Archive for the 'Financial Institutions' Category

Will We Ever Again Trust Wall Street?–headline, 2/6/2010

Saturday, February 6th, 2010

For a second, I wondered if this were a “When did you stop beating your wife?” question.  Then I noticed it was on
THE WALL STREET JOURNAL site.

‘Isolation is No Longer an Option for Switzerland’–Der Spiegel headline

Tuesday, February 2nd, 2010

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dpa
German Finance Minister Wolfgang Schauble registers his opinion of
the Gnomes of Zurich as Chancellor Angela Merkel flinches. “Still,”
she said resignedly, “It’s better than a cowboy neck rub.”

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Buffalo’s Debt Collectors Accused of Bullying–Associated Press headline, January 6, 2010…

Monday, January 11th, 2010

That’s bad, but it could be worse…

“Bull Durham County Debt Collectors Accused of Buffaloing”

freecreditreport.comfreecreditreport.comfree

Monday, January 11th, 2010

Federal Reserve Seeks to Block Release of U.S. Bailout Secrets
Bloomberg
David Glovin David Glovin – Mon Jan 11, 12:01 am ET
Jan. 11 (Bloomberg) — The Federal Reserve will ask a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal secret identities of financial firms that might […]

“I’m doing God’s work.”–Lloyd Blankfein, C.E.O. of Goldmammon Sachs, quoted in London Sunday Times, 11/08/2009

Saturday, November 7th, 2009

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Images: (1) evelyn de Morgan posters via squidoo.com; Lloyd via img.timeinc.net;  (2) background by bbc.co.uk; Lloyd original photo by Michael Asselin; money shirt via toxel.com (3) Lloyd via static.gum.cop.uk via guardian,co,uk; flames via ihateyourjob.com
The story is here.

Please read this column from the man who should have had a job in this administration.

Monday, August 3rd, 2009

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Op-Ed Columnist
Rewarding Bad Actors
By PAUL KRUGMAN
Published: August 2, 2009
The New York Times

Americans are angry at Wall Street, and rightly so. First the financial industry plunged us into economic crisis, then it was bailed out at taxpayer expense. And now, with the economy still deeply depressed, the industry is paying itself gigantic bonuses. If you aren’t […]

A Rush to Judgment?

Wednesday, May 6th, 2009

Listen:

Image: (Hell) Garden of Earthly Delights–Hieronymus Bosch via astro.ucla.edu; via wikimedia.org; via 4.bp.blogspot.com; (Limbaugh) (big shirt) AP/Photo; (mug) via wowowow.com

Find the heavy in Death Wish 4 and the CEO in Bank of America II…

Monday, March 2nd, 2009

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Image:(John Ryan) via findagrave.com

Lehman’s Fuld Sold Florida Mansion To Wife For $100–Reuters headline

Monday, January 26th, 2009

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(Reporting by Yinka Adegoke)

Sun Jan 25, 2009 7:59pm EST
NEW YORK (Reuters) - Fallen Lehman Brothers Chief Executive Richard Fuld sold his $13.3 million mansion to his wife for just $100 last November, according to Florida real estate records.
The 62-year old executive, who could face civil lawsuits after overseeing the storied investment bank’s collapse into Chapter […]

A jerk to the end…

Saturday, January 10th, 2009

Bush Prepares Request for Rest Of Bailout Funds
If Congress Votes Down Measure, Veto Power Could Come Into Play
By David Cho and Lori Montgomery
Washington Post Staff Writers
Saturday, January 10, 2009; Page A01
Senior Bush administration officials, consulting with the Obama transition team, have prepared a plan to ask lawmakers for the second half of the $700 billion […]

Who said there are not a few bright spots in the financial crisis?

Wednesday, December 31st, 2008

 Senator Inhofe wouldn’t have this problem.
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Breaking Up Is Harder to Do After Housing Fall
By JOHN LELAND
Published: December 29, 2008
When Marci Needle and her husband began to contemplate divorce in June, they thought they had enough money to go their separate ways. They owned a million-dollar home near Atlanta and another in Jacksonville, Fla., as well […]