Staff / TruthdigAug 22, 2011
An old argument says that full or empty bellies lead to contentment or revolt. Recent research supports that claim, showing that spikes in global food prices have coincided with the surge of social unrest and political instability seen recently in North Africa and the Middle East. (more) Dig deeper ( 1 Min. Read )
Staff / TruthdigAug 15, 2011
Economist and New York University professor Nouriel Roubini explains that globalization, reckless lending and borrowing, and the redirection of income and wealth from industries dependent upon human labor and well-being to those composed mainly of capital (more). Dig deeper ( 2 Min. Read )
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Staff / TruthdigDec 13, 2010
Even after the economic crash and subsequent scrutiny of Wall Street, a circle of big banks has managed to maintain a monopoly on derivatives trading and keep a cloak of secrecy over its process. Dig deeper ( 1 Min. Read )
Staff / TruthdigJul 2, 2010
If there's one person we'd want to see grill Goldman Sachs bigwigs about certain fishy pre-financial-meltdown practices in which they apparently engaged, such as their failure to give useful details about (continued). Dig deeper ( 1 Min. Read )
Staff / TruthdigJun 26, 2010
Bank stocks had a surprisingly good day Friday, outperforming the rest of the market after it became clear that financial reform legislation hammered out in Congress would not meddle with precious bank profits. Dig deeper ( 1 Min. Read )
Staff / TruthdigJun 25, 2010
After a marathon final negotiating session, Congress has cobbled together a historic overhaul of financial regulations for Wall Street. The bill is expected to win final approval next week and land on President Obama's desk. Dig deeper ( 1 Min. Read )
E.J. Dionne Jr. / TruthdigApr 29, 2010
No leftist polemicist could come up with as damning a description of contemporary capitalism as the contents of an e-mail that Goldman's Fabrice "Fabulous Fab" Tourre sent to his girlfriend. Dig deeper ( 3 Min. Read )
Eugene Robinson / TruthdigApr 23, 2010
Perhaps Obama could have scored more popularity points if he had ordered a few financiers to be led out of the Cooper Union auditorium in handcuffs. Dig deeper ( 3 Min. Read )
Staff / TruthdigApr 16, 2010
In a letter to a ranking Senate Democrat, Treasury Secretary Timothy Geithner called for restrictions on derivatives -- those financial instruments whose value is derived from other instruments -- but stopped at an outright ban on the trading practices that helped lead to the current financial crisis. Dig deeper ( 1 Min. Read )
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