The Justice Department is investigating whether the nation’s largest credit ratings agency, Standard & Poor’s, improperly rated dozens of mortgage securities in the years leading up to the financial crisis, according to two people interviewed by the government and another briefed on such interviews.
Economist Nouriel Roubini says the risk of a global recession is greater than 50 percent, and the next two to three months will reveal the economy’s direction. In an interview with WSJ’s Simon Constable, Roubini also says he’s putting his money in cash. This is not the time to be in risky assets, he says.
The creators of Debtocracy, a documentary with two million views broadcasted from Japan to Latin America, analyze the shifting of state assets to private han...
Iceland won a landmark court case on Monday over its refusal to immediately cover the losses of British and Dutch depositors who lost money in Icesave, a failed Icelandic bank.
Roger Strassburg hatte die Gelegenheit, sich in Berlin mit James Galbraith zu unterhalten. Galbraith war kurz zuvor in Griechenland und traf sich dort mit Yanis Varoufakis und Alexis Tsipras. Seine Erfahrungen in Griechenland, die Gefahren für die Eurozone und transatlantische Missverständnisse sind Thema des Gesprächs.
The manner in which Aaron had been prosecuted offers a sharp contrast to the manner in which our legal system dealt with corporate America after the 2008 financial crisis, where there were no prosecutions of top corporate figures.
It is a sign of their wrong path that party strategists are holding onto the same identity politics they have used since the 1960s to divide Americans into hyphenated special-interest groups.
K. Busch, M. Flore, H. Kohl, and H. Schlatermund (Eds.) Pontypool, Wales, Merlin Press, (2011)Beitr. aus dem Dt. übers. Originaltitel: Europa in sozialer Schieflage.