Tag Archives: Financial Crisis
US Treasury Secretary Tim Geithner told the Senate Banking Committee that he plans to reform the system of financial regulation. Photo: Bloomberg.Only a Hint of Roosevelt in Financial OverhaulBy Joe Nocera / June 17, 2009 Three quarters of a century … finish reading Obama’s Financial Reform: Just Plugging a Few Leaks Rather Than Repairing the Dam
Thanks to Leslie Sklar / The Rag Blog
Zombie banker. Image from Mother Jones.Dead Banks Walking. . . Except for the bankers and the Obama administration, the prevailing reaction of many prominent economists is not one of optimism. By Roger Baker / The Rag Blog / May 8, … finish reading Roger Baker : The Zombie Bank Syndrome
Were the watchdogs asleep on the job? Photo of Rottie ( “Who me?”) from Dog Infopedia.When the Watchdogs Are Asleep, We All Get Robbed In the wake of the financial collapse, I wonder if the remaining (if relatively low) public … finish reading MEDIA / Where Were the Watchdogs on Iraq and the Economy?
ASPO USA. Peak Oil is the point at which the total world oil production reaches its high point and finally starts to decline… We at last have some pretty convincing data to indicate that world oil production probably peaked forever … finish reading Roger Baker : The Reality of ‘Peak Oil,’ Part 2
ASPO Ireland. Peak Oil is the point at which the total world oil production reaches its high point and finally starts to decline… We at last have some pretty convincing data to indicate that world oil production probably peaked forever … finish reading Roger Baker : The Reality of ‘Peak Oil,’ Part 1
Heidemarie Wieczorek-Zeul, German Minister for International Economic Cooperation and Development. Photo: © Simone D. McCourtie / World Bank. Changing the System(s) (Part 1)By David MacBryde / The Rag Blog / April 1, 2009 Some quick steps in February and March … finish reading Intrepid Berlin Correspondent MacBryde Reports on the Berlin Dialogue on the Financial Crisis
This graphic shows Bank of America’s loans to directors, executives and other insiders since 2001. Graphic by David Puckett, Research by Stella Hopkins.Secrecy shrouds insider loansBy Stella M.Hopkins / March 23, 2009 Experts see potential conflicts of interest in banks’ … finish reading US Financial Institutions: Corrupt to the Core?
Two Birds – One StoneBy Sid Eschenbach / The Rag Blog / March 22, 2009 Arguably the two biggest, most urgent and most complicated problems facing the Obama administration are those related to the general meltdown of the financial structure, … finish reading Resolving the Housing and Immigration Crises – Simultaneously
President elect Barack Obama introduces his new economic team: (From l.) Treasury Secretary Timothy Geithner, Council of Economic Advisers chair Christina Romer, and NEC director Larry Summers. Photo: Martinez Monsivais/AP.Obama’s Moment is Passing QuicklyBy Dave Lindorff / March 20, 2009 … finish reading Obama: Seize the Moment and Shitcan Your Corrupt and Inept Economic & Military Teams
Hong Kong AIG building. Photo: Chow Meisy.The Gift That Keeps on GivingMarch 16, 2009 After four bailouts totaling some $170 billion, the American International Group has finally answered some of the questions about where the money went. Unfortunately, the answers … finish reading Why Did A.I.G. Pay Goldman Sachs $12.9 Billion?
THIS IS SATIRE on the front page of “Frankfurter Allgemeine Zeitung.” Photo by David MacBryde.Some fundamental changes in decision-making in Germany and the USA — pointed at by the Rag Blog Berlin correspondentBy David MacBryde / The Rag Blog / … finish reading Some Fundamental Changes in Decision-Making in Germany and the USA