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To Bankers, It’s Not Just A Court System, It’s A Gold Mine

Author: Chris Hamby, BuzzFeed, Published on: 31 August 2016

An 18-month BuzzFeed News investigation reveals how the financial industry is elbowing its way inside the doors of this global super court, transforming a system of justice into an engine of profit…[T]he financial industry, once largely absent from the system, is increasingly pressing ISDS claims, often against nations that are poor or in the throes of economic crises…But critics say that ISDS is vulnerable to exploitation by elite corporate lawyers and their financial-industry clients...[Refers to Citibank, Deutsche Bank, Gramercy Funds Management & Standard Chartered Bank]

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