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 . '/' . substr('9780520223165',-6,3) . '/' . '9780520223165' . '.jpg'; ?>)
By Orville Schell (Foreword), Wayne Miller
By Gordon M. Goldstein
$16.50
$23
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Jon Wade (CC-BY)
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Despite hefty bailouts and infinitesimal interest rates, Citi, Ally Financial, MetLife and SunTrust were not able to pass the latest round of stress tests designed and measured by the Federal Reserve.
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AP / NBC News / William B. Plowman
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Jack Lew is a liberal who worked for Speaker Tip O’Neill and studied under beloved progressive Sen. Paul Wellstone, but he was also the chief operating officer of a Citigroup unit and doesn’t fault deregulation for the shoddy economy. (more)
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AP / J. Scott Applewhite
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By Robert Scheer — Can we all agree that a $1 billion swindle represents a lot of money? So why isn’t former Citigroup Chairman Robert Rubin breaking a sweat?
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AP / Richard Drew
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By Chris Hedges — When the bailout trillions run out, Wall Street’s maladjusted gamblers will come back for more until our currency becomes junk. Not that any of these people, who exhibit the same traits as psychopaths, have thought this through.
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The total price tag for each American for the financial bailout is about $10,000. Could be worse: Brits are paying more than $47,000 apiece. The unemployed bear the brunt of the meltdown, but we all carry a debt for saving Citi, AIG and the rest.
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RJ Matson, The New York Observer —
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Wikimedia Commons / mlb.com
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By Stanley Kutler — The U.S. taxpayer is on the hook for more than $300 billion of Citigroup’s junk investments, so where did the ailing bank find $400 million to put its name on the New York Mets’ new stadium?
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How America Became a Third World Country: 2013-2023
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