Banks


The Denmark-based multinational Danske Bank is one of the world’s largest, with assets worth about $600 billion. Its new marketing campaign, fascinating in much the same fashion as a train wreck, is based around the slogans “Occupy” and “A New Normal”:

The strategy is intended to restore trust in the Bank and ensure that we live up to our new vision of being “Recognised as the most trusted financial partner.” In order to reach that objective, we must set new standards for banking operations.


Will unregulated, debt-based financial products destroy the world? Bloomberg reports that the funneling of capital into instruments of so-called “shadow banking” continues to balloon to unimaginably large proportions: The shadow banking industry…




The U.K.-based Spinwatch has created an eight-minute film on the “private conversations” between government and the banking industry, and the industry’s use of lobbying and public relations to attempt to shape consensus reality in the wake of the financial crisis:

‘What The Bankers Did Next…’ takes a look at the government’s close relationship with the finance industry, some of the key players involved, and their efforts to manage public opinion and shut down debate.







4mmcReminiscent of the 2001 anthrax letters, several banks received letters with notes telling the recipients “You have 10 seconds to stop working,” “You are not in control” and “Fuck the banks,” reports CBS New York:

Envelopes containing white powder turned up at multiple banks in Manhattan on Monday, police told 1010 WINS.

Five of the envelopes were sent to Wells Fargo banks, one was sent to JP Morgan Chase headquarters and another was sent to Mayor Michael Bloomberg’s Office and ended up in a mailroom on Gold Street.

The powder was determined to be cornstarch, police said.

Hazmat teams and detectives were dispatched to banks all afternoon checking for possible threats, 1010 WINS’ Sonia Rincon reported. The envelopes also contained notes that were nearly identical, containing references to “May Day,” …



AtheistChris Morran writes on the Consumerist:

Consumerist reader Mike has a Capital One credit card. He’d hoped to get one of the bank’s customizable “Image Cards” printed with a big red “A” for atheism. His initial upload was rejected by Capital One, which sent him a long list of possible reasons. And when he called to appeal, things just more bizarre.

The first person Mike spoke with said they had no idea why it was rejected and submitted his appeal.

Then the image was rejected a second time. “I spoke to someone after the second rejection that someone there said that there was a note in my file regarding the fact that they do not allow religious or anti-religious images,” Mike tells Consumerist.

And yes, far down that list of possible reasons for rejecting a card, CapOne does list “Controversial subject matter such as political or religious statements and/or images.”







Presenting a subversive way to strike back at the banking behemoths and credit card junk mailers clogging your physical mailbox, and to generally excise your daily stress and aggression, via a few small stuffed postal packets:


This Occupy Wall Street themed video from DC Douglas was heartily endorsed by MoveOn.org, which emailed its members this endorsement:

Occupy Wall Street is Fox News’ worst nightmare, so they’re doing everything they can to downplay this movement and distort its message. It’s up to people like us to tell the real story. This amazingly powerful video—featuring Elizabeth Warren, no less—does exactly that. It’s a must-see for everyone in America who’s got any questions about what #OWS is really all about.




The trader who went on BBC News and admitted that banks rule the world, not governments, appears to have the media reeling, not sure whether or not to believe this brazen bit of truth-telling.

New York Magazine’s Daily Intel summarizes the confusion:

A trader by the name of Alessio Rastani told a shocked BBC News reporter yesterday, “The governments don’t rule the world, Goldman Sachs rules the world.” He warned, “The savings of millions of people are going to vanish,” and said viewers should “get prepared” because the “economic crisis is like a cancer, if you just wait and wait thinking this will go away, just like a cancer it’s going to grow and it’s going to be too late.”…


In a fantastic new series called Meltdown, Al Jazeera looks at the people and machinations around the globe that were behind the financial collapse of 2008, beginning with the assertion that for a brief period, Henry Paulson “was the de facto president of the United States.”