by David A. Stockman The New York Times GREENWICH, Conn. The Dow Jones and Standard & Poor’s 500 indexes reached record highs on Thursday, having completely erased the losses since the stock market’s last peak, in 2007. But instead of cheering, we should be very afraid.
by Helen Tansey The T-Room Blog March 21, 2013 ”A total of 1.5 million US soldiers served in Iraq. An estimated one-third of them suffer from posttraumatic stress disorder. Over ’30,000 of them were injured. And 4,422 died.” Spiegel Online
You want to get a taste of what people across the world are saying about the Cyprus bailout plan? Look no further. The handful of comments posted below are just a small sampling of what people are thinking when learning a government plans to raid saver’s money to bailout their banks. It’s an appalling idea no matter how any of [...]
Sen. Warren (MA) during yesterday’s Banking Committee hearing, once again held little back when grilling those financial and legal bureaucrats with titles starting with “Honorable.”
Illustration by Victor Juhasz By Matt Taibbi February 14, 2013 8:00 AM ET The deal was announced quietly, just before the holidays, almost like the government was hoping people were too busy hanging stockings by the fireplace to notice. Flooring politicians, lawyers and investigators all over the world,
By Christopher Barker, The Motley Fool Banking scandals have grown so common that perhaps folks have simply run out of outrage. Or maybe the numbers are just too huge to wrap our mortal heads around. Whatever it is that’s behind the relatively light news coverage and lack of public debate on this incredible LIBOR rate-rigging scandal thus far, the story [...]
How America’s biggest banks took part in a nationwide bid-rigging conspiracy – until they were caught on tape June 21, 2012 By Matt Taibbi Illustration by Victor Juhasz Someday, it will go down in history as the first trial of the modern American mafia. Of course, you won’t hear the recent financial corruption case, United States of America v. Carollo, [...]
“The time has come,” the Walrus said, “To talk of many things: Of shoes – and ships – and sealing-wax – Of cabbages – and kings – And why the sea is boiling hot – And whether pigs have wings.” The Walrus and The Carpenter – Lewis Carroll (from Through the Looking-Glass and What Alice Found There, 1872)
