In a first major policy announcement, the newly elected president of Kazakhstan Kassym-Jomart Tokayev said he will write off bad…
Browsing: Bailout
A former Federal Reserve employee responsible for managing the agency’s quantitative easing program has written an op-ed apologizing for what…
By Nick Miller ”Very bad, very, very bad,” says 65-year-old John Demetriou, rubbing tears from his lined face with thick…
By Mark Thompson A planned tax on Cyprus bank depositors as part of a European Union bailout is sending people…
Gretchen Morgenson NY Times […] That the New York Fed would shower favors on a big financial institution may not…
By Ethan A. Huff (NaturalNews) After unloading tens of millions of dollars to defeat the historic California Proposition 37 to…
By Tim Dickinson Mitt Romney likes to say he won’t “apologize” for his success in business. But what he never…
The US Justice Department has said it will not prosecute Wall Street firm Goldman Sachs or its employees in a financial fraud…
By Alex Newman Thenewamerican GOP leadership in the House of Representatives announced that legislation to thoroughly audit the secretive Federal Reserve, a…
By Simon Johnson Huffington Post In every economic crisis there comes a moment of clarity. In Europe soon, millions of…
Trading in shares in Spain’s Bankia has been suspended in Madrid. It asked for them to be suspended ahead of…
Last weekend we suggested SD readers that our sources had informed us that JPMorgan’s derivatives losses sustained by their CIO…
By Bill McMorris General Motors has funneled more than $1 million to two powerhouse Democratic lobbyists since the taxpayers rescued…
“Fitch has upgraded the country to investment grade BBB – with stable outlook, expecting government debt to peak at 100pc…
By News-Pano The battle of wills between Athens and its eurozone lenders has intensified, with Greece’s finance minister accusing “forces…
By Simone Foxman Business Insider Negotiations between Greece and its creditors about the terms of an orderly Greek restructuring appear…
BBC News Greece may have to leave the eurozone if it fails to secure its latest bailout from the EU,…
By Bruno Waterfield Telegraph News Officials from both euro and non-euro countries said Britain should not ask for help if…