Recovery is going to be substantially set back by the same people with the same greed that brought us to this point.
Entries Tagged as 'Financial Crisis'
Wall Street – Daja Vu All Over Again
January 14th, 2010 · No Comments · Wall Street
Tags: Banks & Bank Failures·Economy·Financial Crisis·Recessions & Depressions·Wall Street
What “Punishment” For Attorney General Holder?
January 10th, 2010 · No Comments · Wall Street
Just how big will the attack against Eric Holder be for his efforts to punish those Wall Street bankers who deliberately led us into chaos?
Tags: Banks & Bank Failures·Eric Holder·Financial Crisis·Wall Street
Economic Assertions Vs. Reality
January 6th, 2010 · No Comments · Wall Street
Udall and Beale both are telling us that corporations and powerful people define their goals, then develop (or modify), implement and promote a self-serving economic theory that will guide the market to those goals.
Very Scary Stuff, Indeed
January 5th, 2010 · No Comments · Wall Street
If we want to keep the same mindset we’ve had for three decades now, don’t expect anything to change. Just tell your children and grandchildren that it’s perfectly acceptable to pay a large part of their income in taxes so Wall Street and the fat cats can live the reckless good life. Amen!
Tags: Bank Bailouts·Banks & Bank Failures·Financial Bailout·Financial Crisis·Regulatory Reform·Wall Street
Wall Street Perfecting Slight-of-Hand
December 2nd, 2009 · No Comments · Wall Street
The jockeying by Wall Street to avoid regulation and control, their efforts to re-write financial crisis history, and continue with business as usual, has gone pretty much unnoticed.
Tags: Bank Bailouts·Banking Regulation·Banks & Bank Failures·Bernie Madoff·Financial Bailout·Financial Crisis·Lloyd Blankfein·Tim Geithner
Goldman Sachs “Defines” Core Of Financial Crisis – Video
December 1st, 2009 · No Comments · Wall Street
Our current shadow government, Government Sachs (previously known as Goldman Sachs) has gotten to the “real” cause of last year’s financial crisis. It’s “all about bad lending”; not the market or traders of the market.
Tags: Banks & Bank Failures·Big Business·Derivatives·Financial Crisis·Goldman Sachs·Government Sachs·Greed & Corruption·Wall Street
Bankers Insisting On No Over-Reaching Regulations
September 24th, 2009 · No Comments · Wall Street
So what’s the best answer for the right mixture of regulations? Pick the ones the bankers scream the loudest about, put them together in one bill and you’ve solved the problem.
Tags: Banks & Bank Failures·Financial Crisis·Regulatory Reform·Wall Street
The FDIC Is Broke; Busted; Out Of Money!
September 22nd, 2009 · No Comments · SEC
Now here’s a question to ponder — Is the FDIC’s “cash” reserves really down to only $10 billion? Or is it much, much more? Could it possibly be that a trillion or so has been set aside to cover guarantees the FDIC made to investors who invested in banks?
Tags: Ben Bernanke·Department of the Treasury·FDIC·Federal Reserve·Financial Crisis·Sheila Bair·Tim Geithner
