Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Michael Hudson on Fictictious Capital, Interviewed by Max Keiser
Michael Hudson
01 Aug 2012
🖨️ Print Article

by Michael Hudson

When crooked bankers make loans against non-existent assets there are two names for the practice. One is "investment banking". The other is the f-word, "fraud".

Do you need and appreciate Black Agenda Report articles? Please click on the DONATE icon, and help us out, if you can.


More Stories


  • Black Alliance for Peace Haiti/Americas Team
    Black Alliance for Peace Condemns US Black (Mis)Leaders for their Support of US Military Intervention and Occupation of Haiti
    19 Jun 2024
    The ruling elite uses black misleaders to shore up support for imperialist objectives. Currently, these misleaders are freely and happily offering their services in support of the invasion and…
  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    The Problem with Juneteenth
    19 Jun 2024
    Juneteenth was a people's holiday with deep meaning for the descendants of enslaved people. But the declaration of an official federal holiday has turned it into an opportunity for corporate…
  • Irvin Jim, NUMSA General Secretary
    NUMSA Statement on the National Elections Results and Coalitions
    19 Jun 2024
    With its recent historic loss of the Parliament majority, the African National Congress has formed a coalition with the Democratic Alliance, heir to the old apartheid regime, demonstrating its…
  • Abayomi Azikiwe
    Nigerian Trade Unions Stage Two-day Strike amid Economic Crisis
    19 Jun 2024
    Newly elected President Bola Tinubu, the Chair of ECOWAS, has mounting political problems while advocating military intervention in neighboring Niger.
  • Ezra McCoy
    Roc Nation’s Lobbying Efforts Cast Suspicion on Jay Z’s Association with GOP’s Top Funder
    19 Jun 2024
    Jay Z has consistently shown himself willing to be used as a Black face to run cover for conservative political endeavors. He is now promoting a voucher program that will reduce funding for…
  • Load More
Subscribe
connect with us
about us
contact us