international finance

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The International Monetary Fund (IMF) Expresses Confidence in Leader Christine Lagarde

The board of the IMF expressed its confidence in Managing Director Christine Lagarde after the launch of a French inquiry into alleged abuses of power. Ms. Lagarde took over the IMF in 2011 and her office denies any wrongdoing. In 2007, Lagarde was involved in a dispute with French businessman Bernard Tapie and the bank […]

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Wall Street: The Intersection of Money and Power in the American Empire, Part 1

Watch Money, Power and Wall Street: Part One on PBS. See more from FRONTLINE. Politics, money, and power are three concepts typically associated together, particularly with regard to the American political system. Often cited by critics as one of the main democratic deficiencies of the American political system, the convenient marriage of money and power […]

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Global Banking and the Mexican Cartel Problem.

A major hindrance for governments grappling with international drug trafficking is the very banking system that is the lifeblood of the world economy. Banks around the world either knowingly or unknowingly profit from drug trafficking. This has become a particularly acute issue in the international effort to stop the powerful Mexican drug cartels from moving […]

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