Economics Info

Economic News, Discussion and More

Archive for September, 2009

Why the banks want to keep students in debt

Sep 30

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New money allowed Wall Street to temporarily hide losses and pay enormous bonuses. This is a classic Ponzi scheme.

Sep 30

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US secretly tried to make deal with Goldman Sachs in wake of financial crisis

Sep 30

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FDIC paints terrifying picture of bank health

Sep 30

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Audit The Fed Hearing – J. P. Morgan insider tradings [VID]

Sep 30

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Vanity Fair Details Secret Meetings Between Government And Goldman Sachs

Sep 30

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US Dollar Weakness Across the Board

Sep 30

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Why Are We Lying to Ourselves About Our Catastrophic Economic Meltdown?

Sep 30

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Between 1973 and 1989, a government team of economists trained at the University of Chicago dismantled or decentralized the Chilean state as far as was humanly possible. Their program included privatizing welfare and social programs, deregulating the market, liberalizing trade…

Sep 30

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Option ARMs in Financial Pain: 900,000 Mortgages and 1 out of 4 either Seriously Delinquent or in Foreclosure. OCC and OTS Report Shows Foreclosures Still Growing.

Sep 30

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Volcker – "Commercial banks “lend money to businesses, I don’t want to see those banks, however, taking a lot of unnecessary risk. It’s risky enough lending money. They don’t have to do a lot of trading on speculative reasons,’’

Sep 30

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Former employee of the Federal Reserve on the IAMA subreddit. Ask away!

Sep 30

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Great Milton Friedman Interview. Classic. Is it possible to do good with other people’s money?

Sep 30

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Plenty More Bank Losses Expected Globally

Sep 30

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A Population Boom on The Economist

Sep 30

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FDIC Insurance Fund to Turn Negative in 1 1/2 HRS

Sep 30

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Too big to fail Ken Lewis (Bank of America CEO), resigns.

Sep 30

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When folks default on their Mortgage, AIG pays 2x-3x the principle of the loan to the owners of the Mortgage Backed Security associated with the mortgage (which usually includes the bank that wrote the loan).

Sep 30

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Success No Matter What

Sep 30

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The Czar Of Right: I, Mark Ames, Predicted The Financial Crisis. And You Didn’t. Ha-Ha-Ha (warning: contains lots of gloating and accurate article from 2006)

Sep 30

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