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


  • A Curious Tale of an Iceberg with a Hacked Tip
    Dr. Kweli Nzito
    A Curious Tale of an Iceberg with a Hacked Tip
    12 May 2021
    Practitioners of the dark art of bigotry find a perfect camouflage behind impenetrable walls of denial to mask their wicked ways.
  • Biden is Full of Crap on Helping Working People
    Riva Enteen
    Biden is Full of Crap on Helping Working People
    12 May 2021
    If Biden wants to help workers, he can fully implement the National Labor Relations Act, which hasn’t been enforced in 86 years.
  •  Black Agenda Radio for Week of May 10, 2021
    Black Agenda Radio with Margaret Kimberley and Glen Ford
    Black Agenda Radio for Week of May 10, 2021
    11 May 2021
    Who Cleans the Country?
  •  Massive Resistance to Austerity Regime in Colombia
    Black Agenda Radio with Margaret Kimberley and Glen Ford
    Massive Resistance to Austerity Regime in Colombia
    11 May 2021
    Broad sectors of Colombian society continue a national strike against the US-backed regime’s attempt to impose harsh austerity measures.
  •  Latinos and the Shrinking White Majority
    Black Agenda Radio with Margaret Kimberley and Glen Ford
    Latinos and the Shrinking White Majority
    11 May 2021
    The Census Bureau predicts that Anglo whites will become a minority in the US by 2145 -- but, what if significant numbers of Latinos embrace whiteness, and Anglo whites welcome them into the fold?
  • Load More
Subscribe
connect with us
about us
contact us