The Old Man’s question is will anyone at these two companies be held responsible?
Entries Tagged as 'Financial Crisis'
The Arrogant Richard S. Fuld Jr. of Lehman Brothers and The Great Divide On Financial Reform
March 13th, 2010 · No Comments · Wall Street
Tags: Ernst & Young·Financial Crisis·Lehman Brothers·Richard S. Fuld
Quoting Worthy Quotes From Another Worthy Book
March 13th, 2010 · No Comments · Wall Street
March 13, 2010
Steven Pearlstein published his reviews today of the latest book on the financial crisis. Sounds like the most qualified of all books written on the crisis. I will read it. Meantime, I will leave you with only some comments from Pearlstein.
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Tags: Financial Crisis·Steven Pearlstein·The Big Short·Wall Street
Wall Street – Daja Vu All Over Again
January 14th, 2010 · No Comments · Wall Street
Recovery is going to be substantially set back by the same people with the same greed that brought us to this point.
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
