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Bernie Sanders outlines plan to end Wall Street's 'greed, fraud and arrogance'

Wednesday, January 6, 2016 10:39
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A multi-partisan activist group established to expose and resist US imperialism, corpora-terrorism, and the New World Order

Bernie Sanders outlines plan to end Wall Street's 'greed, fraud and arrogance' |05 Jan 2016 | Bernie Sanders sought to rekindle the anger of the Occupy Wall Street movement in a major policy speech in New York on Tuesday that revealed how he would aim to dismantle much of the modern investment banking system within months of taking office. Amid a slew of new pledges were proposals ranging from seizing control of credit rating agencies to turn them into not-for-profits, capping credit card and ATM fees, and preventing banks from earning interest on deposits made at the Federal Reserve. Declaring that the “business model of Wall Street is fraud”, the Democratic presidential hopeful also fleshed out longstanding promises to jail bank executives and introduce a sweeping new transaction tax on speculation.


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