Will We Ever Again Trust Wall Street?–headline, 2/6/2010
Saturday, February 6th, 2010For 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.
Archive for the 'Wall Street' Category
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, 2009Listen:
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
Could bailout’s pay caps launch Wall Street trend?–Christian Science Monitor headline
Tuesday, September 30th, 2008…as surely as the moon is made of Roquefort cheese.
Still, the Red Sox Curt Schilling may have made more per hour.
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By Ron Scherer Tue Sep 30, 4:00 AM ET
New York - Lloyd Blankfein, chairman of Goldman Sachs, made $73.7 million last year. James “Jamie” Dimon, chairman of J.P. Morgan Chase, had to make do […]
You’ll have to hear these two intellectuals discuss Medieval history.
Tuesday, September 30th, 2008*
The story and recording are here.
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Images: (Jonah) princeton.edu; (beck) farm3.static.flickr.com; (weasel) dnr.state.il.us; (electric knife) Cuisinart via toolmonger.com;
My question is “What does Brooks expect?” For eight years, Congress has consistently chosen the wrong path by rubber-stamping the policies of a power mad administration…
Tuesday, September 30th, 2008that they choose an inopportune time to stand, should surprise no one.
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Following Brooks’ piece is a comment by Vincenzo Kolchak.
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September 30, 2008
Op-Ed Columnist
Revolt of the Nihilists
By DAVID BROOKS
In 1933, Franklin Roosevelt inherited an economic crisis. He understood that his first job was to restore confidence, to give people a sense that somebody was in charge, […]
This rush to judgment will give the voracious executive branch even more life-sucking power without any concomitant thought of the future.
Monday, September 29th, 2008This piece is from the Hill.com.
Kucinich says not enough votes for bailout
By Kevin Bogardus
Posted: 09/28/08 03:31 PM [ET]
A prominent liberal Democratic lawmaker said Sunday there are not enough votes to pass the bailout package as it stands now.
“I will tell you right now I don’t know if they have votes,” said Rep. Dennis Kucinich (D-Ohio). […]
Dodd’s Bailout Draft Could Give Companies’ Shares to Government–Wall Street Journal headline, September 22, 2008
Tuesday, September 23rd, 2008 It would almost be better to force each of these Wall Street sharks adopt a mortgage.
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Wall Street Journal
SEPTEMBER 22, 2008, 2:41 P.M. ET
By DAMIAN PALETTA
WASHINGTON — Senate Democrats want to add tough new measures to the Treasury Department’s proposal to bail out financial firms, including strict limits on executive compensation and a provision that would […]
ABC NEWS…not the SOCIALIST WORKER!
Monday, September 22nd, 2008Last Year’s Big Five Wall Street Bonuses
Jack Tapper, ABCNews
September 22, 2008 7:12 AM
As the Bush Administration asks for close to a trillion dollars to prevent a worldwide financial cataclysm, here are some numbers you might find interesting — courtesy of the ABC News Research Center and ABC News’ Barbara Paulson.
In 2007, Wall Street’s five biggest […]
The banks now parrot the Blessed Reverend in THE LOVED ONE…
Sunday, April 6th, 2008 “I’ve got to find a way yo get those stiffs off my property!”
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Foreclosures come to McMansion country
By Andy Sullivan 53 minutes ago
LEESBURG, Virginia (Reuters) - Million-dollar fixer-upper for sale: five bedrooms, four baths, three-car garage, cavernous living room. Big holes above fireplace where flat-screen TV used to hang.
ADVERTISEMENT
The U.S. housing crisis has come to […]
Herb must have retired the trophy.
Saturday, April 5th, 2008April 03, 2008
WSJ may endorse in ‘08; first time since Hoover!
When Rupert Murdoch spoke yesterday at Georgetown, he indicated that a long-standing Wall Street Journal tradition could be changed in 2008: The paper might endorse a presidential candidate.
The Journal has refrained from endorsing a presidential candidate for more than seven decades.
In a July 2007 editorial […]
“I want to thank you, Mr. Secretary, for working over the weekend,” Mr. Bush said.
Monday, March 17th, 2008*
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…which is a lot more than he did during the Katrina fiasco.
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The New York Times
March 17, 2008
Bush, Praising Fed’s Intervention, Faces Criticism
By STEVEN LEE MYERS
WASHINGTON — As President Bush welcomed the Federal Reserve’s sweeping intervention in the financial markets, his administration faced accusations Monday that it supported the bailout of a prestigious investment bank while […]
And now…the Penny Stock Report…with Jay Gould…
Monday, March 17th, 2008The New York Times
March 17, 2008
JP Morgan Pays $2 a Share for Bear Stearns
By ANDREW ROSS SORKIN
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In a shocking deal reached on Sunday to save Bear Stearns, JPMorgan Chase agreed to pay a mere $2 a share to buy all of Bear — less than one-tenth the firm’s market price on Friday.As part of the […]