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New York, 8:11 PM
Tue Nov 24
54 posts in the last 24 hours
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03/26/09
[www.prospect-magazine.co.uk]
Hmmm... David Hanger, current publisher of Prospect, came from being the Publisher and Director of the BoD at the Economist. Anatole's daughter still writes for the Economist according to sources close to the keyboard.
Now, can you provide a list (discreetly) please of the pissy London AIG thugs? And find out which one of them is hiding Cassano?
03/26/09
Here, spend an hour marinating on this after you read it:
[www.rollingstone.com]
03/26/09
03/26/09
Well, well, well, first we get the world-melting revelation and limited admission of guilt by Anatole "RoastBeef" Kerensky-France at Prospect that economists are little more than pond scum. Now this. Going on the passive aggressive offensive are we? Time for bitty?
The theorist in me always held out the hope that it was the rocket scientists that were using the criminals. It looks, however that the reverse is true. Kray twins trump Gervaise Appleton-Dunghill.
03/26/09
Salman Rushdie may not read Gawker, but Krugman sure might. Here he emphasizes my point that Anatole "RoastBeef" Kerensky-France is really a shilly hacky flack:
[krugman.blogs.nytimes.com]
03/26/09
After all, in the long run, a cratered U.S. economy will be great for the big private banking institutions. Notice how they're already floating the idea of a new "international" currency the private bankers will inevitably use to wield even greater control over the global economy.
As if they needed more... as if Goldman Sachs isn't running the show enough right now.
The U.S. Treasury is their ATM, folks.
03/26/09
Regulate better instead of thinking the free market will take care of everything. It wasn't just AIG executives and banks that got the world into this situation, it was voters.
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03/26/09
You work for AIG. an international corporation based in the United States, the government of which now owns 80% of the stock, assets, and toxic debts of your insolvent, disorganized company. If the London office would like to keep their bonuses, please contact Mr. Timothy F.Geithner in Washington D.C. and arrange to take the UK branch of AIG private. I am sure you will have no trouble raising the necessary capital so that your offices may operate independently of the corporation.
Sincerely Yours,
The torch and pitchfork brigade
Sincerely Yours,
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In Barrett's words:
Andrew Cuomo, the youngest Housing and Urban Development secretary in history, made a series of decisions between 1997 and 2001 that gave birth to the country's current crisis. He took actions that-in combination with many other factors-helped plunge Fannie and Freddie into the subprime markets without putting in place the means to monitor their increasingly risky investments. He turned the Federal Housing Administration mortgage program into a sweetheart lender with sky-high loan ceilings and no money down, and he legalized what a federal judge has branded "kickbacks" to brokers that have fueled the sale of overpriced and unsupportable loans. Three to four million families are now facing foreclosure, and Cuomo is one of the reasons why.
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