Even Goldman's Largest Shareholders Are Getting Mad About Bonuses
On the heels of Goldman CEO Lloyd Blankenfein's apology for his firm's role in the financial crisis, some of Goldman's largest shareholders are unhappy more of Goldman's prosperity isn't being passed ... more
Nov 20, 2009
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Tim Geithner Is Mad as Hell and Isn't Going to Take It Anymore
Treasury Secretary Tim Geithner took some heavy fire on Capitol Hill Thursday. Days after Oregon Democrat Peter DeFazio called for Geithner's resignation, Texas Republican told the Secretary: "The pub... more
Nov 20, 2009
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Are We On The Verge Of Total Global Economic Collapse?
Are we on the verge of total economic collapse?
Nov 20, 2009
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We Need a Second Stimulus Immediately, Says James Galbraith
A fight has broken out among economists about whether what ails the country is too much spending or too much debt.
Nov 20, 2009
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“A Govt. Not Run by the Financial Sector": James Galbraith's Rx for Wall St...
The post-op on the great crash of 2008 continued in Washington Thursday as the Joint Economic Committee (JEC) held a hearing on financial reform.
Nov 20, 2009
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"A Govt. Not Run by the Financial Sector": James Galbraith's Rx for Wall St...
The post-op on the great crash of 2008 continued in Washington Thursday as the Joint Economic Committee (JEC) held a hearing on financial reform.
Nov 20, 2009
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"A Truly Extraordinary Slump": Reports of Robust Recovery Premature, James ...
Disappointing reports this week on housing starts and foreclosures, as well as the index of leading economic indicators, have cast a bit of a pall on the "robust recovery" story, putting a crimp in th... more
Nov 19, 2009
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Obama, Geithner and Bernanke: America's Top Bond Salesmen Pitch No. 1 Clien...
As President Obama wrapped up his first trip to China this week, there was plenty of talk about partnerships but few concrete agreements reached on (1) whether or not China will let its currency float... more
Nov 19, 2009
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"The Illusion of Prosperity": U.S. Destined to Lag Rest of the World, Peter...
"It's dangerous to be short this market," says Peter Boockvar, equity strategist at Miller Tabak.
Nov 19, 2009
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Why Is the Fed Still at Zero? Bernanke Playing with Inflation Fire, Peter B...
The newswires probably made too much of Bullard's comments - and headline writers overlooked his caveats: "The 'too low for too long' argument may weigh heavily on the FOMC this time," he said.
Nov 19, 2009
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