Posts filed under “Bailouts”

The Greek Economy: Which Way Forward?

Category: Bailouts, Think Tank

Super Mario Delivers

Mr Draghi (Super Mario) delivered yesterday, despite the leaks which virtually gave away the details of his announcement ahead of the press conference. The EZ Central Banks (coordinated by the ECB), together with the ECB is to buy E60bn of government, ABS’s, covered bonds and agency debt, per month, commencing March 2015 up to at…Read More

Category: Bailouts, Federal Reserve, Think Tank

Finally the details . . .

The ECB said the combined monthly purchases which includes ABS and covered bonds and now include sovereign and agency bonds will total 60b euros per month and will continue to do so “until we see sustained inflation improvement.” The ratio will be based on the capital key where about half is made up of Germany,…Read More

Category: Bailouts, Federal Reserve, Think Tank

Category: Bailouts, Federal Reserve, Regulation, Think Tank

Financial Stability and Central Bank Governance

Category: Bailouts, Federal Reserve, Think Tank

The Truth About Bailouts, the Economy and Stock Markets

I sat down wiht the folks from Epic Times to talk about, well, everything:

Read More

Category: Bailouts, Media, Video

Big Banks Manipulate Physical MarketsPrices

Giant Banks Take Over Real Economy As Well As Financial System … Enabling Manipulation On a Vast Scale Top economists, financial experts and bankers say that the big banks are too large … and their very size is threatening the economy.  They say we need to break up the big banks to stabilize the economy. …Read More

Category: Bailouts, Legal, Think Tank

TDS: Lawsuits of the Rich and Shameless

Former AIG Chairman and CEO Hank Greenberg sues the U.S. government, claiming that the terms of the company’s $184 billion bailout were insufficient and unfair.

TDS 9:58

Category: Bailouts, Humor, Video

How Credit Came to Rule – and Ruin – Our Economy

On this day 56 years ago, the U.S. economy began to undergo a momentous change. It was Oct. 1, 1958, and the company known best for its Travelers Cheques introduced a new product: The charge card. Although American Express technically wasn’t the first company to introduce a charge card, it was the first to make…Read More

Category: Bailouts, Consumer Spending, Credit, Cycles

Big Banks Manipulated $21 Trillion Dollar Market for Credit Default Swaps

  Derivatives Are Manipulated Runaway derivatives – especially credit default swaps (CDS) – were one of the main causes of the 2008 financial crisis. Congress never fixed the problem, and actually made it worse. The big banks have long manipulated derivatives … a $1,200 Trillion Dollar market. Indeed, many trillions of dollars of derivatives are…Read More

Category: Bailouts, Legal, Think Tank