"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Else how to explain that Neel Kashkari, a 35 year old protege of Paulson (former Goldman Sachs CEO), has been chosen to head the $700 billion bailout. Kashkari also used to work for Goldman, at a mere VP level and…
Here it is. The new Obama campaign video about McCain and the Keating Five, and their part in the scandal that led to the collapse of 1,000 banks – and inexorably to the present day meltdown. You can view and…
Stock markets across the planet plunged last night, and as I write this, the Dow is down another 5%. Smaller markets are really getting clobbered. The Russian stock market shut down twice today after dropping 15% in just one day.…
It’s quite a contrast, isn’t it? The financial world is now imploding due to an orgy of greed that built nothing and destroyed much. Meanwhile, the cleantech world is quietly and steadily creating the technologies that will lead to cheap…
“There is no honor among thieves” The Big Picture says, could be. Bloomberg and the Sunday Times agree and are running investigative stories about JP Morgan deliberately withholding funds from Lehman, forcing their collapse. Bloomberg is a bit circumspect, while…