Archive for the 'Banking' Tag

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USA: Let’s play Wall Street Bailout

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A very interesting speech by Rep. Marcy Kaptur (D-Ohio) during the congress debate on the so-called Bailout (transcript below)…

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Comedy: Bird & Fortune – Subprime Crisis

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In one of their greatest sketches from this year the Long Johns describe the key concepts behind the subprime crisis. This is a few months old so they still talk about Bear Sterns as a live company.

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USA: Bailout Driven by Fear Not Fact

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Ohio congressman Dennis Kucinich suggested the $700 billion bailout package was sending America towards ‘casino socialism, where the only real product is debt.

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The Incredible Lightness of Being: Today Wall Street

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I guess there is not much that need to be said on what happened today at Wall Street. We dropped in charts of the leading stock indexes / average (DJIA & NASDAQ) for documentation.

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Bail-Out: Fallen Masters

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This is definitely our last post for a while on this topic but the video is done so well that we thought you should watch it.

Basically – in essence – what some of those responsible for the crisis might believe that will happen to them in the future. Nothing, they will just carry on enjoying your money.

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Humor: The true story behind the U.S. 700 Billion Bail-out plan

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Much has been said this week about the so-called USD 700 Billion bail-out plan for banks by the current U.S. administration and finally the right question was asked in congress yesterday – How did you arrive at that USD 700 billion number…

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