Minsky to Bernanke: "Size Matters!"
By Mike Whitney
Now that the economy is no longer on steroids, the financial system needs to be downsized.Continue
British banks set for sell-offs: Britain has ordered two state-rescued banks to sell off branches and meet new "tough" requirements in an effort to to promote competition and appease EU authorities.
Citigroup, Bank Of America Among Companies Hoarding Cash: The Wall Street Journal reports this morning that, in response to the financial crisis, U.S. companies are hoarding more cash than they have in the last 40 years.
We only have months, not years, to save civilisation from climate change: International agreements take too long, we need a swift mobilisation not seen since the second world war
Posts
