Bloomberg
The claim that it was “caused by financial fraud” is debatable, but the weight of the evidence is strongly against it. The financial crisis was accompanied by fraud, on the part of mortgage applicants as well as banks. It was caused, more nearly, ...
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Why Inflation in China Could Lead to Another Global Recession
Money Morning
China for the past few years has been a powerful engine of economic growth that's helped both emerging markets and developed nations rebound from the global financial crisis. If its economy stalls, the impact will be global. Indeed, Chinese growth is ...
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Matt Taibbi Presents 'The People vs. Goldman Sachs'
Wall Street Pit
In 2004, in an extraordinary sequence of regulatory rollbacks that helped pave the way for thefinancial crisis, the top five investment banks — Goldman, Merrill Lynch, Morgan Stanley, Lehman Brothers and Bear Stearns — persuaded the government to ...
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Third Meeting of the US-China Strategic & Economic Dialogue Joint US-China ...
MFA China (press release)
Strengthening Financial Systems and Improving Financial Supervision The two countries reaffirmed their commitment to deepen bilateral and multilateral cooperation on financial sector investmentand regulation, in order to enhance global regulation, ...
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Is Morgan Kelly right?
Irish Times
The [Kelly/Durkan] argument is that it's the ECB's problem: a lot of the money was lent to us by European banks that should have known better. I wouldn't disagree with that. I think the ECB has to do a lot more before this crisis is over. ...
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Capitalism Today: Alive and Uncertain
Jakarta Globe
As it became clear that the rescue operation was restoring confidence to the financial sector, the pricing of risk assets proved far too depressed to persist. But that is no longer the case. One popular benchmark measure of value in global stock ...
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US stocks edge higher, Europe down Asia mixed
Malaysia Star
Meanwhile AP reported from London that other stock markets fell Thursday as investors worried about the state of the global economy and whether Greece's debt crisis will hurt the rest of Europe'sfinancial sector. Fears over the state of the world ...
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