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Civil War In Corporate America: Banks Battling The Chamber On Accounting RulesRyan Grim Civil War In Corporate America: Banks Battling The Chamber On Accounting Rules What's Your Reaction? Amid the ongoing financial regulation overhaul, the banking industry is hoping to pull off a quiet power grab that has eluded its grasp since the Great Depression, by stripping ...
Giorgio Bertini
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3 weeks ago
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Community-Wealth.org: Wealth-Building Strategies for America's CommunitiesOur goal is to provide you with the web's most comprehensive and up-to-date information resource on state-of-the-art strategies for democratic, community-based economic development. The resources offered here include directories, breaking news, publications, and conference information, as well ...
Giorgio Bertini
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8 weeks ago
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Critical Condition: Health Care in America by James SteeleInvestigative reporting team Donald Barlett and James Steele discuss Critical Condition: How Health Care in America Became Big Business and Bad Medicine at the 2007 Chautauqua Institution Summer Program. In this hour-long lecture from the Chautauqua Institution, award-winning investigative ...
Giorgio Bertini
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2 months ago
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America's Bailout Barons - Taxpayers, High Finance and the CEO Pay BubbleEarlier this year, President Barack Obama surveyed America’s economic wreckage and pledged to help create a new “post-bubble” economy. We need as a nation, he stressed, to “go back to fundamentals.” Our bubble days, he added, “are over.” Not quite. One driving bubble in the U.S. economy has ...
Giorgio Bertini
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2 months ago
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Protect Consumers, Raise Capital, And Jam The Revolving Wall St-Washington DoorBen Bernanke has a great opportunity to lead the reform of our financial system. His standing in Washington and on Wall Street is at an all-time high, as a result of his bailout/rescue efforts. He is about to be reappointed with acclaim for a second term as chairman of the Federal Reserve’s ...
Giorgio Bertini
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2 months ago
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No Consensus on the Washington ConsensusOn local, national, and international levels, new forces have risen to challenge the Consensus and create alternatives. Beginning in the 1980s, the “Washington Consensus” – the concept that free markets were the solution to poverty — dominated development theory, policy, and practice around the world....
Giorgio Bertini
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3 months ago
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The Federal Reserve’s Exploding Balance SheetIn mid-September, following the stunning failure of Lehman Brothers, the Federal Reserve scrambled to buy bonds and make emergency loans to financial institutions to prevent a further collapse of credit markets. Suddenly its long-stable balance sheet ballooned from $800 billion to $2.2 ...
Giorgio Bertini
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4 months ago
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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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4 months ago
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'America Is Rarely This Softspoken'High-level negotiations in Washington between the US and China reflect a growing sense that the two powers are on top of the world. But for the first time in decades, the US is taking a remarkably conciliatory tone with its Asian rival. US President Barack Obama was remarkably conciliatory ...
Giorgio Bertini
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4 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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4 months ago