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Tag: Banking

Austria — It Started the Collapse in Great Depression. Will It Do so Again?

In 1931, the sovereign debt crisis and banking system collapse began in Austria with the failure of Credit Anstalt (Creditanstalt), which was partly owned by the...

Proprietary Trading of Banks Coming to an End?

QUESTION: Marty, I heard that banks are actually shutting down proprietary trading. Is that true? Does that mean the manipulations are coming to an end? Cheers FP...