The only alternative for people who will not live as slaves to the big banks may be to seek the peaceful overthrow of the government of the United States. Shall we start the revolution now?
The real question is whether the credit union industry can survive the continued operational chaos inside its supposed regulator.
Chautauqua Notes | Ethical Challenges of Finally Fixing the Financial Crisis: Fair Deals vs. New DealsSubmitted by rcwhalen on 08/09/2012 07:48 -0400
From the perspective of ethics, the fiscal profligacy of the US government and related behavior in the private sector is the cause of the financial crisis
If the political tsunami underway in Maine is any indicator, the November 2012 election will be fascinating and unpredictable
TAG ought to be allowed to expire at the end of 2012, but people like Barney Frank and Tim Johnson will be working to preserve this corporate subsidy for their clients among the large banks regardless of the deleterious effect on the US economy.
As the flow of subsidies from Washington slowly ebbs, the TBTF banks will begin to feed upon one another...
Do the good citizens of the Wall Street establishment broadly defined understand the risks taken by the House of Morgan?
So when you see Citi’s Q2 2012 earnings, remember that about ¼ of the number will come from non-interest bearing deposits covered by FDIC's TAG program.
Fed Chairman Bernanke should be impeached if he does not restore Fed surveillance over primary dealers immediately.
But please don’t tell me that you are surprised that Barclays was “manipulating” LIBOR.
Anna was best known as co-author with Milton Friedman of A Monetary
History of the United States, 1867-1960 (1963). She also was the staff
director of the United States Gold Commission, 1981-1982.
Only when the lack of visibility on forward revenue and earnings was obvious to all did Moody's act
Giddens ought to approach the bankruptcy judge and suggest that they both apply to Judge Rakoff for the appointment of a receiver in the MF Global bankruptcy.
Over-collateralization rates for Spanish covered bonds goes into the stratosphere -- 200-300% -- a grim indication of loss given default.
Nobody on the Buy Side wants to sue JPM, Goldman Sachs, Morgan Stanley et al for securities fraud on the more problematic deals of the past decade.