Showing posts with label Wall Street crisis of 2008. Show all posts
Showing posts with label Wall Street crisis of 2008. Show all posts
Jan 23, 2009

Merrill Lynch's John Thain: Villain of the Century

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Update II : Obama Calls Wall Street Bonuses ‘Shameful’ Update : John Thain's Top Ten Greatest Moments Can you believe this? Sick. Merril...
Dec 4, 2008

Krugman on Hardball

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Nobel Prize-winning economist and NYT columnist Paul Krugman is in a unique position to influence the conversation on the next administrat...
Nov 12, 2008

Roubini: Dismal Outlook for the US and Global Economy

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Warnings that President-elect Obama err on the side of doing too much as Americans watch their retirement savings dissipate are words from ...
Nov 7, 2008

Go for the Juggler, Obama

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Paul Krugman has a piece in the Times this morning advocating that President-elect Obama pursue a full-blooded “progressive agenda.” In opp...
Oct 25, 2008

Roubini's Global EconoMonitor: Deflation and Stag-deflation Coming Soon

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This is some scary stuff that President Obama and the rest of us will be dealing with next year. From RGE - Nouriel Roubini's Global Eco...
Oct 12, 2008

Hyper Power Corrupts

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In December 2000, the Clinton administration announced projections that “ the United States is on course to eliminate its public debt within...

Chomsky on Wall Street Crisis

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Disasters and spectacular events like the Wall Street crisis have a way of invoking the recreational imaginations of Americans usually vague...
Oct 11, 2008

Charles Schwab: Depression Fears Overblown

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We have heard the bromide: 911 changed everything! For instance, “…9/11 changed everything for us. 9/11 forced us to think in new ways about...
Oct 10, 2008

Someone to go to the well with

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President Lyndon Baines Johnson nationalized the old Texas sentiment of confidence and respect: He’s someone to go to the well with . As we ...

Risk of Severe Global Depression

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One does not need to be a Cassandra to suggest that the " world is at severe risk of a global systemic financial meltdown and a severe ...

Krugman: New Plan or Else

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Moment of Truth If a new rescue plan is not announced this weekend, the world economy may experience its worst slump since the Great Depress...
Oct 9, 2008

End of American Capitalism or Something

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The End of American Capitalism? asks Anthony Faiola in this morning's Post . The worst financial crisis since the Great Depression is c...

Fear

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Fear. From Reuters By Doris Frankel CHICAGO, Oct 8 (Reuters) - Wall Street's favorite measure of investor fear , the Chicago Board Optio...
1 comment:
Oct 6, 2008

'Fear' Index Hits All-time High

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Who can argue that the Bailout Plan , incomplete though it is, is not needed to halt the fear breeding on fear? From Reuters : By Doris Fran...

Roberts on Wall Street: Bush Loosed Greed onto Imprudence

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Update II : 'Fear' Index at All-time Intraday High Update : Five percent down and dropping Paul Craig Roberts ought to be required r...
1 comment:
Oct 5, 2008

We Were Told of Crisis Beforehand

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Before the bailout crisis dominated the political and financial news, a high-circulation political newsletter, CounterPunch , continued its ...
Oct 2, 2008

Warren Buffett Says Confidence is Oxygen

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"You want to be greedy when others are fearful. You want to be fearful when others are greedy. It's that simple. ... They're pr...
Sep 30, 2008

NYT Business Page

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NYT Business Page
Sep 29, 2008

Pelosi's Five-Minute Speech

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Here's Nancy Pelosi's speech that House Minority Leader John Boehner (R-Ohio) said caused House Republicans to vote against George W...
1 comment:

House GOP Kills Bush Bailout Bill

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The House narrowly defeated the Bailout bill 228-205; as stocks plunge and everyone is wondering how ineffectual is George W. Bush that he c...