There are plenty of lessons to be learned from MF Global, all of which we can count on Congress to ignore at the behest of Wall Street money until the next financial crisis.
While there's almost nothing B of A does that is for the people, it sure as hell is paid for by the people. Now activists are pushing to break it up before it breaks down--again.
If events turn critical again and we face a repeat risk of the seizing up of financial markets as in the fall of 2008, the president will need to make a fateful decision.
Schneiderman is the best and probably last hope for some kind of public retribution against the banksters, some righting of wrongs--rolling of heads--as far as the Great Recession.
Michael T. Klare, Tom Engelhardt, TomDispatch.com. January 23, 2011.
From now on, rising prices, powerful storms, severe droughts and floods, and other unexpected events are likely to play havoc with the fabric of global society.
Gilbert Mercier, News Junkie Post. December 15, 2010.
50 years from now historians may write about the fall of empire. But history is writing itself furiously right now, accelerated by the revolution of global freedom of information.
