Latest news (Page 170)
Damn It Feels Good to Be a Banksta!
Hat-tip to Jordan Hayes on lbo-talk for this gem. See the whole cartoon.
Why Fed Policy is Failing (Tom Palley)
The Federal Reserve and U.S. Treasury continue to fail in their attempts to stabilize the U.S. financial system.
Perdition Postponed
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
Lehman Execs' Golden Parachutes
In Congressional testimony today, former Lehman Brothers CEO Richard S. Fuld Jr. defended the massive salaries and last-minute payouts to
Dow Drops Below 10,000 (WSJ)
Just posted to the Wall Street Journal's website: Dow Drops Under 10000 As Bank Woes Persist By PETER
Born-Again Democracy (William Greider)
From the current issue of The Nation magazine: Comment By William Greider Our country is at a rare and dangerous
Roll Over or Die
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
Is This the End of US Capitalism? (Gerald Friedman)
This is the response that Gerald Friedman, of the UMass-Amherst econ department and the Center for Popular Economics, gave to
Bush Signs Bailout After House Passage (WSJ)
By MICHAEL R. CRITTENDEN and COREY BOLES WASHINGTON -- President George W. Bush signed the biggest government intervention in the
California Credit Access Terminated?
The NYT reports that California may soon be asking the federal government for a $7 billion loan in the next
The '1979 Moment' for Casino Capitalism (FT)
From the Financial Times: By John Monks | Published: October 2 2008 18:43 At its congress in Seville in 2007,