Full-Blown Civil War Erupts On Wall Street: As Reality Finally Hits The Financial Elite, They Start Turning On Each Other

Finally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and as the US economy grinds to a halt, the financial elite are starting to turn on each other. The lawsuits are piling up fast. Here’s an extensive roundup:

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U.S. Is Set to Sue a Dozen Big Banks Over Mortgages

UPDATE September 06, 2011

Asian Stocks Fall as Euro Slides, Treasury Yield Drops to Record

Financial shares led losses in Asia, following a slump in bank stocks in Europe yesterday as the cost of bank default insurance surged to records. Read more >

European Stocks Fall Sharply as Debt Fears Hit Banks

European shares fell sharply on Monday amid renewed fears over the euro zone debt crisis and a warning from Deutsche Bank’s CEO on the outlook for banks. Read more >

UPDATESeptember 07, 2011

European debt fears drag Wall Street lower

Reuters  By Chuck Mikolajczak | Reuters

Big U.S. banks, in talks with state officials on settling claims of improper mortgage practices, have been offered a deal that could limit legal liability in return for a multibillion-dollar payment, the Financial Times reported. Read more >


Bank Of America’s Legal Woes Go Global After Norway’s Sovereign Wealth Fund Sues For Mortgage Fraud >

Wikileaks Discloses The Reason(s) Behind China’s Shadow Gold Buying Spree >

Your Guide To The MASSIVE Bank Lawsuits >

Bank shares lead falls on US and European stock markets >