Guess what lessons Wall Street learned from 2008?
Submitted by gjohnsit on Sat, 11/18/2017 - 9:09pmHedge-fund manager David Einhorn explained that the value of an answer depends on the quality of the question.
Wall Street
Wall Street still hooked on that sweet, sweet drug money
Submitted by gjohnsit on Thu, 10/19/2017 - 4:33pmAt first it was just a taste.
It was hard times, and Wall Street banks just needed a little something to get by.
Wall Street regulators completely capitulate
Submitted by gjohnsit on Wed, 10/18/2017 - 4:54pmBetween North Korean nukes and Trump's tweets, the American public hasn't been watching Wall Street. Like a good pickpocket, the idea is to distract you while they steal everything.
Except in this case, the police are telling you that they are powerless to stop the thieves.
It's Deja Vu all over again on Wall Street
Submitted by gjohnsit on Thu, 08/10/2017 - 2:34pmMark Twain once said, “History doesn’t repeat itself but it often rhymes.”
Karl Marx once said, “History repeats itself, first as tragedy, second as farce.”
Which one is right? They are both right in this case.
Life is good on Wall Street
Submitted by gjohnsit on Fri, 07/14/2017 - 10:14pmDo you want to see a headline that'll really piss you off?
I'm not talking about a Trump tweet, but something that actually matters.
The Vig On Wall Street
Submitted by gjohnsit on Thu, 03/02/2017 - 1:29pmvig (plural vigs)
Abbreviation of vigorish
(slang) A charge taken on bets, as by a bookie or gambling establishment.
What is the vig on Wall Street?
Specifically, what is the government's cut from this rigged casino?
A Tale of Two Banks
Submitted by gjohnsit on Thu, 09/22/2016 - 5:09pm“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, …”
Blackrock and Hillary Clinton
Submitted by Meteor Man on Wed, 05/11/2016 - 11:41pmDavid Dayen reporting at the Intercept on March 2nd, 2016:
BlackRock is far from a household name, but it is the largest asset management firm in the world, controlling $4.6 trillion in investor funds — about a trillion dollars more than the annual federal budget, and five times the assets of Goldman Sachs. And Larry Fink, BlackRock’s CEO, has assembled a veritable shadow government full of former Treasury Department officials at his company.
More NeoLiberal Wall Street Fuckery
Submitted by GreatLakeSailor on Fri, 04/15/2016 - 10:19amMore give-aways to Wall Street on the backs of Main Streeters. I got this email this morning. It has a link to a petition (yeah, lotta good that'll do, but it is better than nothing) that you may consider signing.
GLS,
Imagine if the federal government was helping Wall Street speculators profit off the foreclosure crisis they helped create.
Sadly, you don’t have to imagine.
Panama and WhichHillary
Submitted by Alligator Ed on Sat, 04/09/2016 - 3:44amLots of commentary has been devoted to HRC's flurry of flip-flops, one that could easily fill one of Imelda Markos's shoe closets. However, there are other questionable aspects of HRC's behavior unrelated to flip-flops. One aspect is her plan for HRC's policies on Wall Street Reform. On TOP there is an excellent pro-Hillary diary by Ollie Garchie. Unlike many anti-Hillary stories and pro-Hillary diaries "over there", the "tone" of OG's diary is laudable, factual and almost compelling.
