Image via Wikipedia I can’t wait to see this. My outrage is already building. Related articles Movie Trailer: Inside Job (slashfilm.com) Financial Meltdown Doc Inside Job Movie Trailer (screenhead.com)
Posts Tagged ‘Wall Street’
Inside Job: the movie
Posted: 31st August 2010 by Brant in biz, politicsTags: banks, economy, Wall Street
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Elizabeth Warren for sheriff
Posted: 21st August 2010 by Brant in politicsTags: banks, economy, Elizabeth Warren, Obama administration, Wall Street
More on Elizabeth Warrn from Joe Nocera in the New York Times. What struck me . . .was the bluntness of her language. She used words like “tricks,” “fleece,” and “bribe” to describe the actions of mortgage and credit card lenders. And I think a lot of her appeal stems from that simple fact: she [...]
I want gold
Posted: 16th August 2010 by Brant in biz, culture, funTags: banks, economy, fun, Gold, Wall Street
Political quote of the day (updated)
Posted: 1st August 2010 by Brant in biz, politicsTags: deficit, economy, republicans, taxes, Wall Street
If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing. The nation’s public debt — if honestly reckoned to include municipal bonds and the $7 trillion of new deficits baked into the cake through 2015 — will soon [...]
True financial genius
Posted: 27th July 2010 by Brant in biz, politicsTags: banks, economy, fun, Wall Street
Excess bonuses found by pay czar
Posted: 23rd July 2010 by Brant in biz, politicsTags: banks, economy, Wall Street
This is hardly a surprise, but Federal government has determined that huge and excessive bonuses were paid on Wall Street leading up to the economic collapse that continues the hurt the average American today. The bailout of these banks was a gigantic transfer of wealth from main street to Wall Street, and virtually a form [...]
Economic quote of the day
Posted: 3rd July 2010 by Brant in biz, politicsTags: banks, economy, Wall Street
The only single American event in history that even comes close to matching the cost of the credit crisis is World War II: Original Cost: $288 billion, Inflation Adjusted Cost: $3.6 trillion The $4.6165 trillion dollars committed so far is about a trillion dollars ($979 billion dollars) greater than the entire cost of World War [...]
Bring back debtor prisons
Posted: 27th June 2010 by Brant in biz, politicsTags: banks, economy, republicans, wackos, Wall Street
Oh yeah, that’s the ticket. But only if we start with the bankers on Wall Street who required a government bailout to pay their debts. (via Balloon Juice)
BP not as bad GS
Posted: 13th June 2010 by Brant in biz, cultureTags: advertising, banks, BP, economy, environment, Goldman, polls, Wall Street
Check it out.
Taibbi on the SEC charges against Goldman
Posted: 30th April 2010 by Brant in biz, culture, politicsTags: Ayn Rand, Goldman, Taibbi, Wall Street
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Matt Taibbi is back with a piece in The Smirking Chimp. This time he is writing about the underlying attitude at Goldman. Even if he stands to make a buck at it, even your average used-car salesman won’t sell some working father a car with wobbly brakes, then buy life insurance policies on that customer [...]
Goldman watches out for clients
Posted: 28th April 2010 by Brant in biz, cultureTags: Goldman, Wall Street
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This speaks for itself.
Ben Stein on Goldman Sachs
Posted: 26th April 2010 by Brant in politicsTags: Ben Stein, economy, fraud, Goldman, Wall Street
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I always loved reading Ben Stein’s column in the New York Times. Unfortunately, he was dropped by the Times a couple of years ago. Fortunately, he continues to write, now for Bloomberg. Check out his take on the Goldman fraud case. If Goldman can make money by creating a scam synthetic security, as the SEC’s [...]
Greed quote of the day
Posted: 25th April 2010 by Brant in biz, politicsTags: Blankfein, Goldman, Wall Street
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Of course we didn’t dodge the mortgage mess. We lost money, then made more than we lost because of shorts. – Goldman Sachs CEO Lloyd C. Blankfein, from a November, 2007, email, quoted in the New York Times. One of their defenses to the current SEC charges is that they lost money on mortgage investments, [...]
Matt Taibbi on Goldman Sachs
Posted: 20th April 2010 by Brant in politicsTags: banks, Goldman, Taibbi, Wall Street
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Wall Street quote of the day (updated)
Posted: 16th April 2010 by Brant in bizTags: banks, economy, Goldman, Wall Street
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The SEC’s charges are completely unfounded in law and fact and we will vigorously contest them and defend the firm and its reputation. – Goldman Sachs, in response to a civil lawsuit filed by the SEC against Goldman alleging that Goldman engaged in fraud. My reaction: stunned, of course. Who could believe that fraud was [...]