…the problem that lies at the heart of the matter: a warped financial system, both in the U.S. and globally, that directs scarce capital to speculative and unproductive uses, and refuses to restructure debt once that debt has gone bad. Specifically, over the past 15 years, the global financial system… has been transformed into a…
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Another Whitewash For Wall Street
by a Wall Street Examiner • • 0 Comments
From the “So What Else Is New?” department…
January 31, 2010 “Information Clearing House” –- -Maybe “whitewash” is too harsh of a term to apply to the Financial Crisis Inquiry Commission’s (FCIC) report, but it certainly doesn’t brea…
