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55Stock Market Crashes 778 Points; Uh, Delay That. Stock Market Explodes Up 485 Points!
If ever a clearer reason existed that the Public and its elected representatives should not be stampeded into action by the machinations of the Stock Market((s), yesterday's and today's trading on the New...
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62Wall Street, Washington, and Politics
One of the better pieces of journalism I've read in quite some time was in a recent issue of Rolling Stone magazine by Matt Taibbi. I read the article in the print copy of the issue as I am a subscriber, but...
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52Bailout Passes: Dow Drops 470 Points!
The boys have broken the dike...and they know it. The Goldman Sachs Bailout Plan passes Congress, just what the "markets" have been waiting for, so the extortion talking points went. The Bailout...
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59Bailout Defeat: A Rare Win For The People
Black Hole with Mass of 18 Billion Suns Hub readers all know we live in a representative democracy wherein the elected representatives of the people are not compelled to cast votes congruent with the views of...
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68The fall of the investment banking industry. Will Goldman and Morgan survive?
Rewind backward by just a couple of years and take a look at the investment banking industry on Wall Street. Everything was humming along quite brilliantly with no apparent signs of distress. There were at...
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