Group Think, Duct Tape and Slam Dunks
SEC
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 […]
MoreMatt Taibbi: The Big Takeover – Rolling Stone Magazine
The global economic crisis isn’t about money – it’s about power. How Wall Street insiders are using the bailout to stage a revolution ROLLING STONE | March 19, 2009 The Big Takeover- Matt Taibbi It’s over — we’re officially, royally fucked. No empire can survive being rendered a permanent laughingstock, which is what happened as […]
MoreSEC Under Scrutiny in Madoff Case
Senator: The SEC “Letting Down the American People” ABC NEWS By BRIAN ROSS and RICHARD ESPOSITO Dec. 15, 2008— As the list of victims continues to grow and investigators examine how Bernard Madoff allegedly ran his massive scam, some are questioning how Madoff avoided detection for so long. As a registered investment advisor since 2006, […]
MoreMore Republicans For Obama’s Cabinet
CHICAGO, Illinois (CNN) President-elect Barack Obama has picked GOP Rep. Ray LaHood of Illinois to be his nominee for transportation secretary, two sources told CNN on Wednesday. Two Democratic sources also said Obama will tap Mary Schapiro to head the Securities and Exchange Commission. Schapiro is CEO of the Financial Industry Regulatory Authority, the largest […]
More
::Tullycast:: 