The Financial Crisis and the Failure of the Modern Economy (tags)
The US government debt shot up from 2.9% in 2007 to 5.9% in 2008 and 11.9% in 2009. At the summits of Washington, London and Pittsburg, the goat was made the gardener. Ineffective rules were resolved that hardly helped regulate the financial markets.
A World Full of Super-Bubbles: Ben Bernanke (tags)
In the last months, Ben Bernanke has emerged as a problem-intensifier, not a problem-solver. The man who flooded the world with cheap dollars faces the waste-heap of a sinking ship making the Titanic seem like a little rowing boat.
VIDEO: Same old sheriff on Wall St. (tags)
This realnews.com report is from June 24, 2009.
Rating Agencies and Prophets (tags)
Some think rating agencies inevitably take the side of their patrons - to the burden of those who buy these "financial products" in good faith in the objective judgment of the auditors. Of course, the agencies refuse liability.