Rigged: Banks Rig Treasury Market

Boston’s public sector pension fund accusesall of the biggest US banks  – the so-called “primary dealers” which transact directly with the United States Treasury Department and “have a special obligation to ensure the efficient function” of the American treasury bond market – of colluding to manipulate the $12.5 trillion U.S. Treasury market.  The complaint alleges: Defendants employed a two-pronged scheme to manipulate the Treasury...

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Downing Civilian Airliners and Destroying Ancient Artifacts

The US claims to be outraged by the shoot-down, but its purported indignation was easily debunked at the time of the event, when commentators reminded Washington (leaving out many other acts) that it shot down an obviously civilian plane on a commercial route, Iranian Air flight 655, killing the almost 300 civilians on board.  “The commander of a nearby U.S. vessel, David Carlson, wrote in the U.S. Naval Proceedings that he ‘wondered aloud...

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