From Crisis to Crisis?

Writing for France's business paper, Les Echos, editorialist Roger de Weck explains how the world's great banks continue to violate the most elementary rules of banking and suggests who will pay for their failures - and those of the bank regulatory authorities.

//www.truthout.org/docs_2006/050808G.shtml



A Return to the 1970s?

Charles R. Morris reports for The Washington Independent: "The press release announcing the Federal Reserve Bank's latest interest rate reduction on April 30 had the ominous sentence, 'uncertainty about the inflation outlook remains high.' That is an unusual warning in a period of anemic growth. For anyone who can remember back 30 years, it stirs deep-seated fears."

//www.truthout.org/docs_2006/050808H.shtml



//freepage.twoday.net/search?q=Federal+Reserve
//freepage.twoday.net/search?q=interest+rate
//freepage.twoday.net/search?q=Charles+R.+Morris

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