Wall Street cannot burn Bernie
Feb 28,2020 -JORDAN TIMES – Jeffrey D. Sachs NEW YORK – The narcissism and Panglossian cluelessness of the Wall Street elite is a marvel to behold. Sitting on their perches […]
Insider Inquiry Inching Closer to a Billionaire
Over the last half-decade, as federal authorities secured dozens of insider trading convictions against hedge fund traders, they have tried doggedly to build a case against one of Wall Street’s most influential players: the billionaire stock picker Steven A. Cohen. On Tuesday, the government appeared to inch closer to that […]
Betting with Trillions – Prison of Debt Paralyzes West
By Cordt Schnibben SPIEGEL.DE Be it the United States or the European Union, most Western countries are so highly indebted today that the markets have a greater say in their policies than the people. Why are democratic countries so pathetic when it comes to managing their money sustainably? In the […]
A Hilarious 15 Year History Of Wall Street
Source: Business Insider. It’s been a rough summer on Wall Street — the LIBOR scandal, JP Morgan’s trading loss, Knight Capital’s trading error… Must we go on? But it’s important to put all that in perspective. Compared to the last 15 years on Wall Street, this is a cake walk. […]