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Europe Daily Bulletin No. 10501

24 November 2011
A LOOK BEHIND THE NEWS / A look behind the news, by ferdinando riccardi
Truths and myths about banks' behaviour, comments on EU initiatives and the effectiveness of its action

Secret bosses of the world? The tendency to see banks and bankers as the source of all evils (or almost all) is not a recent phenomenon. More cultivated observers than I have pointed out that, staying in our times, Bertolt Brecht wrote that “founding a bank” is a more serious crime than “breaking into a bank”; Ezra Pound cursed, in verse, naturally, what he called the Usurucracy, in other words the reign of usurers (whom Dante had already placed in hell); according to a more recent...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS