Participants are less likely to at least reliably fill in a survey if it is onerously long. The title has been created on the pc, but its release was handled by. Look up plutonomy in wiktionary, the free dictionary. The first is that you limit yourself by believing you are where you are because theres no other place for you to be. Effective simultaneously with the release granted in section ill.
State and local policy new jersey community capital njcc. But now citibank is trying to suppress revisiting plutonomy. Based on the consumer finance survey, the top 10% of the families accounted for 43% of income, while the bottom 40% of families accounted for only 10% of income survey 1995 1998 2001 2004 percentile of income mean income in thousands of 2004 dollars top 10% 215. Check out plutonomy by christian hornbostel on amazon music.
A year later, in the eye of the global economic storm, plutonomy seemed under threat as asset values plummeted. Michael moores leaked citibank plutonomy memo unsettling. A above, the settling defendant, on behalf of itself individually, and its. Both reports were leaked and made available on the web. Finding pureplays on the plutonomy theme, however, is tricky. An introduction the mass media market is a growing business sector that has a profound impact on all aspects of our lives. C april 22, 2009 citi expands legal recruiting program, citiselect. This citigroup memo 6674229citigroupmar52006plutonomyreportpart211 is worth reading and perhaps would be good as a class reading assignment. Apr 18, 2010 this citigroup memo 6674229citigroupmar52006 plutonomy report part211 is worth reading and perhaps would be good as a class reading assignment. Download all posts by politicalgates about the faked pregnancy as pdf document. The other citigroup plutonomy memo mentioned in michael moores movie is.
None are more hopelessly enslaved than those who falsely believe they are free. This work is a systematic pilot study conducted in lagos between 20011 and 20 to establish reliable data on the character, size and contribution of the creativecultural industries music, film. Michael moore highlights a confidential report that citigroup initially circulated only to its wealthiest customers. The creation of the free market mythology steal this. There are rich consumers, few innumber, but disproportionate in the gigantic slice of income and consumption they take. The million pound bank note wikisource, the free library. Download all posts by politicalgates about the faked pregnancy as pdfdocument. Continue reading citibank and venezuela perils of centralized. Nov, 2011 if plutonomy continues, which we think it will, if income inequality is allowed to persist and widen, the plutonomy basket should continue to do very well. Odhiambo organisation for social science research in eastern and southern africa ossrea.
But there is as tom hickey says a button to download the pdf file, right at the top line of the document. Annual report full web version annual report pdf proxy statement. Perhaps one reason that societies allow plutonomy, is because enough of the electorate believe they have a chance of becoming a plutoparticipant. Nonus research analysts who have prepared this report, and who may be associated. Jun 24, 2011 plutonomy stocks at a premium, but relative pricing power is key. Citigroup plutonomy october 2005 pdf citigroup plutonomy october 2005 pdf download.
Log in to your app using the same online credentials as your online banking. Back in 2005, ajay kapurthen cfa of citigroupproduced this industry note describing investor and consumer behavior in economies where a very small portion of the population controls a very large portion of national wealth. We think this income and wealth inequality plutonomy helps explain many of. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Citigroup memo predicted ows movement over half a decade ago. In a report called the plutonomy symposium rising tides lifting yachts, ajay kapur, citigroups global strategist, says the balance sheets of. Abb library is a web tool for searching for documents related to abb products and services. Equity multiples appear too low, the profit share of gdp is high and likely going higher, stocks look likely to beat housing, and we are bullish on. Ows a third threat comes from the potential social backlash. Cityconomy download cityconomy pc download only full. You can find links to download both plutonomy reports here. Citigroups second plutonomy report, titled revisiting plutonomy. The rich getting richer deals mainly with the consequences for investments which follow the analysis in the first memo.
How you perceive the world and your place in it can severely impact your level of success. To receive the report of the directors, the balance sheet as at 31st december 2015, together with the profit and loss account for the year ended on that date and the report of the auditors thereon. Seeing as how megaupload is offline, here are the reports via two other links. There are rich consumers, and there are the rest look up plutonomy in wiktionary, the free dictionary.
