Articles tagged with: “Financial Crisis”
Govt rewarded bank auditors with big bonuses
WASHINGTON – As banks gambled on the risky mortgages that helped create the worst financial crisis in generations, the U.S. government handed out millions of ...
Come Chat With the New WH Chief of Staff, Michael Moore
When I first heard the title of Michael Moore's new movie, Capitalism: A Love Story, I laughed out loud. I already felt Michael was on ...
Goldman board rejects shareholder demands on pay
NEW YORK, March 1 - Goldman Sachs Group Inc's board has rejected several demands from shareholders that it investigate recent compensation awards, recoup excessive compensation ...
Credit crunch hits Al-Qaeda hard: experts
Al-Qaeda is running out of cash, experts say, with traditional sources of financing under increasingly tight surveillance and donors demotivated or suffering from the financial ...
Greek workers strike as government tightens belt
Athens, Greece (CNN) -- Greek workers were holding a one-day strike Wednesday to protest government efforts to stave off a financial crisis. Thousands of public-sector ...
Obama Turns To Populist Pitch To Reclaim Anti-Establishment Mantle
The White House and Congress Democrats are launching a major populist initiative in an effort to lead, rather than suffer from, the anti-Wall Street, anti-establishment ...
Mortgage ‘Cram-Down’ Amendment Fails in U.S. House
Dec. 11 (Bloomberg) -- The U.S. House rejected a mortgage “cram-down” amendment that would have given federal judges the power to lengthen mortgage terms, cut ...
Another wave of Phoenix-area foreclosures forseen
TEMPE, Ariz. — An Arizona State University professor is predicting another wave of home foreclosures early next year in the Phoenix metropolitan area.Associate Professor of ...
Future bleak for foreclosures, experts say
The home foreclosure crisis is worsening despite the Obama administration throwing billions of dollars at the problem, two local foreclosure experts said Thursday.Mark Seifert, executive ...
Michael Moore takes "Capitalism" censure to Japan
TOKYO (Reuters) - Firebrand director Michael Moore is in Japan to promote his latest documentary on the global economic meltdown, which he says should resonate ...
Bernanke Forgot About His Role In Causing the Great Recession
Ben Bernanke's column in the Washington Post has to be absolutely infuriating to anyone old enough to remember the events of 2008. In this column, ...
Kaptur Takes on Foreclosures
Before President Bush left office, Representative Marcy Kaptur visited then-Treasury Secretary Henry Paulson Jr. and presented him with a list of all of the people ...
One year later, gov't can't track TARP
CHARLOTTE, NC (WBTV) - One year ago, America's biggest banks were failing. And the government was more than willing to bail them out.We now know ...
Your choice - the film or the fundraiser?
I saw Michael Moore's new film Capitalism - A Love Story last week and readers of this blog won't be surprised I'm giving it a ...
'America's Mayor' Calls for a Moratorium on Home Foreclosures
Thursday, November 12th, on MSNBC's 'The Ed Show,' Virg Bernero, Mayor of Lansing, Michigan, calls for a moratorium on home foreclosures:ED SCHULTZ, MSNBC HOST: I ...
Report: AIG CEO ready to quit over pay constraints
NEW YORK — After just three months as head of embattled insurer American International Group, Robert Benmosche has threatened to leave his post as he ...
Millions in the United States lack access to affordable, adequate housing – UN
9 November 2009 – An independent United Nations expert has warned that the United States is an increasingly expensive place to find housing, leaving many ...
Facing a new world architecture
Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice between two fundamentally different ...
Michael Moore: Q+A
This weekend, I've been watching films at Sheffield's Doc/Fest. One of the highlights so far has been Michael Moore's Capitalism: A Love Story, which Jonathan ...
Break Up the Banks
As the battle over financial reform takes shape, it's become clear there are essentially three camps. The first, represented by the American Bankers Association, which ...
Here Come the Unions
On Tuesday morning, in Chicago, the unions came to town. It was the final day of the rolling protest dubbed The Showdown in Chicago, a ...
Protests at US bankers' convention
America's bankers may not agree on much. But on one issue, they are entirely united. They refuse to become humble whipping boys, taking the blame ...
Bankers and Their Victims
Day two of the Showdown in Chicago, a three-day-long protest against big banks, began a bit dismally for The Nation. An email from American Bankers ...
South Florida homeowners walking away from underwater mortgages
Andres Duque thought he got a real steal when he paid $125,000 for his Little Haiti condo. But four years later, similar units are selling ...
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