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Another Goldman executive named to key government post as its profits skyrocket - Glenn Greenwald - Salon.comAnother Goldman executive named to key government post as its profits skyrocket Apparently, the U.S. government didn't have enough Goldman Sachs executives in key financial and regulatory positions, so the following happened this week : A Goldman Sachs executive has been named the first ...
tj dreves
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2 months ago
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Bill Moyers Journal . Watch & Listen | PBSOctober 9, 2009 Just over a year after economic calamity brought promises of reform from Washington, has Wall Street really changed? Former International Monetary Fund chief economist Simon Johnson and US Rep. Marcy Kaptur (D-OH) report on the state of the economy.
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Letter to the Queen: Why No One Predicted the Crisis - Thomas PalleyIn response to your question why no one predicted the crisis you have recently received a letter from Professors Tim Besley and Peter Hennessy, sent on behalf of the British Academy. They claim economists’ failure to foresee the crisis was the result of a “failure of the collective imagination.” ...
Giorgio Bertini
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Jubilee USA - Joining hands to break the chains of debtJubilee USA Network is an alliance of more than 80 religious denominations and faith communities, human rights, environmental, labor, and community groups working for the definitive cancellation of crushing debts to fight poverty and injustice in Asia, Africa, and Latin America. Jubilee calls ...
Giorgio Bertini
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'Vulture funds' threat to developing world - BBCOn Thursday 15 February a high court judge in London will rule whether so-called vulture fund can extract more than $40m from Zambia for a debt which it bought for less than $4m. There are concerns that such funds are wiping out the benefits which international debt relief was supposed to bring ...
Giorgio Bertini
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Indebted nations fight off vulture funds - Asia TimesA deadly and dangerous species of vulture is evolving. Policy experts are trying to trace the exact whereabouts of this new species because it has caused around US$1 billion in damage to poor nations in recent years. These creatures have no feathers. They are predatory investors known as ...
Giorgio Bertini
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5 months ago
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The vultures that prey on the poorestGordon Brown has called them perverse and immoral. Collectively, they have won court judgments against developing countries worth more than £1bn. But, at last, it seems that many so-called vulture funds may have flown for the last time. Vulture hedge funds make their money from buying up poor ...
Giorgio Bertini
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5 months ago
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Simon Johnson's crusade against the oligarchs of Wall StreetFew magazine articles in recent memory have excited as much econo-blogospheric commentary as former International Monetary Fund chief economist Simon Johnson's "The Quiet Coup." For good reason: Johnson's elucidation of how four decades of deregulatory ideology placed the interests of Wall ...
Giorgio Bertini
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5 months ago
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Simon Johnson's morality tale - Dani RodrikSimon Johnson tells a simple and compelling story: the U.S. has been afflicted by a version of the crony capitalism that has been the scourge of so many emerging markets, except that Wall Street has bought its influence and power not by bribery but by shaping the ideology of our times:
Giorgio Bertini
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Prophet Motive - Is Nouriel Roubini lucky or just good?Now that his early prophesies of a "bloodbath" have come to pass, Roubini's star is at its apex, and everyone wants a little ray of its gloomy light. This includes his editors at Forbes, The Wall Street Journal, and a growing number of other publications; his students at NYU, where he is a ...
Giorgio Bertini
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7 months ago
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