World-News

Tell Larry Summers, Don't Delay!

By Mary Bottari

On Wall Street, Summers will be greeted like a conquering hero. Never have so many financiers been made so rich because of the actions of one man.

http://www.informationclearinghouse.info/article26428.htm



5 Outright Illegal Scams That Should Put Wall St. Bankers Behind Bars

From laundering drug money to gouging you on overdrafts, here are five scams where Wall Street ran afoul of the law.

http://bit.ly/bfqPme


From Information Clearing House

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Wall Street wrecked the economy, not big government

Our Future Blog
by Zach Carter

09/21/10

Over at bloggingheads, my CAF colleague Bill Scher discusses the new international banking standards with Conn Carroll, a conservative blogger for The Heritage Foundation. Carroll actually agrees with a lot of what I have to say about Basel III, but I he draws conclusions from my post that overemphasize the role of regulation and ignore the insane lobbying and outright fraud that Wall Street deployed to create a crisis. The fact that Carroll and I can agree on this stuff (to an extent) shouldn?t come as a terrible shock ? Wall Street reform is about the basic functioning of the economy ? it?s not an issue that needs to ignite ideological conflict...

http://tinyurl.com/2a6q486



So long, Summers

The Nation
by Robert Scheer

09/22/10

Finally! The announced departure of Lawrence Summers as the president?s top economic adviser is welcome news. Harvard?s loss in taking back its $586,996-a-year professor and ?president emeritus,? who is also paid millions by Wall Street on the side, is the nation?s gain. Maybe now Barack Obama, who hopefully will also push out Summers?s protege, Treasury Secretary Timothy Geithner, will begin to provide an authentic populist alternative to those Tea Party Republicans who totally absolve Wall Street of responsibility for the economic collapse. But the early signs are not fully reassuring...

http://www.thenation.com/article/154956/so-long-summers


Informant: Thomas L. Knapp

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The Return of Lawrence Summers, Mr. Spectacular Failure
http://www.commondreams.org/view/2013/07/16



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://freepage.twoday.net/search?q=Larry+Summers
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Timothy+Geithner
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Treasury
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Tea+Party
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Banks
http://freepage.twoday.net/search?q=Heritage+Foundation
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mary+Bottari
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Zach+Carter
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Robert+Scheer
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Conn+Carroll
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