Wednesday, March 21, 2012
The Story of Occupy Wall Street, Told by the People
"People were upset about the economy, people were upset about the foreclosure crisis, people were upset about the bailouts, and about the fact that it looked like elected officials were working for big business rather than for the people who they’re supposed to be working for," says activist Max Rameau from Take Back the Land.
Wednesday, October 5, 2011
Saturday, March 12, 2011
Thursday, March 10, 2011
Sunday, March 6, 2011
Saturday, March 5, 2011
Thursday, March 3, 2011
Tuesday, March 1, 2011
Sunday, February 20, 2011
US economics: One big Ponzi scheme
At the same time, the people investigating Madoff are making a small fortune. According to the Financial Times: "The army of lawyers and consultants helping to recover funds from Bernard Madoff's $19.6bn fraud stand to earn more than $1.3bn in fees, according to new figures that detail the cost of liquidating the huge Ponzi scheme."
The best reporting on this subject is not in the mainstream press but in a music magazine, Rolling Stone, where Matt Taibbi investigates why the whole of Wall Street is not in jail: "Financial crooks brought down the world’s economy - but the feds are doing more to protect them than to prosecute them," he charges.
Andrew Leonard asks in Salon: "Should we trust him? After all, if there is one thing we know about Bernie Madoff, it is that he is one hell of a liar. But as evidence emerges that bank executives were exchanging emails wondering about Madoff’s amazing investment record, the possibility that the banks were purposefully looking the other way is not inconceivable."