U.S. Banks and the Dirty Money Empire
Reprising a classic article by radical sociologist James Petras, who died on January 17th, 2026.
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A Chronology of Today's Events
US shares seem to be settling down at with losses at a level below five percent. But today has still
What To Expect Today?
From Nouriel Roubini ...I was accused yesterday of being alarmist arguing that policy makers may have to shut down financial
Black Friday?
Now we've got a particularly toxic mix of recession fear and possible reversal in interbank lending. This spells
Notes on the Financial Crisis (Tom Weisskopf)
We've posted threeweb-onlyarticles drawing on notes on the financial crisis by Tom Weisskopf, professor of economics at the
Automakers Ditch Jobs, 401Ks, and NASCAR
A quick gloom and doom update on the US auto industry today. Chrysler announced that it was cutting 1,825
On the More Serious (Only Just) Side
Interesting article from the International Herald Tribune on Paulson's kicking-and-screaming acceptance of his "inner statist." The
Greenspan Is Shocked! Shocked!
This definitely falls into the "Give me a break" category In case anyone didn't know, Greenspan
NOT a Slow News Day
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
Interesting Piece on Marx and the Crisis
From Stumbling and Mumbling. Hat tip to Economist's View. I don't agree with all of this,
Something Good Comes Out of the Crisis!
Remember, though, all those who will be (and have been) hurt by the effects of this monumental waste; and that
Banks Mine Data and Woo Troubled Borrowers
A good article in yesterday's New York Times talks about data-mining companies that specialize in finding credit-challenged customers
Bleak Earnings Swamp Stocks
Just posted to wsj.com: By PETER A. MCKAY | Faltering profits and fears of global recession sent stocks into a