Tag Archives: banksters

When Do Our Bankers Get Their Scolding?

The right wing in the US likes to joke about the weakness and effeminate nature of Europeans but at least those Europeans are taking principled stances on banker bonuses and the selfish financial industry in general. On Friday, the President of the European Central Bank addressed them: Mr Trichet said financial institutions should be using […]

Dow 10,000: Who Cares?

Does anyone remember when the Dow hit 14,000 back in 2007? Those were the golden days – you could buy a house with little or no credit, unemployment was low, peoples’ credit card limits were still high, and only a few people had heard of subprime mortgages (and even less understood them). Now, the Dow […]