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47Bankers or Crooks: The Highjacking of America
The bankers or crooks, shocked the world one day in September when one of the largest investment banks in the world filed chapter 11. Lehman Brothers filing of chapter 11 kick off a series of events that would lead to the global financial crisis...
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69Triskelion Diaries Sendong Relief Operations of the Tau Gamma Phi / Tau Gamma Sigma
TRISKELION DIARIES On December 19, 2011, Brod Deo Ceniza, Velez Cebu, posted an appeal for help for the Iligan and Cagayan De Oro Sendong Flood in Triskelion Cyberspace (www.triskelions.org). It looked like a regular post for assistance and I...
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64Has the image of Investment Banking been tarnished beyond repair?
The purpose of investment banking has long been clear and it has been seen historically in many quarters as an honourable, even noble, occupation. Key amongst its remit is to assist in raising finance/capital for businesses in the markets. It has...
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71Occupy Wall Street: the Banks Cost More than Just TARP
I hope the Occupy Wall Street movement would understand that the TBTF banks cost American taxpayers a lot more than just the cost of TARP. Erin Burnett had embarrassed herself by going to the OWS site claiming that the banks had pretty much paid...
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71Quickflight: A Meeting at the Oort Cloud-Chapter Five
A Meeting At the Oort Cloud QUICKFLIGHT The DistantStar did not respond. The NightWind sections locked back together again. The TOC hailed the DistantStar once more. But, he still got nothing....
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83The Causes Of The 2008 Financial Meltdown And The Reforms Enacted - Are They Enough?
The 2008 financial meltdown was the worst economic crisis for the United States since the stock market crash of 1929 and the subsequent Great Depression. The root of the problem resided in the collapse of the housing market. There were several other...
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56Greatest Trade Ever Book Review
A review of the book the greatest trade ever by Gregory Zuckerman on the 2008 subprime financial crisis, the reasons it happened in an easy to understand narrative as well as the trades people made. (Another similar book is written by a different author called The Big Short)
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81"Inside Job," A Movie Everyone Should See
Inside Job, a "Must-see Movie The documentary takes viewers step by step through the developments, beginning with deregulation debacle in the savings and loan industry under Reagan and continuing through subsequent administrations including, importantly, the repeal under Bill Clinton of the Glass-Steagall Act which had required the separation of banking and riskier securities trading activities since 1933.
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58What caused the financial crash?
Almost every government of the major economies are urging their citizens to accept welfare cuts, job losses, pay freezes, and bundles of what are called austerity measures because of the recent catastrophic...
2 comments75Investors Need to See Mainstreet Anger in the Light of Goldman Sachs Derivatives Scandal
Apparently some of the customers of Goldman Sachs were nothing more than "widows and orphans" in their twisted perverted and immoral minds. What a bunch of disgusting individuals are the Goldman Sachs traders who can communicate with each other on...
12 comments
