Truthdig - Tag - Credit Default Swaps

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The Terror Con

The FBI May Have Finally Found Jimmy Hoffa

Say Hello to the 'Super Rich'

The Making of a Global Security State

This Will Not End Well

REPORTS

Bank of America Lied to Homeowners and Rewarded Foreclosures, Ex-Employees Say
By Paul Kiel, ProPublica

The Making of a Global Security State
By Tom Engelhardt, TomDispatch

Climate Change Puts Lake Life at Risk
By Tim Radford, Climate News Network

The Terror Con
By Robert Scheer

Ear to the ground

Bill Ayers: Try Obama, Bush for War Crimes

Experts Don’t Buy Claim Syria Used Chemical Weapons

Brazil Erupts in Protest Over Services and Soccer Costs (Video)

New Iranian President Wants to Heal ‘Old Wound’ With U.S.

The FBI May Have Finally Found Jimmy Hoffa

Controversial Voting Law Struck Down, Snowden ‘Honored’ by Cheney, and More

A/V Booth

GOP Congressman: Abortions Should Be Banned Because Male Fetuses Masturbate

The Campaign to Ignore Sarah Palin

Did Progress Leave Christians Behind?

Watch: Rick Perry Blunders Jab at Obama’s Benghazi Reaction

Arts & Culture

Ernest Hemingway: Dud KGB Spy?

The Joy of Singing Out of the Spotlight
By Richard Schickel

Let Nicholas Kristof Damage Your Mind

The Unwinding
By Marc Fisher

Digs

The Questions Education Reformers Aren’t Asking

Dig led by Mike Rose

Gore Vidal: His Life and Legacy

Dig led by Truthdig Staff

Van Gogh: The Life

By Steven Naifeh (Author), Gregory White Smith (Author)

Tag: Credit Default Swaps

smoothdude (CC BY 2.0)

Psychopaths Are Loose on Wall Street (Updated)

One percent of the adult human population qualifies as clinically psychopathic, exhibiting a lack of empathy and a knack for telling lies and getting away with it. That compares with 10 percent of wheeler-dealers on Wall Street, according to a recent study. American critic William Deresiewicz is not surprised. Update: The 1-in-10 figure is unsupported. See here.

Posted on May 14, 2012 READ MORE | 12 COMMENTS

Flickr / zoonabar (CC-BY-SA)

Betting Big Against the Government

On Wall Street, a small number of investors are betting $4.8 billion that the U.S. government will fail to raise the debt ceiling in the next week and, subsequently, will default on its $14 trillion debt.

Posted on Jul 26, 2011 READ MORE | 7 COMMENTS

‘Colbert Report’: Greece, Frightening

Sure, Goldman Sachs CEO Lloyd Blankfein once crowed that his firm was “doing God’s work,” but, as Stephen Colbert points out here, Blankfein never actually specified which God he was talking about. Perhaps it was Hades, Greek god of the underworld. Given the state of the Greek economy, that may not be too much of a stretch.

Posted on Mar 4, 2010 READ MORE | 4 COMMENTS

Flickr / antiparticle

Fed Looking Into Goldman Sachs’ Role in Greek Debt Crisis

It’s not the only financial institution involved, but Goldman Sachs features prominently among the companies that the Federal Reserve is investigating in relation to Greece’s recent debt calamity, Fed chief Ben Bernanke told the Senate Banking Committee on Thursday.

Posted on Feb 25, 2010 READ MORE | 3 COMMENTS

AP / Petros Giannakouris

It’s Greek to Goldman Sachs

By Robert Scheer —

“What is this Goldman Sachs and why has it caused us so much grief?” is a question they must be asking in even the most remote of Greek villages, as they are throughout much of this economically troubled world.