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By Susan Faludi
$17.16
By Deanne Stillman
$9.66
$24
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Arcadio Esquivel, Cagle Cartoons, La Prensa, Panama —
Posted on Jun 14, 2011
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Bob Englehart, Cagle Cartoons, The Hartford Courant —
Posted on Jun 7, 2011
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Nate Beeler, Cagle Cartoons, The Washington Examiner —
Posted on Jun 7, 2011
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Eric Allie, Caglecartoons.com —
Posted on Jun 6, 2011
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Olle Johansson, Cagle Cartoons, Sweden —
Posted on Jun 5, 2011
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Arcadio Esquivel, Cagle Cartoons, La Prensa, Panama —
Posted on May 30, 2011
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Flickr / Thomas Hawk
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In a revelation that should surprise no one, lending records of the Federal Reserve Bank of New York released by a March court order show that the Fed made cut-rate emergency loans of up to $30 billion each to major banks in 2008 without informing Congress, shareholders or the American public. (more)
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Daryl Cagle, Cagle Cartoons, MSNBC.com —
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Monte Wolverton, Cagle Cartoons —
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Flickr / ell brown
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The U.S. government is looking to recoup as much as $1 billion in anticipated losses it says were caused by Deutsche Bank’s reckless lending practices.
Posted on May 3, 2011
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Eric Allie, Caglecartoons.com —
Posted on Apr 30, 2011
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Frederick Deligne, Cagle Cartoons, Nice-Matin, France —
Posted on Apr 29, 2011
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Flickr / yomanimus
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This just in: U.S. households are getting poorer. As the crisis continues to wreak havoc on our economy, new data from the Federal Reserve tells us that U.S. net household worth has dropped $1.5 trillion in the second quarter of 2010 and is down more than $10 trillion since the recession began.
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Flickr / Hector Lopez-Berges
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With all the focus on job losses here at home, we sometimes forget how the economic crisis—which originated in the U.S.—has affected other countries. Official figures in Spain, for example, show that that country’s unemployment rate has hit 20 percent, highest in the eurozone.
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Wikimedia Commons
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One wonders if there is a smutty equivalent to Nero’s fiddling while Rome burns. If there is, it might be applicable to the senior staffers at the SEC who spent hours watching pornography on government computers instead of policing the nation’s financial system.
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AP / Petros Giannakouris
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The origins of Greece’s economic crisis lie with the recklessness of the rich, but the consequences are directly affecting the poor: A new poll shows that three-quarters of the Greek population believe that the current plans to cut the country’s budget deficit are “socially unfair.”
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Flickr / chatirygirl
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The global economic crisis and climate change can obviously wreck economies and ruin the planet, but both could also help spread HIV/AIDS, experts say, as inequality increases vulnerability and, left unchecked, could lead to a “universal nightmare.”
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telegraph.co.uk
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It looks like the $150 billion bailout of AIG included everything but advertising funds. After four years of the insurance giant’s logo gracing the jerseys of one of the world’s most famous soccer teams, troubled economic times are bumping the iconic symbol in favor of a new sponsor.
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Flickr / Franco Folini
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Californians gave the electoral finger to Gov. Arnold Schwarzenegger on Tuesday when they voted against five ballot measures intended to fix the Golden State’s budget drama by increasing taxes, redistributing state funds and borrowing money. On top of already double-digit unemployment, a plummeting housing market and an eroding educational system, the state now faces a budget gap of more than $21 billion.
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bloomberg.com
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The acting chief financial officer for housing lender Freddie Mac, David Kellermann, was found dead Wednesday morning in what appeared to be a suicide. If the death is ruled a suicide, Kellermann will be the seventh high-profile financial services executive to have taken his own life under stress from the current economic crisis.
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The New York Times / Susan Etheridge
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Senate Majority Leader Harry Reid announced Wednesday afternoon that congressional leaders have finally agreed on a $789 billion economic stimulus package, pushing the plan to a final House and Senate vote by Friday at the earliest.
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John McCain does. This hilarious YouTube clip, from a documentary filmmaker, gets at the heart of the disparity between the realities of working folk and the politicians who claim they are “friends” with the American people.(Alert: salty language.)
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AP photo / Lauren Victoria Burke
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If you thought the Iraq war was expensive, the Bush administration is also throwing an estimated $1-trillion bailout of major finance firms to prevent a meltdown of the U.S. economy. President Bush and Treasury Secretary Henry Paulson outlined such a “bold approach” Friday morning, yet detailed plans still remain forthcoming.
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Bank of America Lied to Homeowners and Rewarded Foreclosures, Ex-Employees Say
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