Posts Tagged ‘ Taxpayer Expense ’

The Truth About JP Morgan’s $2 Billion Loss – Washington’s Blog

May 16, 2012

Reposted from The Truth About JP Morgan’s $2 Billion Loss – Washington’s Blog, with our thanks. On-site permission posted. Must-Read Background Before we can understand what’s really going on with JP Morgan’s loss (which will probably end up being a lot more than $2 billion), we need a little background. JP Morgan: Is the world’s largest publicly-traded...
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Geithner’s Ploy: Saving U.S. Banks at Taxpayer Expense, Once Again

By Guest Editorial

January 8, 2012

Geithner’s Ploy: Saving U.S. Banks at Taxpayer Expense, Once Again

By Michael HudsonU.S. and foreign stockmarkets continue to zigzag wildly in response to expectations about whether theeuro can survive, in the face of populations suffering under neoliberalausterity policies being imposed on Ireland, Greece, Spain, Ita...
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Has the NAR No Shame?

By Lee Adler

February 23, 2011

The National Association of Liars reported existing home sales for December today. They said that existing home sales "increased 2.7 percent to a seasonally adjusted annual rate of 5.36 million in January from a downwardly revised 5.22 million in Dec...
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Fed Doing A Helluva Job- Professional Edition

By Lee Adler

August 11, 2010

Seven or eight months ago the Fed was worrying publicly about how it was going to shrink its balance sheet because that’s what the pundits were worried about. So they started a pilot program to do tri party reverse repos with money market funds. I said at the time that the idea was laughable...
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What to Watch For

By Russ Winter

January 23, 2010

Commentary has been emerging as to what to look for if a true financial reform movement gets going to deal with the questions of gambling at taxpayer expense and restoring sanity to the financial system. There is a working paper by a group chaired by Paul Volcker that lays out most of the sounder principles....
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What to Look For

By Winter Watch

January 23, 2010

Commentary has been emerging as to what to look for if a true financial reform movement gets going to deal with the questions of gambling at taxpayer expense and restoring sanity to the financial system. There is a working paper out chaired by Paul Volcker that lays out most of the sounder principles. The...
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Conspiracy or Strong Armed Looting?

By Newswires

May 11, 2009

By CWD May 11 (Stool Pigeons Wire) What is conspiracy? Hank and Blauplunt or what ever his name is, the Chairman of GS, Timmy G and Friedman and others over a conference call to decide to make GS a bank receiving Tarp money when it became obvious that GS was broke, funneling 180 BILLION...
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