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avivajazz  jazzaviva

Public Rebuke of Culture at Goldman Opens Debate - NYTimes.com - 0 views

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    "Until early Wednesday morning, Greg Smith was a largely anonymous 33-year-old midlevel executive at Goldman Sachs in London. Now everyone at the firm - and on Wall Street - knows his name. Mr. Smith resigned in an e-mail message to his bosses at 6:40 a.m. London time, laying out concerns that Goldman's culture had gone haywire, putting its own interests ahead of its clients."
avivajazz  jazzaviva

A Real-Market Alternative for a New Economy by David Korten - 0 views

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    "Our current economic choice is not between capitalism and communism. It is between locally accountable Main Street markets and Wall Street central planning by predatory global financiers."
avivajazz  jazzaviva

Good Debt vs. Bad Debt: Understanding our Debt Economy by David Korten - 0 views

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    "Is using debt to create money a bad idea? It depends on where the money goes. "
avivajazz  jazzaviva

The Next Financial Crisis | The New Republic - 0 views

  • Fed may well have mitigated our current crisis by sowing the seeds for the next one.
  • Bernanke is a prisoner of a financial system with serious built-in flaws.
  • Banking was once a dangerous profession. In Britain, for instance, bankers faced “unlimited liability”
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    Fed may well have mitigated our current crisis by sowing the seeds for the next one.
avivajazz  jazzaviva

Cleansing the Temple | The American Prospect - 0 views

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    Can financial reforms straighten out one of America's most byzantine institutions, the Federal Reserve?
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