Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.

August 20 2012

surveyork
19:33
BANKING CRISIS NOW ONE OF SOLVENCY NOT LIQUIDITY SAYS BANK OF ENGLAND GOVERNOR
Cable Viewer

July 12 2012

surveyork
12:23

The European Commission, European Parliament and Member States:

As citizens concerned about the wave of banking crises that are affecting our economies and our livelihoods, we call on you to take action to ensure that bankers are held responsible. This can only be done by introducing strong legislation against market abuse, including criminal sanctions for bankers who ride roughshod over regulations or break our laws.

May 16 2012

surveyork
23:10
So, for example, Fed Chairman Alan Greenspan, at the time when he was still "Saint Alan" - hailed by the economics profession as one of the greatest economists of all time (this was before the crash for which he was substantially responsible) - was testifying to Congress in the Clinton years, and he explained the wonders of the great economy that he was supervising. He said a lot of its success was based substantially on what he called "growing worker insecurity". If working people are insecure, if they're part of the precariat, living precarious existences, they're not going to make demands, they're not going to try to get better wages, they won't get improved benefits. We can kick 'em out, if we don't need 'em. And that's what's called a "healthy" economy, technically speaking. And he was highly praised for this, greatly admired.

April 02 2012

surveyork
21:35
The bond markets are punishing Spain unjustifiably
The Global Intelligence Files - RE: FOR COMMENT: A BAILOUT FOR SPAIN, BUT NOT TODAY
Older posts are this way If this message doesn't go away, click anywhere on the page to continue loading posts.
Could not load more posts
Maybe Soup is currently being updated? I'll try again automatically in a few seconds...
Just a second, loading more posts...
You've reached the end.

Don't be the product, buy the product!

Schweinderl