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Levy Rivers

The Quiet Coup - The Atlantic (May 2009) - 0 views

  • Even leaving aside fairness to taxpayers, the government’s velvet-glove approach with the banks is deeply troubling, for one simple reason: it is inadequate to change the behavior of a financial sector accustomed to doing business on its own terms, at a time when that behavior must change.
Levy Rivers

The Quiet Coup - The Atlantic (May 2009) - 0 views

  • Typically, these countries are in a desperate economic situation for one simple reason—the powerful elites within them overreached in good times and took too many risks
  • As masters of their mini-universe, these people make some investments that clearly benefit the broader economy, but they also start making bigger and riskier bets. They reckon—correctly, in most cases—that their political connections will allow them to push onto the government any substantial problems that arise.
hopemonger 2008

HRC Colombia ties don't stop with Penn - Eamon Javers - Politico.com - 0 views

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    Mark Penn isn't the only Hillary Rodham Clinton supporter on the wrong side of the Colombia trade agreement. The Democratic-leaning advocacy firm the Glover Park Group, former home to Clinton campaign spokesman Howard Wolfson, signed a $40,000 per month contract with the government of Colombia in April of 2007 to promote the very agreement that Clinton now rails against on the presidential campaign trail. That means Glover Park Group was arguing the same position on the free trade agreement as has Penn, the contentious Clinton strategist and Burson-Marsteller chief executive who lost his campaign job over the weekend after The Wall Street Journal revealed that he'd met with Colombian officials to plot strategy on the pact.
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