Reply #12: Four Major bailed out US banks finance cluster bombs with taxpayers money [View All]

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b]Four Major bailed out US banks finance cluster bombs with taxpayers money


http://www.democraticunderground.com/discuss/duboard.ph...

***A Big Thank you to DU member Ichingcarpenter for bringing this to my attention!


The top five loan providers were Bank of America , Citigroup , JP Morgan , Barclays and Goldman Sachs !!

Top banks fund cluster bombs as ban nears -
LONDON, Oct 29 (Reuters) - Leading banks have funded cluster bomb-makers to the tune of $5 billion in the past two years despite an international accord to ban the weapons, a study said on Thursday.

The top five loan providers were Bank of America , Citigroup , JP Morgan , Barclays and Goldman Sachs , the study said on Thursday.
The researchers used publicly available information, such as that supplied by stock exchanges and financial databases, to produce their study.

Bank of America and JP Morgan declined to comment while Citigroup and Goldman Sachs also had no immediate comment.

Nations agreed to outlaw cluster bombs in May 2008. The resulting convention will come into force when 30 countries have ratified it -- 23 have already done so. Neither the United States nor Britain, where the top five loan providers are based, have yet ratified the treaty.
The Convention on Cluster Munitions includes a ban on assisting anyone to make the bombs.

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now why does this not surprise me?? and what group here has many in this current administration??

oh yeah Goldman Sach's..

but the banks can't laon money for Americans to re-mortgage, or small businesses to get loans to keep their business going therefore 6 million sit in this country out of work..and there is no money for real health care reform..

but there is lots of money for more fucking bombs!

how many nukes do we have? How many cluster bombs do we have and need more????????/

I guess it is just aok to kill..but fuck those who want to live with good health care!