large investment banks is driving up food prices for the world's poorest people, tipping millions into hunger and poverty. Investment in food commodities by banks and hedge funds has risen from $65bn to $126bn (£41bn to £79bn) in the past five years, helping to push prices to 30-year highs and causing sharp price fluctuations that have little to do with the actual supply of food, says the United Nations' leading expert on food.

Hedge funds, pension funds and investment banks such as Goldman Sachs, Morgan Stanley and Barclays Capital now dominate the food commodities markets, dwarfing the amount traded by actual food producers and buyers. Purely financial players, for example, account for 61 per cent of investment on the wheat futures market, according to the World Development Movement report Broken Markets.

http://www.independent.co.uk/news/w...od-prices--and-the-poor-lose-out-7606263.html
 
As long as you can buy politicians in the so-called democracy, nothing will change. The fact that politicians can accept donations (read: legalized bribes) is mind-boggling for me.
All should start running from equal ground having exactly the same amount of funds.
The system is in a desperate need of a major overhaul which will never happen as long as the same corrupt people who love this current system are in charge.
Idealistic rant over.
 
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