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financial crisis: Video trailer of "Inside Job", Academy Award winner for Best Documentary - 02/28/11 11:44 AM
Academy Award winning documentary on Wall Street, greed and lack of any prosecutions of the key playersFrom the New York Times
“Inside Job,” a searing piece of muckraking on the causes of the financial crisis, took home the Oscar for Best Documentary.
Charles Ferguson, the film’s outspoken director, stayed in character when he bounded up on the stage and opened up his remarks by lambasting the Wall Street crowd.
“Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by massive fraud, not a single financial executive has gone to jail, and that’s wrong,” … (2 comments)
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financial crisis: Neel Kashkari Hammered On The Hill - 11/17/08 05:56 AM
Neel Kashkari Hammered On The Hill
Neel Kashkari, www.unhostels.orgOriginally uploaded by neelkashkari Neel Kashkari Pays Paulson's Price
Serving as a proxy for Henry Paulson, Treasury Secretary, Neel Kashkari, whose title is interim assistant secretary of Treasury for financial stability faced the House Oversight and Government Reform Committee's domestic policy subcommittee on Friday.
He was there to explain the shift in policy away from purchasing toxic assets from financial institutions, to actually injecting money into those institutions while the assets remain. Further, there is some vague talk from Paulson about direct help to consumers, aka the people on Main Street.
Many … (0 comments)
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financial crisis: Let's Lose This Line: What Inning Are We In? - 10/07/08 07:54 AM
Monday, October 6, 2008
Let's Lose This Line: What Inning Are We In? What Inning Is The Financial (Mortgage) Crisis In?Nicasio Baseball ScoreboardOriginally uploaded by ed100
Over the past months I have been watching both the prognosticators and experts giving their opinion on the financial crisis, and when we would be coming out of it. The typical opinion some months back was that we were in the late innings of this "game", and that the light would soon be seen at the end of the tunnel.
Still more were positive that we might test the stock market lows set earlier … (2 comments)
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Michael Haltman
Jericho,
NY
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