Interviewed in prison, Bernie Madoff asserted that banks and hedge funds were “complicit” in his elaborate fraud. Diana Henriques, writing in the NY Times, 2/15/11, (here) said ”Madoff described as ‘willful blindness’ their failure to examine discrepancies between his regulatory filings and other information,” Quoting Madoff, “They had to know. But the attitude was sort of, [...]
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Banking,
Bernie Madoff,
Credit Default Swaps,
Economy,
Financial Crisis,
Fox Guard Henhouse,
Self-Regulation,
Tea Party
President Kennedy once said “Politics is the only game that matters.” It’s winner take all, and the winner decides how your money is spent. President Clinton used to say “It’s the economy, stupid.” This still applies. Neither the President nor the Congress was focused on putting Americans back to work. They need to re-read Keynes, [...]
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Andrew Cuomo,
California,
Campaign Finance,
Climate Change,
Economy,
Elections,
Harry Reid,
New York,
Tea Party
There’s a lot in these articles, and a lot to read between the lines in these articles from the New York Times – Business Section. (Between the Lines Concept 1 sherlock holmes filme – the Business Section, not the Science section.) From E.U. Plan to Curb Carbon Dioxide Would Favor Solar Power By James Kanter. [...]
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CCS,
Climate Change,
Coal Ash,
Economy,
Kingston TN,
Recession