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Bear stearns Bailout's tag archives

Phil Gramm lead perp to blame for the biggest financial catastrophe of our time

Posted by Skycypher in Friday, June 6th 2008

6
Jun

Foreclosure Phil
Foreclosure Phil

NEWS: Years before Phil Gramm was a McCain campaign adviser and a lobbyist for a Swiss bank at the center of the housing credit crisis, he pulled a sly maneuver in the Senate that helped create today’s subprime meltdown.
By David Corn
May 28, 2008
Who’s to blame for the biggest financial catastrophe of our [...]

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IMF’s Global Stability Report Nightmare

Posted by Skycypher in Tuesday, April 8th 2008

8
Apr

Credit crunch costs ‘$1 trillion’

By Steve Schifferes
Economics reporter, BBC News

Mr Strauss-Kahn will head IMF talks in Washington.

The International Monetary Fund (IMF) has warned that potential losses from the credit crunch will reach $945bn (£472bn) and could be even higher.
The IMF says that losses are spreading from sub-prime mortgage assets [...]

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Elliot’s Mess: Spitzer Investigation Tied To Fed Bail Out

Posted by Skycypher in Sunday, March 16th 2008

16
Mar

From Crook and Liars
By: Nicole Belle @ 4:56 PM - PDT
At the time of Spitzer’s resignation, I blogged that something about the investigation didn’t pass the smell test, the Don Siegelman case foremost on my mind. But journalist Greg Palast has made a compelling case tying the Spitzer investigation to a different top story.
While New [...]

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