EPA Proposes Stronger Standards on Gasoline and Cars to Reduce Smog March Nissan Leaf Sales Expected To Break Monthly Sales Record Indian Scientists Propose Solar Roofs For Roads WATTIO SmartHome 360 Saving You Money And Electricity At Home Gravity Energy Storage For The Electricity Grid Indonesia Launching Tender For …
Bypassing Wall Street!
by Dara Albright, Founder of NowStreet Journal Some call it a cultural phenomenon. Others label it a colossal waste of time. No matter the sentiment, all attention was on Facebook’s IPO entrance on Friday. Well, except for NASDAQ, who was too focused on repairing its malfunctioning technology, oh, and the …
Icelandic Anger Brings Debt Forgiveness in Best Recovery Story
Hat tip to our colleague Paul H. Ray! The population of Iceland did not bail out their rapacious banks and financial pirates and lo and behold, Iceland is back on track — in contrast to Greece whose leaders have capitulated. There is a lesson in here, both for the Greeks …
A sort of a shoddy investigation!
A publication by Per Kurowski I refer to the “Wall Street and the Financial Crisis: Anatomy of a Financial Collapse” report by the Senate Permanent Subcommittee on Investigations. It is a sort of shoddy investigative work. Why? On April 28, 2004 the Securities and Exchange Commission authorized the investment banks …
Stiglitz Joins Galbraith in Calling for Criminal Prosecution of Bankers
November 6, 2010 In July, James Galbraith called for the criminal prosecution of the bankers, presumably thousands, whose frauds brought about the Global Financial Collapse. He said: What to do? To restore the rule of law means first a rigorous audit of the banks and of the Federal Reserve. This …
THE FUTURE OF FINANCE: And The Theory That Underpins It, London School of Economics Press, UK, 2010
Review by Hazel Henderson. This compilation of papers by Britain’s best and brightest addresses the structural weaknesses and questions the social utility of the global financial system. These deeper issues are not addressed by the new US 843-page Dodd-Frank Wall Street Reform and Consumer Protection Act signed by President Obama. …
Lecturing Birds on Flying, by Pablo Triana, J Wiley, 2009
Review by Hazel Henderson A deeply unsettling insider account of how bogus mathematics overtook finance and was a key contributor to the financial collapse of 2008-2009 and also the 25% losses Wall Street suffered in the crash of 1987. Pablo Triana, like his fellow iconoclastic options trader Nassim Taleb who …