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Cesar Chavez at the Root of Obama's Campaign: Grassroots Latino Voter Outreach - Randy Shaw. The Huffington PostNow, for the first time in U.S. history, Latino voters could play a decisive role in the presidential election. If they do, we can thank Cesar Chavez and UFW alumni... and the city of Los Angeles. Forty years ago, Cesar Chavez and the UFW went to Los Angeles to increase Latino voting for ...
Giorgio Bertini
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14 months ago
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Global Financial Meltdown - RGEAs the subprime crisis in the US and the UK has now turned into a full-fledged global credit and financial crisis, policymakers worldwide are belatedly attempting to take urgent steps to prevent a global financial meltdown. Actions taken so far have included massive infusion of liquidity into ...
Giorgio Bertini
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14 months ago
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Follow the Money - FTBy the end of Oct, the US authorities will have provided more than $1 trillion in support – on top of the $700 billion which Congress has authorised the Treasury to spend buying up impaired mortgage-backed securities. But even $1 trillion is unlikely to be enough to stabilise the system and end ...
Giorgio Bertini
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14 months ago
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Financial Hubs See an Opening Up at the Top - Wall Street's Long, Dominant Run Is Fading, Global Financiers Say - WPLooking down from his building's 87th floor at the glittering signs of multinational banks along the river here, Fan Dizhao declared confidently that Wall Street's reign as the world's No. 1 financial hub is coming to an end. The United States may be grappling with its worst economic crisis ...
Giorgio Bertini
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15 months ago
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The Bailout Defeat: A Political Credibility Crisis - TIMEThere was a lack of trust, a loss of confidence, a popular revolt. Nearly every major political leader in America supported the $700 billion financial bailout bill. The President of the United States. The Vice President. The Treasury Secretary. The Chairman of the Federal Reserve. The Chairman ...
JDP
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15 months ago
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Financial crisis: Western world will become significantly less wealthy. Corporate America has just lost a chunk of its value the size of the Indian economy - Telegraph. UKThe staggering plunge in the value of publicly quoted stocks in the US last night - a $1.2 trillion fall - shows more clearly than anything else just how much it had been holding out for a financial bail-out. Even so, the longer you stare at a screen of the Dow Jones or FTSE 100, the more ...
Giorgio Bertini
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15 months ago
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Shock bailout vote heightens recession specter - ReutersThe U.S. economy was in dangerous waters before a shock House of Representatives vote on Monday to reject a bailout for troubled financial firms and it now even closer to being on the rocks. Credit markets have seized up, banks are failing in Europe or facing arranged marriages in the United ...
Giorgio Bertini
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15 months ago
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Main Street turns against Wall Street - Fortune. Sep. 28, 2008A populist backlash is changing America's political climate. Inflamed by the financial crisis and bailouts, a form of class warfare could haunt business leaders for years to come. In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall ...
Giorgio Bertini
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15 months ago
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Document
IMF - World Systemic Banking Crises: A New Database. September 2008This paper presents a new database on the timing of systemic banking crises and policy responses to resolve them. The database covers the universe of systemic banking crises for the period 1970-2007, with detailed data on crisis containment and resolution policies for 42 crisis episodes, and ...
Giorgio Bertini
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15 months ago
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Eurozone falls into recession - FTThe eurozone has fallen into recession, with industry particularly badly hit by the fall-out from global economic turmoil, results of a closely watched survey indicated on Tuesday. Private sector output in the 15-country region contracted in September for the fourth consecutive month, according ...
Giorgio Bertini
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15 months ago