Wake The President

By Simon Johnson

Most days we can coast along, confident that tomorrow will be much like yesterday. On a very few days we need to look hard at the news headlines, click through to read the whole story, and then completely change a large chunk of how we thought the world worked. Today is such a day.

//www.informationclearinghouse.info/article25338.htm



Frauds And Scandals Follow The Collapse Of The Financial System

By Bob Chapman

As the world faces an ongoing sovereign debt debacle we see an attempt to defuse an oncoming scandal involving Goldman Sachs, Paulson and perhaps others.

//www.informationclearinghouse.info/article25339.htm



Carl Levin vs. Lloyd Blankfein: "How much of that shi**y deal did you sell to your clients?"

Video

Sen. Carl Levin (D-Mich.) was grilling Goldman Sachs executive Dan Sparks during a hearing by the Senate panel investigating the causes of the nation's financial crisis.

//www.informationclearinghouse.info/article25334.htm



The Big Six Banks are Shorting the American Dream

By Jerry Mazza

Financial regulators are not enough to deal with the Big Six banks, whose employees are very smart people, very hungry for financial opportunity, legit or not legit. Thus, very often regulators are sucked into large investment banks or affiliated financial institutions like the distinguished Michael Oxley, co-author of the Sarbanes Oxley Act. Oxley has joined the financial industry, along with some 124 former other members of Congress and their aides.

//www.informationclearinghouse.info/article25336.htm



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