‘There is trouble again for federal mortgage backers and bailout queens Fannie Mae and Freddie Mac, whose failures helped to trigger the housing market collapse and subsequent 2008 economic crisis. The government enterprises are again […]
‘Giant financial institutions that benefitted from federal bailouts during the depths of the recession have repaid the American people’s largesse by hiding profits overseas to avoid paying their fair share of taxes. According to a […]
‘The anti-Russian ‘news’ organization Bloomberg, owned by the former Mayor of Wall Street, Michael Bloomberg, says in a March 3rd editorial about Ukraine, that “Only swift and radical debt relief can help the country out […]
For all the third-party analysis, punditry and opinions such as this one by the Irish finance minister Michael Noonan: “Their political problem is that this a reversal of their election position. There is absolutely nothing […]
‘Lloyds bank boss Antonio Horta-Osorio is poised to pocket a bonus of more than £7million after overseeing thousands of job losses. Portuguese banker Mr Horta-Osorio, 51, who has headed Lloyds since 2011, has just begun […]
‘When Christine Lagarde, managing director of the International Monetary Fund (IMF), announced Ukraine’s new, $17.5 billion bailout package Thursday morning (Feb. 12), she suggested it would be a “turning point for Ukraine,” which stands to […]
‘When Christine Lagarde, managing director of the International Monetary Fund (IMF), announced Ukraine’s new, $17.5 billion bailout package Thursday morning (Feb. 12), she suggested it would be a “turning point for Ukraine,” which stands to […]
‘When Christine Lagarde, managing director of the International Monetary Fund (IMF), announced Ukraine’s new, $17.5 billion bailout package Thursday morning (Feb. 12), she suggested it would be a “turning point for Ukraine,” which stands to […]
‘Now and again history reaches an inflection point. Statesman and mere politicians, as the case may be, find themselves confronted with fraught circumstances and stark choices. February 2015 is one such moment. For its part, […]
‘Greece’s newly-elected anti-austerity Finance Minister says his government will no longer cooperate with the troika of international lenders or seek aid extension. Yanis Varoufakis made the announcement on Friday, following a meeting with Eurogroup President […]
‘In a taste of what lies ahead, Yanis Varoufakis, the flamboyant new finance minister, said on his way to the government’s swearing-in ceremony that negotiations would not continue with the hated troika of officials representing […]