Wall Street
Can the liberal honeymoon with Obama suspend the naive belief that Obama really cares about genuine change? As if the liberal dream is under the aegis of Obama only to be corrupted by, say, Blue Dog Democrats or whatever convenient excuse.
Liberals.
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Liberal activist Ralph Nader is famous for his “Capture Theory of Regulation”: government employees/regulators are promised future lucrative jobs in the...
made popular Jan 4 2011
CNBC is reporting that stocks are higher today (some indexes are at a two-year high) on the expectation that Republicans will be victories tonight. Analysts are saying...
made popular Nov 10 2010
CNBC is reporting that stocks are higher today (some indexes are at a two-year high) on the expectation that Republicans will be victories tonight. Analysts are saying...
made popular Nov 3 2010
In a town hall discussion broadcast live on CNBC Monday, President Barack Obama said the country’s economy is “moving in the right direction” —...
made popular Sep 21 2010
Debrahlee Lorenzana is filing a lawsuit against Citibank because they fired her, she says, for the strangest reason: she’s too hot.
She’s...
made popular Jun 3 2010
For many people the news of Wall Street titan Goldman Sachs being charged this morning by the Securities and Exchange Commission (SEC) for financial fraud is sweet...
made popular Apr 17 2010
A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home...
made popular Apr 15 2010
some good news: corrupt Wall Street investor Bernie Madoff was reportedly beaten senselessly in prison where he is serving a 150 year sentence.
Before I get to the...
made popular Mar 22 2010
After his fall from grace when his extra-martial affairs with multiply women were publicly disclosed, Tiger Woods stood as the epitome of what was wrong with modern...
made popular Feb 20 2010
President Obama gave Wall Street bosses a dressing down last night as he demanded more help to get America’s economy back on its feet.
The tense White House...
made popular Dec 16 2009
On Sunday night’s 60 Minutes, President Obama punched up his ongoing rhetorical battle with Wall Street, declaring that “fat cat bankers” have shown...
made popular Dec 15 2009
The US House of Representatives voted today to pass H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009. Sponsored by Barney Frank (D-MA), this bill...
made popular Dec 12 2009
President Barack Obama challenged Wall Street to embrace his proposed financial regulations at a New York City fundraiser Tuesday night.
Obama criticized the...
made popular Oct 21 2009
President Barack Obama went to Wall Street to tell the nation’s bankers that they “owe a debt to the American people” and must stop getting in the way...
made popular Sep 15 2009
For those unfamiliar, Jim Cramer is hyper-energetic investor guru on CNBC. Cramer made a fortune - $150 million - trading in the markets. After suffering from a heart...
made popular Jul 17 2009
Ruth Madoff, the wife of disgraced financier Bernie Madoff whom pulled off the biggest Ponzi scheme in history with $30 billion in hard cash squandered; has decided to...
made popular Jun 30 2009
It was Brazil’s President Lulu da Silva who remarked that while it was the blue eyes and blond of the Western world, it was the brown people whom were paying the...
made popular Jun 22 2009
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It seems that everyone is running away from the stock market these days. This morning on the news, I heard an ‘expert’ say that investors had ‘given up’ on...
made popular Oct 20 2008
Perhaps the most striking fact revealed by the global financial crash — or rather, by the reaction to it — is the staggering, astonishing, gargantuan amount...
made popular Oct 16 2008
We have just seen the blood letting on Wall Street, which is likely to continue. In the face of this we have seen Gold go up along with a greater demand for buying and...
made popular Oct 14 2008
All last week it felt as if the sky was finally falling on Wall Street. Socialists around the world were ecstatic over what they perceived to be the final downfall of...
made popular Oct 20 2008
While the U.S. Senate predictably capitulated to the demands of Wall Street last night, for the first time in recent memory the House listened to the American people...
made popular Oct 11 2008
With the ongoing economic crisis showing no signs of easing anytime soon, one former Wall Street analyst with $28,000 in credit card debt apparently found a unique way...
made popular Oct 7 2008
Ever wonder about the origin of bull markets and bear markets, particularly when a bear market takes over, in times of economic chaos? The Wall Street jargon has a...
made popular Oct 7 2008
Those Wall Street financial alchemists who turned garbage into gold must have helped John McCain prepare for his debate with Barack Obama last Friday.
made popular Oct 6 2008
With the passage of the Bush administration’s requested $700 billion bailout of the financial sector, there seems to no longer be any opposition within government...
made popular Oct 4 2008
On the day the Dow plunged almost 800 points, Erick Giliberti was doubling down on his smoking habit.
made popular Oct 3 2008
There has been much moaning, air-sucking, and outrage about the $700 billion that the U.S. government is thinking of throwing away on rich New York bankers who have...
made popular Oct 1 2008
Congressional leaders in the U.S. have agreed to the underpinnings of a deal that will allow the Treasury Department to buy up to $700 billion in troubled securities to...
made popular Sep 29 2008
It seemed as if the global economy were headed for the kind of crash we haven’t seen since 1929. All the elements for a great financial meltdown and economic...
made popular Sep 27 2008
As Wall Street continues to plummet, APF reports that crude oil prices skyrocketed yesterday, in the biggest one-day dollar gain on record in New York trade soaring...
made popular Sep 24 2008
This is the state of our great republic: We’ve nationalized the financial system, taking control from Wall Street bankers we no longer trust.
made popular Sep 23 2008
In many ways, America has remained the forefront of the capitalist movement. If there is a laboratory where research on capitalism is taking place it is here in...
made popular Sep 22 2008
Greed does not want the moral just standards by the army of the poor, the poor do not want the yoke of injustice on their shoulders so whose heart of the lion is in...
made popular Sep 22 2008
The relationship between Washington and Wall Street has changed fundamentally, and as a result, the road ahead is dark and unknown.
made popular Sep 20 2008
With the failures of Lehman Brothers, Fannie Mae and Freddie Mac this month, reams of Wall Street IT executives are out of work or soon will be. While financial...
made popular Sep 20 2008
The count down continues – Bears Stearns, Northern Rock, Indy Mac, Fannie Mae, Freddie Mac, Lehman Brothers, AIG, Merrill Lynch and so on and so forth. In our own...
made popular Sep 16 2008
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