Banking Crisis

bailout by JT20162016

U.S. Lawmakers Smell Something Fishy in Bank of America / Merrill Deal

U.S. lawmakers seek BofA-Merrill probe R E U T E R S Fri Apr 24, 2009 By Kim Dixon and Rachelle Younglai WASHINGTON (Reuters) – Momentum is building among U.S. lawmakers to investigate Bank of America’s (BAC.N: Quote, Profile, Research, Stock Buzz) purchase of Merrill Lynch, amid allegations that federal officials gave the bank’s chief […]

Wall Street by JT20162016

Bill Black With Bill Moyers

Part Two Part Three [http://www.youtube.com/watch?v=jJ38T-VgmSY]

AIG by JT2016

The Quiet Coup :: Simon Johnson

The Quiet Coup The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of […]

Hedge Funds by JT20162016

Ben Bernanke on A.I.G. March 15, 2009 [video]

Carlyle Group by JT2016

Madoff Records Are “Utterly Unreliable”

Dec. 17 (Bloomberg) — Bernard Madoff’s ability to avoid scrutiny from U.S. regulators for years shows that the monitoring system is “broken and has to be fixed,” former Securities and Exchange Commission Chairman Arthur Levitt said. Levitt, a senior adviser to Carlyle Group, said today in a Bloomberg Radio interview that the SEC must respond […]