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Weekly Audit: We Need a 'People's Bailout'
(open.salon.com)
The economic free-fall is finally slowing down, although nobody expects the recovery to be very pleasant. Job losses and foreclosures are expected to increase well into next year. But even if our... More
Submitted 5 months ago by cdoherty | 0 Comments |
Why loan modification scams are booming
(www.salon.com)
Sept. 24, 2009 | During the go-go years of the real estate bubble, shady mortgage brokers thrived, thanks to the sluggish response of regulators and law enforcement agencies. Amid the ruins of the... More
Submitted 5 months ago by raquelbrown | 0 Comments |
John Maynard Keynes: Don't call it a comeback
(www.salon.com)
Sept. 24, 2009 | The sudden present-day prominence of John Maynard Keynes, an economist who passed away 60 years ago and whose theories have been mercilessly ridiculed by conservatives for at least... More
Submitted 5 months ago by raquelbrown | 0 Comments |
Weekly Audit: Obama's Economic Hits and Misses
(open.salon.com)
Eight months after President Obama was sworn into office, the foreclosure epidemic is even more dire and no laws have been passed to rein in Wall Street. While Obama has helped cushion the nation’s... More
Submitted 5 months ago by cdoherty | 0 Comments |
It wasn't Wall Street's fault
(www.salon.com)
Sept. 22, 2009 | In this interview, Goldman Sachs CEO Lloyd Blankfein discusses his astronomical bonuses, the mistakes and failures of his bank prior to the start of the global financial crisis and... More
Submitted 5 months ago by raquelbrown | 0 Comments |
Why Wall Street booms while Main Street suffers
(www.salon.com)
Sept. 22, 2009 | So how can the Dow be flirting with 10,000 when consumers, who make up 70 percent of the economy, have had to cut way back on buying because they have no money? Jobs continue to... More
Submitted 5 months ago by raquelbrown | 0 Comments |
Fed to Wall Street: Take a pay cut - How the World Works - Salon.com
(www.salon.com)
As of around 9 a.m. EDT, only the Wall Street Journal has the story, but it appears to be a doozy: "Bankers Face Sweeping Curbs on Pay." Damian Palleta and John Hilsenrath report: Under the... More
Submitted 5 months ago by erinconsortium | 0 Comments |
Wall Street buys Washington
(www.salon.com)
Sept. 19, 2009 | If you ever needed proof that Washington is governed by the Golden Rule -- the one that says, he who has the gold, rules -- you only have to look at the wagon loads of cash being... More
Submitted 5 months ago by raquelbrown | 0 Comments |
"We need new banks"
(www.salon.com)
Sept. 15, 2009 | In this interview, Harvard historian Niall Ferguson discusses the turbulent history of money, the inevitability of financial crises and the fatal influence mathematicians have on the... More
Submitted 6 months ago by raquelbrown | 0 Comments |
Weekly Audit: One Year After the Crash
(open.salon.com)
On Thursday, the U.S. Census released new data on the economic straits many American households faced in 2008. The grim report illustrates a nation enduring its highest poverty level in decades,... More
Submitted 6 months ago by cdoherty | 0 Comments |
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