Please hear De-regulation guru Alan Greenspan’s words. [youtube=http://www.youtube.com/watch?v=R5lZPWNFizQ] [youtube=http://www.youtube.com/watch?v=VFdhGJEEwLI]
Financial crisis
Posted inEconomics / Financial crisis / ToMl / USA Empire
How Goldman Sachs survived
How banking giant Goldman Sachs survived the recession and came out on top of Wall Street. This year the bank is on course to surpass … How Goldman Sachs survivedRead more
Posted inEconomics / Financial crisis / Politics / ToMl / USA Empire
Wall Street and Its Backers on Capitol Hill Silenced Critics
The embattled CIT Group, a century-old commercial lender to thousands of small and medium-sized businesses, filed for Chapter 11 bankruptcy Sunday. It’s the fifth-largest bankruptcy … Wall Street and Its Backers on Capitol Hill Silenced CriticsRead more
Posted inEconomics / Financial crisis / ToMl / USA Empire
The Audacity of Greed
Many economists are claiming the nation’s worst recession since World War II may now be over. On Thursday, the government announced the US economy had … The Audacity of GreedRead more
Posted inEconomics / Financial crisis / ToMl / USA Empire
The Best Way to Rob a Bank
The Dow Jones Industrial Average topped 10,000 Wednesday for the first time in a year, as JPMorgan Chase reported massive profits in the third quarter. … The Best Way to Rob a BankRead more
Posted inEconomics / Financial crisis / ToMl
A Hidden $34 Billion Bank Subsidy
One of the key terms to come out of the nation’s economic meltdown has been “too big to fail.” The government has funneled billions of … A Hidden $34 Billion Bank SubsidyRead more
Posted inEconomics / Financial crisis / USA Empire
Obama Banking Too Much on Banks
Wall Street Monday to promote a regulatory overhaul of the US financial system. The visit came on the one-year anniversary of the collapse of the … Obama Banking Too Much on BanksRead more
Posted inBank / Economics / Financial crisis / USA Empire
Free loan
It’s been exactly one year since the onset of the financial crisis and the passage of the Bush administration’s $700 billion bailout of Wall Street. … Free loanRead more
Posted inBank / Debt / Economics / Financial crisis / USA Empire
Former Wells Fargo Subprime Loan Officer, now works in foreclosure defense
Wells Fargo was one of the top ten subprime lenders in the country and is among the top recipients of taxpayer-funded bailout money under the … Former Wells Fargo Subprime Loan Officer, now works in foreclosure defenseRead more
Posted inEconomics / Financial crisis / USA Empire
What Obama meant by CHANGE
Many of the lenders that helped fuel the housing crisis by issuing risky subprime loans are now lining up to receive more than $21 billion … What Obama meant by CHANGERead more