Economics

There’s a few elements now that are being described as illegal that we’re finding out. First of all, the equity deals that were negotiated with … Privatising US TreasuryRead more

what upsets the Europeans and the foreigners is that the US plan has done nothing at all about the debt crisis itself. It’s bailed out … Stocks Plummet Across the GlobeRead more

Markets around the globe continue to plummet despite indications from Federal Reserve Chair Ben Bernanke that he would lower interest rates. Bernanke described the financial … Wall St crisis and world marketRead more

AIG Execs Held Luxury Vacation Days After $85B Taxpayer Bailout On Capitol Hill, the House Oversight Committee continued hearings into the financial crisis with testimony … How AIG spent bailout moneyRead more

Naomi Klein speaking at the University of Chicago: The credit crunch is spreading to financial markets around the world. Nearly 160,000 jobs were lost here … Wall St. Crisis and the Fall of Berlin WallRead more

On Capitol Hill, the House is preparing to vote again on the revised $700 billion Wall Street bailout plan after rejecting a similar bill on … Robert Johnson on bailoutRead more

“My fundamental complaint is that they have been sleight of hand to the point of broad deception to the American people, if you listen to … US bailout planRead more

25 Sep 08 In Washington, protesters are gathering outside the Treasury Department at 4:00 p.m against Wall Street bailout. Here in New York, a protest … Biggest robbery in world historyRead more