Latest news (Page 122)
Stiglitz: Wall Street Lobbying Will Doom Rescue
From Bloomberg: Read the rest of the interview here.
Mass Suicide By Broke Indian Farmers
From the wires: Over 1,500 farmers in an Indian state committed suicide after being driven to debt by crop
Cram Down Those Loans!
Senate Democrats are negotiating with banking industry lobbyists on legislation that would allow for bankruptcy judges to "cram down&
Fox *Outraged* by Frat-Boy Tea Humor
Ok, so I am not sure we have ever linked to Fox News, and this is a little juvenile, but
Skyrocketing Foreclosures
Banks have ended their voluntary halts on foreclosures, sending foreclosure rates skyrocketing 24% in the first three months of 2009.
Mall Operator In Bankruptcy
You know it's a really bad sign when sales are so slow that the malls are closing up.
More on AIG Bailout and Goldman's Earnings
Sent in by our long-lost collective member Faisal Chaudhry: Fresh on the heels of the euphoria in the financial press
Most Positive View of Income Taxes Since 1956
A recent Gallop poll shows Americans have a more positive view of income taxes than they have had in recent
On Events in Thailand
The Financial Times has a tolerable opinion leader (never mind the idiotic title) today on the dividing lines in big,
What Harvard Money Managers Make
As we reported earlier, Harvard expects to lose $11 billion, or 30% of its endowment (just what they lost is
China Reduces US Dollar Reserves In February
It's hard to tell how significant or durable an occurence this is, but it certainly deserves close attention.