FTR #675 Interview with Lucy Komisar: No Such Thing as a Free Lunch
Food Services Giant Sodexo’s scams cost taxpayers, school children big bucks; Timothy Geithner ignored U.S. Treasury bonds naked short selling; Swiss Banks joining AIG in offshore machinations.
FTR #671 Update on the Meltdown, Part 4: Germany, the Underground Reich and the Global Financial Crisis
German fiscal policy the the 1920’s and ’30’s partly responsible for the Great Depression? Similar policies in the 1990’s and later responsible for the global financial crisis? The Underground Reich?
FTR #670 Update on the Meltdown, Part 3: Top Banana Republic
U.S. is beset by the same structural economic and political problems as Emerging Market countries; Will the “Top Banana Republic” pull through? Or will we bring the rest of the world down?
Political establishment trashed consumer protections — and look what we got
by David SirotaSan Francisco Chronicle
Please, forgive me for saying it. I know it’s a tad annoying, but it has to be said to America’s ruling class in this humble column space. Because if it’s not said here, then you can bet it won’t be said anywhere else, and it needs to be said somewhere on [...]
Repost: FTR #531 Interview with Lucy Komisar about Offshore
Insurance giant AIG’s prolific use of offshore scams, captive reinsurance, illegal gambits and operations, aided by high-level gov’t officials and legislators.
Partying Like It’s 1929
by Paul KrugmanTHE NEW YORK TIMES
If Ben Bernanke manages to save the financial system from collapse, he will — rightly — be praised for his heroic efforts.
But what we should be asking is: How did we get here?
Why does the financial system need salvation?
Why do mild-mannered economists have to become superheroes?
The answer, at a fundamental level, is [...]
Forget Spitzer, fire Bernanke
by Chan AkyaAsia TimesThere must be something about men achieving power that exposes them to frequent misuses of authority. In particular, infidelity seems a particular curse for the powerful across the world. This week’s events involving the governor of New York, Eliot Spitzer, may however have helped to hide a more egregious misuse of authority, [...]
FTR #589 Interview with Lucy Komisar About the BCCI
Investigative journalist Lucy Komisar’s chapter on BCCI in a new book “A Game as Old as Empire.”
FTR #531 Interview with Lucy Komisar about Offshore
Analysis and discussion of insurance giant AIG and its prolific use of “offshore” scams, AIG’s pioneering development of “captive” reinsurance companies to launder profits and evade taxes, AIG’s Coral Reinsurance, illegal gambits and operations have been aided by powerful and influential people.
FTR #458 Interview with Lucy Komisar about Offshore Banking
Clearstream network and offshore banking.
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