Europe

‘To Protect the Press,’ Spain Tries to Muffle the Internet

The law hounds the new media, from blogs to Google, to protect the loyal mainstream press from insolvency and irrelevance. Other governments are ogling similar laws.

Why Are TBTF Banks So Happy With The EU Banking Union?

According to the official story, the people of Europe will benefit enormously from the banking union; it imposes greater control and tighter regulation of the banks and saves taxpayers from having to bail them out. Or so it would seem.

Gotham City Takes Down Spanish Joker

Gowex was one of the most recommended stocks in Spain, including among the biggest banks. But under attack by a short-seller, it jumped from denial to confession and collapse in five short days, exposing just how well Spain’s regulators function.

A Dark Alliance: European Union Joins Forces With Wall Street

Negotiations behind closed doors are under way to water down all forms of financial regulation on both sides of the Atlantic via the Transatlantic Trade and Investment Treaty. Leading the charge: not the US government, but an unholy alliance between the European Commission, Wall Street, and the City of London.