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Tag Archives: Wall Street
By: Zeal_LLC The levitating stock markets continue to seductively entrance traders, powering to new nominal record highs day after day after day. No one believes a meaningful selloff is even possible anymore, thanks to the vast deluge of central-bank monetary … Continue reading
“Eyes blinded by the fog of things cannot see truth. Ears deafened by the din of things cannot hear truth. Brains bewildered by the whirl of thingscannot think truth. Hearts deadened by the weight of things cannot feel truth. Throats … Continue reading
Someday, it will go down in history as the first trial of the modern American mafia. Of course, you won’t hear the recent financial corruption case, United States of America v. Carollo, Goldberg and Grimm, called anything like that. If … Continue reading
by ANDREW COCKBURN Among the more laughable features of commentaries on Jamie Dimon’s recently revealed $2 billion (at least) gambling losses are earnest pronouncements that the debacle will stymie the efforts by Dimon and Wall Street in general to further deregulate … Continue reading
by Golem XIV A horrid thought has been incubating for the last few days. I don’t know how many of you know much about Vulture Funds, what they do and how they do it, but it forms the basis of … Continue reading
By: James_Quinn Americans have an illogical love affair with their vehicles. There are 209 million licensed drivers in the U.S. and 260 million vehicles. The U.S. has a higher number of motor vehicles per capita than every country in the … Continue reading
Author: L. Randall Wray Since the global financial crisis began in 2007, Chairman Bernanke has striven to save Wall Street’s biggest banks while concealing his actions from Congress by a thick veil of secrecy. It literally took an act of … Continue reading
By William K Black PhD The following is a transcript of a recent speech given by Professor William Black on an Economics Panel regarding the fradulent roots of our current crisis and the urgent need for criminal prosecutions among major … Continue reading
By THOMAS L. FRIEDMAN CITIGROUP is lucky that Muammar el-Qaddafi was killed when he was. The Libyan leader’s death diverted attention from a lethal article involving Citigroup that deserved more attention because it helps to explain why many average Americans have expressed … Continue reading
By: George_Reisman The protesters in the Occupy Wall Street movement and its numerous clones elsewhere in the country and around the world chant that 1 percent of the population owns all the wealth and lives at the expense of the remaining 99 … Continue reading