Pual Krugman webpage

Paul krugman webpage

Looting: The Economic Underworld of Bankruptcy for Profit

How Did Economists Get It So Wrong?http://www.nytimes.com/2009/09/06/magazine/06Economic-t.html?pagewanted=1&_r=1

greece and the euro

lobbying banking uk regulation

http://www.bloomberg.com/apps/news?pid=20601109&sid=aj7o77H.E4z0&pos=13

lehman barclays deal

http://www.nytimes.com/2009/11/10/business/10sorkin.html?_r=1&ref=business

goldman sachs blankfein

gsachs mortgae subprime foreclosures reposessing

http://www.mcclatchydc.com/227/story/77841.html

http://www.mcclatchydc.com/227/story/77791.html

http://www.mcclatchydc.com/100/story/75720.html

lehman barclays they ripped u off

http://www.bloomberg.com/apps/news?pid=20601087&sid=aW7shrFse1PQ

england banks failure _ the reasons to avoid collaps_aftermathe

http://www.bloomberg.com/apps/news?pid=20601087&sid=afWmri7ru8QM

happy deathday lehman

http://www.nytimes.com/2009/09/13/business/13corner.html?ref=global

http://www.nytimes.com/2009/09/12/business/12charts.html?ref=global

http://www.nytimes.com/2009/09/12/business/12change.html?ref=global


http://www.nytimes.com/2009/09/13/business/economy/13econ.html?ref=global

http://www.nytimes.com/2009/09/13/business/economy/13view.html?ref=global

http://www.nytimes.com/2009/09/13/business/13unboxed.html?ref=global

http://www.nytimes.com/pages/business/global/index.html

lehman bros paulson vanity fair

henry's paulson longest night

lehman anniversary_ a post mortem

http://www.bloomberg.com/apps/news?pid=20601170&sid=aX8D5utKFuGA

busienss cycles and depressions

business cycles and depressions

imf reform

nytimes g20 imf reform

^wall street against obama, so what?

http://www.newsweek.com/id/189231?from=rss

free money and cooperatives

http://ftalphaville.ft.com/blog/2009/02/18/52550/the-wir-bank-model-or-back-to-barter/

silvio gesel

bank nationalisation

“We need to end a culture where we ignore problems until they become full-blown crises,” said Mr Obama. “Today does not mark the end of our economic troubles… but it does mark the beginning of the end.”
http://www.ft.com/cms/s/0/e310cbf6-fd4e-11dd-a103-000077b07658.html

http://boycottcnbc.blogspot.com/

CNBC , a lobby instrument for wall street bankers to lambast politicians and dismiss self criticism vis a vis their very own deeds in the aftermath of the financial crisis. the most funny bit is when they are invited to defend the bonus policy of wall street . I give for discounted that CNBC overall is crap and may actually influence you negatively. on the other hand I cannot afford bloomberg terminal. I stay tuned just for the economic news amusing myself watching the animated and straight comments of santelli, enjoying the sarcasm of leman and the seriosity of faber or the intelligence of Silvia Wadhwa . all in all I would proceed with a rating of the journalists rather than a boycott of the institution because some of them , in spite of the big conflict of interest from their spectacular remuneration, still do a good job.
PS Low down in the rating list I would definetively put maria bartimoro . despite her plastic surgery that enlarged disproportionately her already very sensual lips , she is desperately biased , overwhelmed by the glamorous mantra of wall street and the Ceos she loves to interview. Carlos Ghosn , the French of renault is her favorite and beloved one , you can see she gets aroused every time she interviews him as if she was having caviar and champagne at the same time. where is she now? davos, of course !

how to rescue the banks

ing bluprint

billions bonus and bail it out !

thain and the billions bonus



BofA axes Thain as Merrill deal sours
In Categories: M&A, Capital markets, People
Posted at 05:55 by Gwen Robinson

John Thain was ousted from Bank of America on Thursday, just three weeks after closing the sale of Merrill Lynch to BofA, in a sign of the deepening crisis around the deal. Thain, who became chief executive of Merrill 13 months ago, left BofA after a brief meeting with its chief executive, Ken Lewis, who is under pressure from shareholders for paying a premium for Merrill. Since the deal was announced Sept 15, Merrill has disclosed operating losses of $41.2bn for 2008, and BofA’s share price has fallen about 80%. Lewis believes Thain had lost the confidence of many of the combined firm’s employees and shareholders, say insiders. More FT analysis here and a profile of Thain.
See this article online.
http://ftalphaville.ft.com/blog/2009/01/23/51583/bofa-axes-thain-as-m
Behind Thain’s ousting
In Categories: Capital markets, People
Posted at 05:53 by Gwen Robinson

The sudden departure of John Thain from Bank of America, described by BofA as “mutually agreed”, came after rising tensions that followed the revelation last week of Merrill’s Q4 $15bn loss and after the FT reported Wednesday that he had accelerated Merrill Lynch’s bonus payment plan for 2008, and doled out as much as $4bn in discretionary bonuses on Dec 29, just three days before the BofA acquisition closed. Also, CNBC reported that Thain hired celebrity interior designer Michael Smith to redecorate his Merrill office a year ago and ran up a $1.22m bill, including for a $1,405 parchment waste bin and $87,000 rug.
See this article online.
http://ftalphaville.ft.com/blog/2009/01/23/51582/behind-thains-oustin

banks nationalisation, the ft is seriuos about it

http://ftalphaville.ft.com/blog/2009/01/20/51410/nationalisation-linkfest/




no future for you

watch

shoot the bankers , nationalise the banks

That is bad enough. But what most angers those running businesses, and indeed those simply trying to keep their personal finances afloat, is the mix of insouciance and venality that often describes the banks’ response to the crisis. We are told it was an act of God; or it was all the fault of the Americans; or we should blame the regulators. As for nationalisation, heaven forfend. Bankers must all be allowed to run their businesses without interference, even as they suck up public money.....

For the moment, though, I cannot think of a more popular policy than shooting the bankers and nationalising the banks. It might even win Mr Brown an election. Come to think of it, it could also be the way to get us out of this mess.

corporate america reconstruction