"Fat and Happy" The Warning The Movement Against the Banks French official says U.S. trying to inflate away debt: The United States is pumping out liquidity to try to inflate away its debt, leading to the depreciation of the U.S. dollar, Henri Guaino, a top advisor to French President Nicolas Sarkozy said on Tuesday. 3 signs of the next real estate collapse: The latest bubble is about to burst, but this time it's in the commercial market. Here's how to see it coming. 'Double bubble' means more real estate trouble: Developers face huge crunch as downturn hits office buildings, malls, hotels
How Did America Fall So Fast?
By Washington Blog
The best possible time to pillage is when your victim is at the peak of wealth. With America in a huge bubble phase of wealth and power, the Wall Street looters sucked out vast sums through fraudulent subprime loans, derivatives and securitization schemes. Continue
This is a must watch - By PBS
Michael Kirk unearths the hidden history of the nation's worst financial crisis since the Great Depression. At the center of it all he finds Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multitrillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008. Continue
By Ruth Conniff
A massive rally in Chicago next week aims to express public displeasure with the massive bank bailout outside the American Bank Association annual meeting. Continue
Friday, 23 October 2009
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