D&S BLOG
These posts are from the D&S Blog, which we mostly stopped posting to a few years ago. Visit our new blog Left Hook Economics (https://www.dollarsandsense.org/tag/left-hook-economics/).
Biggest Banks Need $75 Billion More
The results of the "stress tests" are in. According to the results, the biggest banks need $75 billion
AIG Bonuses Were $454 Million
Turns out the total bonuses paid to AIG were $454 million last year, or 4 times higher than previously reported.
25 Lenders Made $1 Trillion In Subprime Loans
From the Center for Public Integrity via HuffPo. Read the full report here.
Don't Believe the Hype About Union Intimidation
Via Politicalaffairs.net: In the battle over the passage of the Employee Free Choice Act, right-wing opposition to the bill
UAW/Chrysler: How 55% = 0% (D. Henwood)
From Doug Henwood's blog, on the whole Chrysler/UAW/VEBA thing: here * Chrysler stock hasn’t traded publicly
Stress Test Haiku
Hat-tip to Kiaran H. for passing this along: The stress tests are done Surprise—many banks are fine Now, go
Private Equity Aims to Snatch Up Banks
Very interesting piece from yesterday's New York Times. Private equity manager J. Christopher Flowers buys a tiny bank
The Battle for Health Care Begins
From Katrina vanden Heuvel at the Nation: "If there is no public insurance option…then this is not reform
UAW Plans To Dump Chrysler Stock
It appears that the worker takeover of what remains of industrial America will be short lived. The other day the
Swine 'Flu Action Alert (non-satirical)
We received this action alert related to swine 'flu (we're not going to save the pork industry
WHO Running out of Panic Colors (satire)
Hat-tip to TM for this gem, and "hi" to Jay O'C. World Health Organization running out
Why Leftists Keep Winning in Latin America
From Mark Weisbrot of the Center for Economic and Policy Research: Why Latin America's left keeps winning Washington&