We live in an era where the line between politicians and bankers is almost non existent. Bankers work on Wall St for a few years, then go into politics. After this, they go back to banking having learned the machinations of government and how to manipulate it better. This ...read more
(I have an ON switch) Either I have just seen a great commercial for an amazing product or a terrible commercial for an awful product. Either I have seen the heralding of a new dawn in technology where the science nerds have finally delivered something worthwhile or I have ...read more
Happy Thursday! It's all going to be okay! Here's what's happening on the interweb: 1. Why Only One Top Banker Went to Jail for the Financial Crisis The New York Times did a nice feature on Kareem Serageldin, the only top banker to go to jail for the financial crisis (I assume ...read more
What the hell is Taibbi smoking? In an interview with Democracy Now!, the newly minted First Look Media editor and former Rolling Stone polemicist was asked a preposterous question, and naturally responded with a preposterous answer. The question: "Who was tougher on corporate ...read more
(Bank of England) Britain woke up to the following news today: Sir Mervyn King expressed fears that Britain is in the grip of the world's worst ever financial crisis after the Bank of England announced it was injecting £75bn into the ailing economy. The Bank's governor said the ...read more
