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We Have A New Look
Welcome to our new look. Both Larry and I are working hard to improve the user experience visitors have on our site. Look for new changes in our sidebars and elsewhere. We also have a new YouTube page where we will be posting more videos. Thank you to everyone who participated in our polls. We will be keeping all the new polls on the Events page if you are wondering where they went. - RobertM
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December 17, 2009
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Latin lesson: quid pro quo
ReplyDeleteDecember 18, 2009
Amidst fading hopes for real reform on issues ranging from high finance to health care, economist Robert Kuttner and journalist Matt Taibbi join Bill Moyers to discuss Wall Street's power over the federal government
http://tinyurl.com/yavcauk
OpEd on AIG: Show Us the E-Mail
ReplyDeleteThe three of us, as experienced investigators and prosecutors of financial fraud, cannot answer these questions now. But we know where the answers are. They are in the trove of e-mail messages still backed up on A.I.G. servers, as well as in the key internal accounting documents and financial models generated by A.I.G. during the past decade. Before releasing its regulatory clutches, the government should insist that the company immediately make these materials public. By putting the evidence online, the government could establish a new form of “open source” investigation.
Perhaps A.I.G.’s employees would also be judged not guilty. But we would like to see the record to find out. As fraud investigators, we would like to examine the trading patterns of A.I.G.’s financial products division, and its communications with Goldman Sachs and other bank counterparties who benefited from the bailout. We would like to understand whether the leaders of A.I.G. understood that they were approaching a financial Armageddon, and whether they alerted their counterparties, regulators and shareholders to the impending calamity.
http://tinyurl.com/yejcven
Wake up and
ReplyDeleteWatch:
Elizabeth Warren Named 'Bostonian Of The Year'
It's the year end so we're getting more of these made public. This honor at least was heartily deserved. A feisty (yet polite) graceful, academic-civil servant who effectively utilized the only weapon she was handed (in fact, 'not handed') by Congress: the media bully pulpit. She was given a grand title and little else. The rest was pure moxie.
http://tinyurl.com/yjzejrg