Archive for April, 2010

Next Tuesday on Frontline: College Inc., "It’s a $400 billion industry fueled by taxpayer money." Finally looking at diploma mills.

Source

Is there anyone else here that doesn’t think our economy is a "fraud", that the banking system is not a "ponzi scheme", and that the finance function actually has an important role to play?

Source

Small parts business in Missouri succeeds by opening the books up to every employee, teaching core financials.

Source

A cartoon explaining the evolution of fractional reserve banking.

Source

The Goldman Sachs bribery machine is working hard in reaction to financial reform debate. $1.2 million dollars spent in PACs and lobbyists

Source

How Hedge Funds Could Crush the Banking Cartel and Keep Original Buyers in Foreclosures

Source

Willem Buiter (of Citi) Issues His Most Dire Prediction Yet: Sees "Unprecedented" Fiscal Crises, US Debt Inflation And Fed Monetization

Source

Roubini Says Rising Sovereign Debt Leads to Inflation, Defaults

Source

Greek Bailout to Be 120 billion euros now, that is $14,144 for every man, woman or child in Greece.

Source

Goldman Sachs to Face Criminal Probe by U.S. Prosecutors – Bloomberg.com

Source

Bring Down Goldman Sachs and Expose the Financial Coup

Source

Goldman Sachs perp walk? Looks like the SEC managed to stop looking at porn long enough to refer the firm to the Justice Department for possible criminal charges.

Source

Unions, community to Wells Fargo: We are not your ATM!

Source

Nouriel Roubini on the situation in Greece: “in a few days,” he said, “there might not be a eurozone for us to discuss.”

Source

Should Greece be asked to leave the EU?

<a href="submitted by reallifepixel
[link] [9 comments]” target=”_blank”>Source

Entering college in the fall and thinking of majoring in Economics. Any thoughts?

<a href="

Not much to add onto here… In AP Macro/Micro now and digging it. I’m thinking of minoring in French as well.

submitted by ShaffersMyHomie
[link] [16 comments]” target=”_blank”>Source

Veronique de Rugy: There was little financial deregulation, but don’t expect to hear it from the government.

Source

Uzbekistan – Using Eugenics to Combat Poverty since 2003

Source

Roubini Says Rising Sovereign Debt Leads to Inflation and Defaults – If Greece left the EU, then depending on what its government did to inflate, its new currency might easily be worthless leading to hyperinflation. The US, with debt it its own currency, is not remotely in the same situation.

Source

This is about the "arc of the fraud". The financial system committed fraud during the boom (liar loans and misrepresentation to customers of all kinds); fraud during the bailout ("if you ruffle our feathers, we will collapse"); and now fraud during the serious attempts at reform…

Source