Posts tagged ‘finance’

Are Big Banks Too Big to Regulate?

by , posted on Thursday, October 18th, 2012 at 4:00 pm

from The Real News Network

Michael Greenberger: If somebody understood the economic issues and explained them to the American people, you could easily be elected president by saying you’re going to put an end to the Wall Street hijinks

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The Bill Black Financial and Fraud Report

by , posted on Friday, October 5th, 2012 at 9:39 pm

from The Real News Network

Bill Black: Obama susceptible to attack by Romney because he failed to deal with systemic risk to financial system – even though Romney would be worse

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Financialization and the World Economy

by , posted on Sunday, September 30th, 2012 at 7:36 pm

from The Real News Network

Gerald Epstein, Political Economy Research Institute, and Department of Economics, University of Massachusetts, Amherst): Financialization of the economy has been developing since the late 19th century and is now at historic Levels

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Richard Wolff: Spain & Greece – Is This What Collapse Looks Like?

by , posted on Friday, September 28th, 2012 at 7:52 pm

from The Big Picture with Thom Hartmann (RT)

Richard Wolff, economist & visiting professor in the Graduate Program for International Affairs, New School University, joins Thom Hartmann. Workers in Greece went on strike Wednesday to protest another round of spending cuts under consideration by the Greek government. Public employees, teachers, medics, lawyers, and even banksters walked off their jobs and took to the streets to protest salary and pension cuts. It’s the first such strike since the new Conservative government took power in June. Yet the Greek government today unveiled it’s new austerity budget pledging to cut $11.5 billion over the next several years. So what will this latest round of cuts due to a nation that is already collapsing under the banksters demands?

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The Bill Black Financial and Fraud Report

by , posted on Friday, September 28th, 2012 at 8:07 am

from The Real News Network

London and Wall Street in a dangerous competition to create a more unregulated environment for finance

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German Economy and European Crisis

by , posted on Wednesday, September 26th, 2012 at 12:16 pm

from The Real News Network

German Left Party Vice-President Sahra Wagenknecht on wage repression in Germany and the European Stability Mechanism

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Will Obama, the Fed’s QE3 or Romney’s “Smaller Government” Create Jobs?

by , posted on Tuesday, September 25th, 2012 at 11:12 am

from The Real News Network

Leo Panitch and Sam Gindin (authors of The Making of Global Capitalism: The Political Economy of American Empire): As long as effective demand remains low and banks demand austerity to protect their assets, the crisis will deepen.

Part Two: The Crisis and Who Has the Power

Major structural change or effective short term reforms requires addressing democratic decision making starting with making banks a public utility.

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Quadrillion Dollar Derivatives Market 20 Times Global GDP

by , posted on Tuesday, September 25th, 2012 at 10:36 am

from The Real News Network

Markus Stanley (Policy Director, Americans for Financial Reform): Derivative bets not a zero sum game, have far reaching real world consequences

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Bill Black Report: Race to the Regulatory Bottom

by , posted on Thursday, September 6th, 2012 at 7:24 am

from The Real News Network

Bill Black: Wall Street wants to compete with London for lack of financial regulation,

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Bill Black Report: Majority of Wall Street Money Now Goes to Romney

by , posted on Sunday, September 2nd, 2012 at 10:21 am

from The Real News Network

Bill Black: Even though many on Wall Street understand need for regulation, most want a free-for-all and damn the consequences

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