Group Think, Duct Tape and Slam Dunks
THE NEW YORK TIMES August 9, 2009 Paulson’s Calls to Goldman Tested Ethics By GRETCHEN MORGENSON and DON VAN NATTA Jr. Before he became President George W. Bush’s Treasury secretary in 2006, Henry M. Paulson Jr. agreed to hold himself to a higher ethical standard than his predecessors. He not only sold all his holdings […]
MoreREUTERS Mon Jul 6, 2009 5:59pm EDT WASHINGTON (Reuters) – The U.S. Federal Reserve, facing growing pressure as it tries to heal the ailing economy, dodged a bullet on Monday when the U.S. Senate cast aside a new effort to increase scrutiny of the central bank. On procedural grounds, the Senate blocked a bid to […]
MoreU.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 […]
MoreBBC NEWS By Joe Lynam Billionaire investor Gorge Soros has said the G20 summit will be a “make or break” event for the world’s economy. In a BBC interview, Mr Soros said the international financial system had collapsed because it was flawed and it had to be restructured. Mr Soros say it may be the […]
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