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Tag: localgov

Newham Council buries head in sand over mounting LOBO loan losses

By Max Keiser and Stacy Herbert Posted on April 4, 2016 Posted in Aggregated No Comments Tagged with guest blog, Headlines, localgov

A heated meeting of the Audit Board at the London Borough of Newham last week provided further evidence that the strategy of Council leaders for dealing with bank loans that have already cost the deprived borough £10m, is to do…

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Syriza, Greece and Government debt cancellation. Could it happen here in the UK?

By Max Keiser and Stacy Herbert Posted on February 8, 2015 Posted in Aggregated No Comments Tagged with austerity, city of London, derivatives, goldman sachs, greece, guest blog, localgov

As the newly elected Syriza Government make overtures to the so-called Troika of the ECB, EC and IMF on debt restructuring, one thing is increasingly clear. Elites in the UK and across Europe appear deeply uncomfortable the neoliberal logic of…

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