All Site Content
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Wall Street's Economic Crimes Against Humanity (Shoshana Zuboff)
By refusing to consider the consequences of their actions, those who created the financial crisis exemplify the banality of evil, writes Shoshana Zuboff.
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Geithner Puts Finishing Touches on Plan to Revive U.S. Banks (Robert Schmidt & Rebecca Christie
March 21 (Bloomberg) -- The Obama administration put the finishing touches on a plan to remove troubled assets from banks’ balance sheets that will be unveiled early next week.
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The belief that the wealthy are worthy is waning (Michael Hiltzik)
With financial crisis and scandal as backdrop, Americans are questioning whether plutocrats are either indispensable or deserving.
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The Big Takeover (Matt Taibbi)
March 19, 2009 (Rolling Stone) -- The global economic crisis isn't about money -- it's about power. How Wall Street insiders are using the bailout to stage a revolution
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Growing Transatlantic tensions on the eve of the G20 summit (LEAP/E2020)
March 16, 2009 (LEAP/E2020) -- According to LEAP/E2020, there are only two options left for the G20 leaders who gather April 2nd in London: either they rebuild a new international monetary system, ...
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UN Panel Says World Should Ditch Dollar (Jeremy Gaunt)
March 18, 2009 -- LUXEMBOURG (Reuters) - A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the ...
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Global crisis 'to strike by 2030' (Christine McGourty)
March 19, 2009 (BBC) -- Growing world population will cause a "perfect storm" of food, energy and water shortages by 2030, the UK government chief scientist has warned.
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Naked Short Sales Hint Fraud in Bringing Down Lehman (Gary Matsumoto)
March 19 (Bloomberg) -- The biggest bankruptcy in history might have been avoided if Wall Street had been prevented from practicing one of its darkest arts.
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NRC Expects Requests for 7 New Nuclear Reactors (Reuters)
March 18, 2009 -- WASHINGTON -- The Nuclear Regulatory Commission has received 17 applications to build 26 new U.S. nuclear reactors and could get five more applications for seven reactors by the ...
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AIG Could Be On $1.6 Trillion Hook For Global Swaps (Michael Gray & Kaja Whitehouse)
March 19, 2009 (New York Post) -- The investors that own many of the derivative securities at the center of American International Group's collapse are among the world's and this country's biggest ...
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Fed knew of AIG bonuses, failed to tell Obama (AFP)
March 19, 2009 -- WASHINGTON (AFP) - U.S. Federal Reserve officials knew about the controversial AIG bonuses but did not tell Treasury or White House officials for months, the Washington Post ...
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