Federal Reserve System
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The Confidential Memo at the Heart of the Global Financial Crisis | VICE United Kingdom
The whole sorry thing is both depressing and infuriating… When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn’t believe it. The Memo confirmed every… Continue reading
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Robert Scheer: Gag Me With Lawrence Summers – Robert Scheer’s Columns – Truthdig
The idea that Barack Obama would still consider appointing Lawrence Summers to head the Federal Reserve rather than order an investigation into this former White House official’s Wall Street payments, reported Friday by The Wall Street Journal, mocks the president’s… Continue reading
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The Crisis of Finance Capitalism and the Exhaustion of Neoliberalism
The report “Changing Banking for Good” attempts to make bankers personally responsible, to reform bank governance and strengthen the powers of regulators. Some think that if the report’s recommendations are implemented, it will destroy London as a global financial center.… Continue reading
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The Return of Larry Summers?
Summers was a key actor in the Clinton economic team that pushed for bigger and less regulated banks. He was there for the repeal of Glass-Steagall. He was also among those hectoring Brooksley Born, when the then head of the… Continue reading
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