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Time’s panegyric to the City of London is beyond parody

September 29th, 2011 It’s incredible how some journalists got it so wrong about the City of London just prior to the crash of 2007-09. In January 2007 Time Magazine’s Adam Smith wrote an unctuous...

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James K Galbraith: Wall Street so riddled with fraud, it’s beyond repair

October 3rd, 2011 So it was endemic fraud and the collapse of the rule of law—not global imbalances or government and regulatory failure—that destroyed the financial system. In a keynote speech given...

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Slowly but surely the media are waking up to Occupy Wall Street

October 8th, 2011 How well or badly has the mainstream media done with its Occupy Wall Street coverage? In my view they started out very poorly, with attempts to mock and belittle the protesters from...

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Chris Hedges on “The Alyona Show”

October 8th, 2011 Pullitzer prize-winning war correspondent and author Chris Hedges last week spoke to RT’s Washington correspondent Alyona Minkovski to give his views on the fast-growing Occupy Wall...

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The dukes and earls in America’s great tower of bullshit start to blink

By Ian Fraser Published: QFINANCE Date: October 20th, 2011 There may be a good few Maoists, Trotskyists, Anarcho-Syndicalists and even the odd deluded benefit scrounger among them, but it is simply...

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How Wall Street used complexity to deceive sophisticated investors

December 17th, 2011 By Brett Sherman Is it reasonable to believe that Wall Street used complexity as a tool to dupe even sophisticated investors as to the quality of bonds backed by non-conforming...

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The Case for a Financial WikiLeaks

By Brett Scott May 15th, 2012 (edited May 16th, 2012) The greatest barriers to financial whistleblowing are social and economic, not legal. Fear of being shunned by colleagues, passed over for...

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Michael Hudson: how finance capital leads to debt servitude

October 19th, 2012 This edited transcript is expanded from a live phone interview with Michael Hudson by Dimitris Yannopoulos for Athens News. It summarizes some of the major themes from Hudson’s new...

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Fiscal cliff looms large for all of us

By Ian Fraser Published: Sunday Herald Date: November 11th, 2012 Stability of leadership has been confirmed in the US and China – now they need stability in their economies, or the world will suffer....

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Bill Black: We’ve given bankers a licence to defraud

February 7th, 2015 As a U.S. Federal litigator, Bill Black had a pivotal role in ensuring that hundreds of the bankers behind the U.S. savings and loan crisis of the late 1980s were put behind bars....

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