Anonymous ID: a1c912 May 11, 2020, 6:47 a.m. No.9122079   🗄️.is đź”—kun   >>2102

Moar Reasons to Hate Banks

 

Lawmakers Urge Punishment For Banks That Won’t Back Drillers

 

Trump asked to hit banks that limit fossil fuel lending

 

Move comes as banks edge away from coal mines, Arctic drilling

 

Three dozen lawmakers are pushing the Trump administration to get tough on banks and asset managers that restrict financing for oil drilling and coal mining, arguing they are “discriminating against America’s energy sector” and it “must be confronted.”

 

https://www.bloomberg.com/news/articles/2020-05-08/lawmakers-urge-punishment-for-banks-that-won-t-serve-drillers

Anonymous ID: a1c912 May 11, 2020, 6:50 a.m. No.9122102   🗄️.is đź”—kun

>>9122079

 

Very Related

 

US banks prepare to seize energy assets as shale boom goes bust

 

"JPMorgan Chase & Co, Wells Fargo & Co, Bank of America Corp and Citigroup Inc are each in the process of setting up independent companies to own oil and gas assets, said three people who were not authorized to discuss the matter publicly. The banks are also looking to hire executives with relevant expertise to manage them, the sources said"

 

…Nationalization by any other name, anons.

 

https://energy.economictimes.indiatimes.com/news/oil-and-gas/us-banks-prepare-to-seize-energy-assets-as-shale-boom-goes-bust/75075301