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Features

Latest addition : 9 September.

This section contains articles on theoretical, analytical and historical themes usually longer than articles published in the news magazine section.

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Footnotes

[1] “But the only fully consistent hypothesis to reconcile the discordant elements of the Bank’s actions, performance, and stated goals was that of a bureaucracy that had become an end in itself, driven by an institutional culture of expansion and a will to power for its own sake.” in Rich, Bruce. 1994. Mortgaging the Earth, Earthscan, London, p. 103

[2] European Commission, “State aid : State aid: crisis-related aid aside, Scoreboard shows continued trend towards less and better targeted aid”, Brussels, 21 December 2012. http://europa.eu/rapid/press-release_IP-12-1444_en.htm

[3] The Belgian government acquired 10% of the shares of the biggest French bank BNP Paribas (that has been fined $9 billion by US authorities in June 2014), It so becomes the biggest shareholder but without voting rights on the board of directors and its two chosen representatives take part independently!

[4] M. David Kapah, director of Dexia Israel, made this explicit declaration before the Knesset finances commission on 19 June 2007.

[5] http://www.intal.be/files/DEXIA_PLATFORM_PLATE-FORME.pdf (in French)

[6] Official site: http://www.hsbc.com/about-hsbc

[7] See official site: http://www.hsbc.com/about-hsbc

[8] See: Banks and the New ‘’ed £12.5bn’,g at conferences tation markswe work on the final check we know what to compare it to...Too Big to Jail’ Doctrine

[9] HSBC has also had dealings with a Saudi bank suspected of financial collaboration with Al Qaida. It is accused by the US justice of having transgressed embargo restrictions. see http://www.bloomberg.com/news/2013-07-02/hsbc-judge-approves-1-9b-drug-money-laundering-accord.html and http://www.theguardian.com/business/2012/dec/11/hsbc-bank-us-money-laundering

[10] Matt Taibbi, ‘Gangster Bankers: Too Big to Jail. How HSBC hooked up with drug traffickers and terrorists. And got away with it,’ 14 February 2013, http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20130214

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