Zohran Mamdani’s Bold Program for an Affordable New York City
In a shocking upset, socialist Zohran Mamdani bested former governor Andrew Cuomo in the June 24 New York City mayoral
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Goldman Sachs and NYSE Transparency
More on the brewing Goldman Sachs scandal we posted on a couple of days ago. This is a post from
Laura Tyson: Second Stimulus May Be Needed
Bloomberg is reporting that Obama administration economic advisor Laura Tyson said in a speech in Singapore that a second stimulus
Making the White House a Fair Trade Zone
A coalition of fair trade organizations, vendors, and other supporters has launched a campaign to convince First Lady Michelle Obama
More Excess-Capacity Cutting
A piece in last Tuesday’s Wall Street Journal reiterates the point Roger Bybee made in our May/June issue
Goldman Trading Scandal?
This seems to be an emerging juicy story related to Goldman Sachs and possible theft of its proprietary automatic computer
Hartmarx Victory against Wells Fargo
From HuffPo; this relates to the article we posted back in December about the Republic Windows & Doors sit-in, and
Telegraph: Unemployment Time Bomb
From the Telegraph; by Ambrose Evans-Pritchard. I am so puzzled by his reference to (Irving?) Fisher at the end. I
Why Private Equity Wants To Buy Banks
because there's not much else to buy, according to this Financial Times story: On Wall Street: Banks no
If You Didn't Have Enough To Worry About...
Apparently there's major concern about an El Nino developing in the South Pacific. Such events can wreak havoc
Rogue Trader Causes Oil Spike
From The Financial Times: 'Rogue broker' blamed for oil spike By Javier Blas and Izabella Kaminska in London
If You Liked CDOs, You'll Love CLOs...
From the Financial Times: Night of zombie company looms as debt burden remains large By Anousha Sakoui Financial Times Published:
7 Banks Fail Today: 52 For the Year So Far
Seven banks were taken over by the FDIC on Thursday, six of them based in Illinois. A total of 52