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May 23, 2013

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Tag: Financial Crisis


Flickr / Images_of_Money

As Another Crisis Looms, a Case for the Euro and Collective Action

In the discussion over how to solve Europe’s financial crisis, opponents of the euro argue “that it is a monetary straitjacket and that the best reform now would be its breakup.” Not so, says Will Hutton, author, columnist and former editor-in-chief of The Observer. (more)

Posted on Sep 21, 2011 READ MORE


Italy Inclined

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Posted on Sep 20, 2011 READ MORE


European Union Life Raft

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Posted on Sep 18, 2011 READ MORE


Greek Euro

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Posted on Sep 15, 2011 READ MORE


Obama’s Job Creation Package

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Posted on Sep 10, 2011 READ MORE


Mission Impossible

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Posted on Aug 28, 2011 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  |  10 COMMENTS


The Stock Market Show

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Posted on Aug 23, 2011 READ MORE  |  1 COMMENT


Cracked Window

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Posted on Aug 22, 2011 READ MORE


Let Us Die Together

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Posted on Aug 22, 2011 READ MORE


Credit Crunch

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Posted on Aug 15, 2011 READ MORE


World Crisis

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Posted on Aug 14, 2011 READ MORE


Wall Street Bull

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Posted on Aug 7, 2011 READ MORE


Wall Street Distress Flag

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Posted on Aug 6, 2011 READ MORE


American Economy

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Posted on Aug 3, 2011 READ MORE



Ignoring Iceland’s Revolution

Iceland’s revolution goes unperceived by U.S. media; Greece worries about the China-ization of its country; and Egypt questions the need for a violent uprising. These discoveries and more after the jump.

Posted on Aug 3, 2011 READ MORE  |  2 COMMENTS


Barf

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Posted on Jul 29, 2011 READ MORE


Debt Ceiling

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Posted on Jul 27, 2011 READ MORE


Hopelessness

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Posted on Jul 25, 2011 READ MORE


Greece Bailout

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Posted on Jul 24, 2011 READ MORE



AP / Pablo Martinez Monsivais

Sorry Elizabeth, Wall Street Said No

Obama’s gutless decision to abandon Elizabeth Warren comes after the president populated his administration with the very people who created the financial meltdown.

Posted on Jul 19, 2011 READ MORE  |  233 COMMENTS


The Great Communicator Redux

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Posted on Jul 19, 2011 READ MORE  |  2 COMMENTS


Kebab Obama

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Posted on Jul 19, 2011 READ MORE


Default Answer

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Posted on Jul 15, 2011 READ MORE


Papandreou Among the Ruins

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Posted on Jul 10, 2011 READ MORE



Flickr / borman818 (CC-BY)

Big Money Polices Itself

The Department of Justice has shied away in recent years from chasing down white-collar crime, relying instead on “deferred prosecution agreements,” which essentially have allowed companies, financial institutions especially, to investigate and report their own wrongdoing.

Posted on Jul 8, 2011 READ MORE  |  8 COMMENTS


Spain and Pain

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Posted on Jul 5, 2011 READ MORE


Full of Debt

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Posted on Jul 1, 2011 READ MORE


Greek Lessons

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Posted on Jul 1, 2011 READ MORE


For Want of a Compromise

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Posted on Jun 27, 2011 READ MORE


Greek Austerity Protests

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Posted on Jun 19, 2011 READ MORE


Wrong Track

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Posted on Jun 12, 2011 READ MORE


Obama Second Term

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Posted on Jun 12, 2011 READ MORE



Flickr / Beverly & Pack

Budget Watchdog Blames Debt Crisis on Bush Policy

The nonpartisan Center on Budget and Policy Priorities has updated research that projects nearly half of public debt in 2019 will be attributable to President George W. Bush’s tax cuts plus the ongoing wars in Iraq and Afghanistan.

Posted on May 25, 2011 READ MORE  |  24 COMMENTS



Wikipedia

Hedge Fund Founder Found Guilty: Who’s Next?

The founder of the Galleon Group hedge fund, Raj Rajaratnam, faces 25 years in prison after a jury convicted him on 14 charges related to a six-year insider-trading binge that netted him more than $60 million. (more)

Posted on May 11, 2011 READ MORE  |  1 COMMENT



AP / Susan Walsh

Wall Street CEOs Off the Hook

Most of those Wall Street executives whose firms took ridiculous risks and brought the global financial system to its knees are far from a jail cell, or even from being prosecuted by the Justice Department.

Posted on Feb 27, 2011 READ MORE  |  26 COMMENTS


Cowen Catching the “Celtic Tiger”

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Posted on Nov 19, 2010 READ MORE


Euro symbol
AP / Daniel Roland

When the Euro Almost Died

In a fascinating tale of international financial intrigue, the Wall Street Journal reveals how a secret task force of European leaders—dubbed “the group that doesn’t exist”—was formed in 2008 to prevent the collapse of the eurozone, which could have triggered another global economic tsunami.

Posted on Sep 25, 2010 READ MORE  |  1 COMMENT



AP / Saul Loeb

Troubled Times Slash G-8 Aid Pledge

With the scent of the global financial crisis swimming in their nostrils, G-8 leaders pledged a mere $5 billion in aid to reduce deaths among African mothers and infants, a decrease of 90 percent in the funding promised five years ago at the group’s meeting in Gleneagles, Scotland.

Posted on Jun 26, 2010 READ MORE  |  9 COMMENTS


bookcover

Fred Branfman on ‘The Big Short’

Author Michael Lewis in his best-selling book takes us inside capitalism’s “doomsday machine,” and it’s your worst nightmare come true.

Posted on May 6, 2010 READ MORE  |  28 COMMENTS


Bank
spiegel.de

Otto Von Bailout

If you thought the United States’ $700-billion bailout would quell the global financial crisis, think again. The German parliament just approved a $675-billion bailout of Germany’s financial markets, a plan that is part of a coordinated European response to volatile global and regional markets.

Posted on Oct 17, 2008 READ MORE  |  5 COMMENTS


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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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