With pathetically uninformed questions from Senators – & equally opaque, evasive answers from the perpetrators – Tuesday’s “Goldman Sachs Day” in the Senate was a pretty big bust,
the reasons for which will be the subject of a Featured Analysis in coming days.
You don’t need to understand the different types of derivatives, says Ezra Klein of the Washington Post,
The Greeks are mainly responsible for their current predicament.
But the German government has made the country’s situation worse with its lectures and reluctance to provide assistance.
The Greeks are mainly responsible for their current predicament.
Former executives at Moody’s and Standard & Poor’s offered damaging critiques to the Senate Permanent Sub-Commttee on Investigations of the practices at the two credit rating agencies during the run-up to the financial crisis.
One of the mysteries of the financial crisis is how mortgage investments that turned out to be so bad earned credit ratings that made them look so good.
One answer is that Wall Street was given access to the formulas behind those magic ratings — and hired away some of the very people who had devised them.
Well, things must definitely be a little boring in Rosario, Argentina, where our friend / colleague / and clearly devoted reader Sr. Dr. Claudio Pairoba lives,
Well, things must definitely be a little boring in Rosario, Argentina, where our friend / colleague / and clearly devoted reader Sr. Dr. Claudio Pairoba lives,
ONE LAPTOP PER CHILD is a nonprofit group that thinks big.
Since 2007, it has sold inexpensive but rugged laptop computers to the governments of less-developed countries.
ONE LAPTOP PER CHILD is a nonprofit group that thinks big.
The little item we’re going to bring you in a moment illustrates two important points:
the first is how incredibly close and fast-moving the “revolving door” is between the power centers in Washington DC & Wall Street;
The little item we’re going to bring you in a moment illustrates two important points:
