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 major shocks....
Read MoreJon has another winner. In this 10 min video, he explains all the complexities of Wall Street with an easy to understand example. The Lehman repo transactions,...
Read MoreHi all, This is my first post in Teluglobe. Though it might sound cliched, I feel privileged to be able to post in Teluglobe. Teluglobe is a great platform not only...
Read MoreFor the last few days I have been waiting for this 60 minutes piece to be aired on Sunday. When it actually aired, I missed it. I finally caught up with the video....
Read MoreTim Geithner, the guy who is in charge of IRS, once defaulted on paying taxes once. That is reason enough not to have him as the Treasury Secretary. But there is...
Read MoreThis is from ZeroHedge: ..It is, in our opinion, now beyond a reasonable doubt that Lehman’s CFO should all stand in a court of law for securities fraud...
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