Timothy Sumer

The Transnational Institute (tni), based in The Netherlands, have carried out research into the financial crisis and the role that large auditing firms played in their failure to properly audit the banks level of risk and the high amount they have made in fees. TNI are critical of the role the 'big four' auditing firms and a small group of financial consultancy firms made in the run up to the crisis, the fees they earned during the crisis and their continuing influence and role in what tni terms 'the bailout business'. TNI believe that there is an alternative in the use of public banks.... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing In recent years, banks have had to face a number of financial crises, and in some instances, have needed emergency government bailouts to stay afloat. These bailouts have spark...