Can the Goldman ponzi scheme happen again?

Greg Gordon: There is nothing that can prohibit or stop the Wall St. firms from making secret bets

Goldman's walk on subprime wild side

Goldman climbed into bed with New Century Financial Corp's unreviewed and off shore deals

Goldman left investors holding its subprime bag

Inside investment circular were the details of a secret $2 billion deal channeled through a tax haven.

How Goldman secretly bet on the U.S. housing crash

Goldman didn’t tell buyers of $40 billion in securities it was secretly betting the other way

Political Campaign Funding – A Democracy’s Dilemma

Tomorrow, the Supreme Court will hear arguments on the constitutionality of the restrictions that have been placed on corporate money in politics. The ruling may be one of the Court’s most critical decisions in an age which has seen one Presidential campaign accumulate...

Loose lips sink ships

•    Goldman gets a hidden bailout...•    Wall Street uses bailout money for bonuses...•    Cash for Clunkers...•    Nationalizing...

Government vs. Capitalism

For a generation, now, we have been accommodated with a front row seat to a rigorous and seemingly intractable advance of government into the whole of America’s social fabric, and into the institutions of its capitalist system. Today we are confronted with a wave of...

Dear Mr. President: Thanks Again For Cap And Trade

To The Office Of The President Of The United States,
 Dear Mr. Obama

 We are the heads of a few of your largest constituents, including Dow, GE and DuPont. This letter represents our sentiments in wishing to express our gratitude for your and Ms. Pelosi’s efforts on...

Bank Bail Out True Facts - Federal Reserve, Lehman Brothers Etc.

The stocks of manufacturers of Tar, Feathers, pitch forks, scythes, rope and high tree branches soared today on news that banks that failed and received Federal Bailout Money were stockholders of the US Federal...

EBay, Skype, Goldman, Morals And Principles

EBay is finally making plans to unwind itself from Meg Whitman’s appalling and astronomically expensive decision to acquire Skype. At the time of the acquisition’s announcements, the financial media, while showing surprise, did little to clarify why such a transaction...

Ten signs of insolvency

The warning signs were all there, first identified by the partner in a firm that cleaned up after the corporate excesses of the '80s, and dusted off today in Australia's Sunday Mail. " 1. A company Mercedes-Benz...

New players challenge world order

[New players challenge world order Brazil, Russia, India and China, the so-called Brics, are predicted to emerge as major world players by 2050. In this,...

Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

Goldman may be set to post first quarterly loss

" NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) could post its first ever quarterly loss as a public company in December, as market turmoil weighs on revenue for investment banking businesses and forces asset writedowns. One Wall...

U.S. warns banks that using bail-out money for pay and pensions to executives...

Glad to see this response as the elite fat bosses should not be compensated with tax payers money.     " Using bail-out money for anything other than lending - such as paying bonuses or pensions to Wall Street executives - will be a criminal offence, the...

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