Page 2 weekly market update 14 april 2015 drivers and risks by market 1900 united states driver. The first is that you limit yourself by believing you are where. Dec 01, 2011 in my surprisingly arduous attempt to find 2007 revenue figures for citigroup yesterday, i ran across something called the plutonomy report. The city bank limited revised interest rate on lending %. Names in this basket that our analysts recommend as buys include julius baer, bulgari, burberry, richemont, kuoni, and toll brothers. The above extracted from the report full year results first. The citigroup plutonomy memos saturday, october 16, 2010 at 04. Two bombshell documents that citigroups lawyers try to suppress, describing in detail the rule of the first 1% politicalgates truth11 on december 29, 2011 that there also exists an additional third, shorter citigroup memo, dated september 29, 2006, which is being mentioned here. Citis view is that us stock market gains may mostly match earnings growth. An analysis of investment opportunity the dbl media industry. Citigroup plutonomy memos pdf united pdf comunication. The latin american nation of venezuela is staring at a far worse economic crisis in the coming days as usbased banking major citibank intends to close a number of accounts belonging to the central bank of venezuela and other government arms.
The plutonomy symposium rising tides lifting yachts. The million pound bank note is a story about how henry adams lands up in london, penniless and famished. Calculating the proceeds of bribery is the first step in. Plutonomy stocks at a premium, but relative pricing power is key. Click on document babylons banksters joseph p farrell. A above, the settling defendant, on behalf of itself individually, and its respective heirs, executors, trustees. A critical concern for cdfis 3 not have access to quality jobs or appropriate financial services, cdfis are called upon to fill these gaps. Citigroups shocking plutonomy reports democratic underground. The key challenge for corporates in this space is to maintain the mystique of prestige while trying to grow revenue and hit the massaffluent market. Internal citibank memo about the trending of the rich to get richer, the gap between rich and poor to increase and how they plan to replace our system of democracy with a plutocracy a term they coined and how they should capitalize on it. In three reports for superrich citigroup clients published in 2005 and 2006, a team of citigroup analysts elaborated on.
To use rawlsian analysis, the invisible hand stops working. A plutonomy is an economy powered by the wealthy and characterised by growing disparities between the top 1 % of society and the rest. To authorise the directors to fix the remuneration of the auditors. Hear the news from the top agency update february 18, 2014 market insights on community development woody brewer fannie mae vice president for customer engagement multifamily mortgage business kim griffith freddie mac vice president of multifamily affordable sales and investments mark dean citi community capital. Plutonomy is the science of production and distribution of wealth. Cityconomy download is developed by krakow studio nano games simulator in which players take on the owner of a service company specializing in maintaining order in the fictional world of the game. But the fact that plutonomy as a realworld political phenomenon is conceptually driven, rather than merely an historical accident, emerged to public view in 2005 when the first of three citigroup documents prepared for its wealthiest clients were leaked. Oct 16, 2010 the citigroup plutonomy memos saturday, october 16, 2010 at 04. Leaked citibank memo plutonomy pdf plutonomy is a term that citigroup analysts have used for economies where economic growth is powered by and largely consumed by the wealthy few.
In my surprisingly arduous attempt to find 2007 revenue figures for citigroup yesterday, i ran across something called the plutonomy report. Plutonomy is a term that citigroup analysts have used for economies where economic growth in three reports for superrich citigroup clients published in and, a team of citigroup analysts elaborated on their thesis that the share. If plutonomy continues, which we think it will, if income inequality is allowed to persist and widen, the plutonomy basket should continue to do very well. Citigroup plutonomy october 2005 pdf the first memo is dated october 16, 2005 35 pages and is titled. Plutonomy the citigroup plan for the megarich at cost to. We are grateful for all of the city officials that took the time to speak to. Buying luxury, explaining global imbalances download pdf first citigroup plutonomy report. Citigroups shocking plutonomy reports ht michael moore. Mainstream media companies operate within both an intensely competitive. Identification and quantification of the proceeds of bribery. Nov 15, 20 a plutonomy is an economy powered by the wealthy and characterised by growing disparities between the top 1 % of society and the rest. There are basically two kinds of preconceived notions.
Ironically the response to the financial crisis did. Wsj membership benefits download wsj apps customer center legal policies subscribe sign in. Cityconomy service for your city free download pc games. The global city report is the starting point for the comparison of cities, using a limited number of indicators that are representative of prosperity and sustainable urban development. Cityconomy service for your city free download here are quick steps how to installing cityconomy service for your city pc game, make sure you follow the steps that we have given below correctly. Those reports, since leaked, plainly discuss the power of the plutonomy in america, and how it would only strengthen, as long as the the rest us the nonplutonics could be kept in the dark about the plutonomy existence, its role, and its overarching control in the american.
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