Thorne Webb Dreyer, Editor
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Tag Archives: Banking
CODEPink Questions Henry Paulson’s Leadership
Should Henry ‘The Fox’ Paulson Guard the Henhouse?By Medea Benjamin / October 9, 2008 On Tuesday, October 7, a group of CODEPINK pranksters pranced in front of the New York Stock Exchange. One, wearing an oversized papier maché head of … Continue reading
Cook County Sheriff Stands Up to the Bankers
Sheriff Tom Dart has suspended evictions from buildings that have been foreclosed on like this one in Albany Park. From left: Tenants Mario Hernanzez, Dart, Maria Cruz and Gabriela Maciel with her son Diego. Photo: Al Podgorski/Sun-Times.Dart refuses to evict … Continue reading
Indentured College Graduates: How the Capitalist System Locks in the Slaves
I could write a book about this: the capture of innocent young people into a system that requires them to pay off their student loan debts for years as they try to start lives and Families. The way the capitalist … Continue reading
Rep. Cummings: "I wonder how he sleeps at night."
Longtime Lehman Brothers Chief Executive Richard S. Fuld Jr., testifies before the House Oversight and Government Reform Committee on Monday. Photo: Susan Walsh, APLehman Brothers Brass Sought MillionsBy Julie Hirschfeld Davis / October 6, 2008 WASHINGTON — Days from becoming … Continue reading
Stopping a Financial Crisis : How Sweden Did It
Sweden’s Bo Lundgren sought an ‘upside’ for the taxpayer.‘Sweden did not just bail out its financial institutions by having the government take over the bad debts. It extracted pounds of flesh from bank shareholders before writing checks.’By Carter Douherty A … Continue reading
We Will Pay Because God Loves the Rich
And as we all know, worms do not rise up in revolt. That takes a backbone.Speaking in the Tongues of Brokers: The Bailout in Plain EnglishBy Joe Bageant / October 2, 2008 Any number of cultural historians have noted the … Continue reading
The End of America As We Know It?
A Father Sounds An AlarmBy Ray Zwarich / The Rag Blog / October 3, 2008 Like many readers of the Rag Blog, I have been a leftist since the Tet Offensive set off a political awakening in a nice middle … Continue reading
Using Depression-Era Tactics for Survival
Weathering the Coming Crisis, Part IIBy Diane Stirling-Stevens / The Rag Blog / October 3, 2008 A week or so ago, I wrote up some of the things we’re doing to minimize problems in our lives, with this bail-out and … Continue reading
Bernie Sanders: Alternatives to the Massive Bailout
Bailout Passes Senate; 9 Reasons That’s Bad News for YouBy Sen. Bernie Sanders / October 1, 2008. Forcing each American to fork over $2,200 at a time when median family income has declined by as much is no way to … Continue reading
Experts Weigh in on the Financial Services Crisis
Bailout BurnoutBy Lila Shapiro / September 29, 2008 Yesterday the house rejected Paulson’s $700 billion rescue plan 228-205. Today, Congress breaks for Rosh Hashanah. Between the finger pointing (It’s Nancy’s fault!!!!), and the mavericking, it’s hard to get a grasp … Continue reading
Washington Mutual Goes South
Following a scramble by government regulators to find a buyer, JPMorgan Chase & Co. says it will acquire the operations of Washington Mutual after the nation’s largest savings and loan was seized by the FDIC on Thursday. Photo: Mark Lennihan, … Continue reading
More on the Details of the Current Crisis
The Credit Crisis and the Real Story Behind the Collapse of AIGBy Shah Gilani / September 22nd, 2008 [In Part II of his three-story investigation of the credit crisis, Money Morning Contributing Editor Shah Gilani shows us how American International … Continue reading
