Sex Scandal in the Middle of the Goldman Fraud Case?
His name is Fabrice Toure. He is in the central figure in the Government’s fraud case against Goldman Sachs. He was only 27 when Goldman…
Economy
His Cure is Worse than the Disease
I think Senator Dodd’s bill on Financial Reform is no-good, very-bad, ugly bill! I have been investing/trading stocks and options (derivatives) for nearly 20 years….
United States of Communist America
At the time of the founding of the United States, European countries were suffering under crippling government regulation. Founding fathers of the United States, in…
World Economy At Cross Roads
Adam Smith and Karl Marx are two thinkers that shaped the post-monarchical political framework for the societies. More on these origins later… [Edited inset: I…
“Not My Fault”
President Clinton chimed in about his administration’s failure to regulate derivatives and restrain Wall Street’s reckless behavior. In that video bit, he essentially said, “It…
Chinese Consumer Electronic Factory Conditions
Folks familiar with electronics and tech news probably don’t see this as a surprise. We have heard Chinese factory worker committing suicide for leaking Apple…
Is a regulation-free market practical ? A discussion
I’ve been listening to MMGL for a little while now and once heard a conversation between Mohan garu and Chakravarthy garu, on the show where…
Greenspan on the Hill: “Don’t Blame Me” (Again)
Greenspud was on the hill today and tried to distance himself from any responsibility for helping the banks rob you in the broad daylight.[Via NY…
Ratigan: “The Greatest Con Job” (Must Watch)
Dylan Ratigan gave a 6 1/2 min summary of how banks pocketed $121 bil of your money in bonuses from 2000-2006. He compared the banks…
A MUST Watch Interview – Bill Back
“The best way to rob a country is to own a bank.” A big bank. William Black explains the thievery of Wall Street in simple…
Goldman: Don’t Blame Us
“When it comes to its role in the financial crisis, Goldman Sachs has a message for the world: Not guilty. Not one bit.” Here is…
Devil Reciting Bible Verses
Tax evader and Treasury Secretary Geithner is singing “I understand your pain” mantra. దెయ్యాలు వేద మంత్రాలు వల్లించడం అంటే ఇదే. Take a look. Visit msnbc.com for…
Do Leeches Produce Blood?
Now, try to take this image out your mind. This is how I see these banks in their current form. My question is, do leeches…
Enemies from Within
Unless there is a meaningful reform which curbs the influence of the financial sector on the economy and politics, the economy will remain vulnerable to…
Who’s Responsible for the Economic Crisis ?
Hi all, This is my first post in Teluglobe. Though it might sound cliched, I feel privileged to be able to post in Teluglobe. Teluglobe …