Mauro Magnani's FINANCIAL TWINE
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Danny Schechter Dissects Wall Street Fraud: ‘Plunder: The Crime of Our Time’ | Disinformation“When plunder becomes a way of life for a group of men, they create for themselves in the course of time, a legal system that authorizes it, and a moral code that glorifies it.” – Political economist Frederic Bastiat, The Law (1850) “I used to think of Wall Street as a financial center. I now ...
JDP
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6 weeks ago
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What China Can Learn From its Dustup with GoogleIf you're keeping score in the contest between Google Inc. (Nasdaq: GOOG) and China's central government, you should be aware by now that everyone involved loses. * Google stands to lose anywhere from $400 million to $600 million in annual revenue, as well as a considerable foothold ...
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2 months ago
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Google China cyberattack part of spy campaign - Washington Post- msnbc.comComputer attacks on Google that the search giant said originated in China were part of a concerted political and corporate espionage effort that exploited security flaws in e-mail attachments to sneak into the networks of major financial, defense and technology companies and research ...
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2 months ago
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Geithner and the AIG Emails: Scandal Is Only Tip of the IcebergNow we learn that Geithner told AIG to withhold details from the public about the billions it handed to banks during the crisis.
Giorgio Bertini
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2 months ago
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'Big is bad' catches on in Congress - Victoria McGrane - POLITICO.comThe populist angst aimed at Wall Street banks is already spilling into Senate deliberations on regulatory reform, and a powerful new sentiment — big is bad — is being echoed by liberals and conservatives alike. The anger at the nation’s financial behemoths is taking shape in a variety of ways, ...
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2 months ago
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Americans' job satisfaction falls to record low - Yahoo! NewsEven Americans who are lucky enough to have work in this economy are becoming more unhappy with their jobs, according to a new survey that found only 45 percent of Americans are satisfied with their work. That was the lowest level ever recorded by the Conference Board research group in more ...
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2 months ago
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AIG executive resigns over pay limits - Yahoo! NewsA top executive at American International Group Inc has resigned because of pay curbs imposed by the Obama Administration's pay czar, the insurer said on Wednesday. Anastasia Kelly, AIG's vice chairman for legal, human resources, corporate affairs and corporate communications, resigned ...
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2 months ago
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Tiger Woods' Affairs Cost Billions in Stock Market | LiveScienceTiger Woods' extramarital affairs could cost you if you hold stock in a company he sponsors or a mutual fund that holds stock in those companies. A new study — not yet published in a journal — finds the market value lost to companies that had the golfer as a sponsor is already as high as $12 billion. ...
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2 months ago
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Answer Desk: TARP bailout won't die - Answer Desk- msnbc.comTo be sure, the return of the money indicates that the bailout succeeded. Banks are healthy enough to give the money pack, and taxpayers didn’t have to foot the bill for their mistakes. The Troubled Asset Relief Program may have turned out to be a nightmare, but it wasn’t a hoax. Enacted in the ...
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2 months ago
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Career Watch: A professor challenges the conventional wisdom on offshoringAs a serious researcher of the outsourcing phenomenon, you have taken to warning that outsourcing has grave implications for the well-being of the nation. Could you elaborate? Standard economic theory tells us that offshoring could be good or it could be bad for the American economy and standard ...
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2 months ago