Category Credit crisis

Let the Dow die

(Astromario image: Pink Floyd Wish You Were Here album cover.) My friend Sharif Abdullah argues that the financial markets– the “red market”– is overrated.  It’s neither the largest nor is it the most important of the five markets he identifies.…

Feeling fleeced yet?

Neatorama has a t-shirt for you As for that $700 billion, it’s sitting in the bank’s coffers. What, you thought the banks would do something even vaguely socially responsible by lending and trying to get the economy moving again? Silly…