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December 18, 2014
Truthdig: Drilling Beneath the Headlines
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Tag: Banking Crisis


How to Protect Public Revenues From the Next Meltdown

Concerns are growing that we are heading for another banking crisis, one that could be far worse than in 2008. But this time, there will be no government bailouts. Instead, per the Dodd-Frank Act, bankrupt banks will be confiscating (or “bailing in”) their customers’ deposits.

Posted on Oct 12, 2014 READ MORE



Three Executives Blamed for Irish Banking Crisis Go on Trial

The three- to six-month trial of three senior executives at the bank that almost bankrupted Ireland starts this week. About 350 people volunteered to serve on the jury, giving a sense of interest in the case.

Posted on Feb 3, 2014 READ MORE



AP/Manu Fernandez

‘Robbed of Their Right to Die in Peace’

A picture of betrayed trust emerges in reports of the bank theft of the last group of Spaniards who seem to have any money—hundreds of thousands of elderly pensioners.

Posted on Nov 4, 2013 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

Big Enough to Fail

Last week on Truthdig Radio in association with KPFK: an indie look at the downfall of Washington Mutual, political surrogacy on the campaign trail, filmmaker Amy Ziering on rape in the military, and youth voter outreach at the world’s largest dance party.

Posted on Jun 17, 2012 READ MORE


Big Enough to Fail

Last week on Truthdig Radio in association with KPFK: an indie look at the downfall of Washington Mutual, political surrogacy on the campaign trail, filmmaker Amy Ziering on rape in the military, and youth voter outreach at the world’s largest dance party.

Posted on Jun 17, 2012 READ MORE



Flickr / wallyg

Wall Street’s Not-So-Little Secret

In 2008, the 10 biggest U.S. banks and brokerage firms took $829 billion in emergency loans from the U.S. Treasury and the Federal Reserve. Until now, who got what had been a secret. ... (more)

Posted on Aug 28, 2011 READ MORE


ENTER_ALT_TEXT
AP photo / Kiichiro Sato

The Good News on Jobs: Less Bad

While the unemployment rate climbed to 8.9% in April, the number of job losses was down to 539,000, a sign that the recession may be slowing and recovery is on its way. Meanwhile, President Obama proposes an ambitious reform on education for the unemployed while Paul Krugman reminds us of the dangers of keeping banks unchecked.

Posted on May 8, 2009 READ MORE


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