Tag Archives: Foreclosure
Why are we still listening to Bernanke?
The Second Wave
The 60-Second Guide To Everything You Need To Know About Oil, Gold, Bonds, China, And Stocks In 2010
While some forecasters aim to continue their winning streaks, others hope to salvage their reputations in 2010. Yet from Goldman’s giant interest rate call to Marc Faber’s ultimate contrarian bet, competitive market forecasting is really just a giant game of chicken. Key prognosticators are paid to take their stand, then defend it incessantly without blinking.… Read More »
Bailout Nation Wins First Amendment Award for Outstanding Journalism
Many authors, journalists, and publicists have asserted causes for the financial crisis and stock market crash of 2008. However, none have done as comprehensive a job as Barry Ritholtz in his Mount Everest view of how it all went down: Bailout Nation. Bailout Nation avoids all the disingenuous blame-shifting onto specific political parties or individuals.… Read More »
The Banks are all Lying
Congress might want to pay attention to Elizabeth Warren, chair of the COP. I know they don’t care about people like me, but Ms. Warren’s saying the same thing I am: the banks are all lying. Visit msnbc.com for Breaking News, World News, and News about the Economy
Dylan Ratigan just before he was fired by CNBC
Wow. Listen to Dylan Ratigan in this 16 minute interview. The interview was conducted just before he was fired from CNBC. Perhaps statements like "this is the largest scam and cover-up in U.S. history" got him in trouble with GE / CNBC, or whatever powers that be. Download MP3
Banksters are Oligarchs
Here is an amazingly frank piece of work from a mainstream network, ABC. Titled America’s Banks 101, similarities are drawn between schoolyard bullies and three-card monte in explaining the banking crisis upon us today. http://abcnews.go.com/video/playerIndex?id=7490761
Bill Black explains the Massive Fraud
The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Moyers sits down with Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his… Read More »
IMF – aspects of the current crisis are new and unanticipated
The global economy is experiencing the deepest downturn in the post-World War II period, as the financial crisis rapidly spreads around the world. A large number of advanced economies have fallen into recession, and economies in the rest of the world have slowed abruptly. Global trade and financial flows are shrinking, while output and employment… Read More »