On AlterNet: derivatives

Stories, blog posts, and videos tagged as "derivatives"

How Goldman Sachs Caused a 'Silent Mass Murder,' Gambling on Starvation in the Developing World

Johann Hari, Independent UK. July 2, 2010.

How Goldman Sachs, Deutsche Bank, the traders at Merrill Lynch, and others caused the starvation of some of the poorest people in the world.

"Lure People Into That Calm and Then Just Totally F--k 'Em": How All of Us Pay for the Derivatives Market

Zach Carter, AlterNet. June 11, 2010.

Derivatives are a hotbed of abuses and bailouts. So why are taxpayers footing the bill?

Nouriel Roubini: How to Break Up the Banks, Stop Massive Bonuses, and Rein in Wall Street Greed

Zach Carter, Nouriel Roubini, AlterNet. May 18, 2010.

The prominent economist explains why the model of the financial supermarket is a disaster, and why it's so dangerous that Wall Street is back to business as usual.

Congress Should Force Big Banks to Stop Gambling With Our Money

Jane D'Arista, Gerald Epstein, AlterNet. May 10, 2010.

The derivatives business is straight gambling. Why do we let economically essential banks gamble with taxpayer money?

Congress Goes to Bat For Wall Street, Rejects Plan To Break up Banks

Zach Carter, AlterNet. May 7, 2010.

Last night, Congress shot down the most important Wall Street reform.

Dems Break GOP's Attempted Filibuster in the Senate, But Proposed Wall Street Reforms Are Pretty Flimsy

Zach Carter, AlterNet. April 29, 2010.

The good news: Democrats didn't sacrifice much to break the GOP filibuster. The bad news: the Wall Street reform bill is still too weak.

Speculating Banks Still Rule -- Ten Ways Dems and Dodd Are Failing on Financial Reform

Nomi Prins, AlterNet. April 14, 2010.

None of this is reform. We are better off with nada than vapid promises and a false sense of security.

We're Still Not Safe From the Back-Alley Dealings That Lead to Our Economic Meltdown

Lagan Sebert, delete, The Huffington Post Investigative Fund. October 8, 2009.

According to Gary Gensler, the top regulator of the commodities markets, Americans are still "vulnerable" to privately negotiated derivatives.

Moguls Steal Home While Companies Strike Out

Bill Moyers, Campaign for America's Future. September 23, 2008.

The execs who got us into our current mess are still pulling in the lucre.

Financial Weapons of Mass Destruction

Sean Gonsalves, AlterNet. September 22, 2008.

Free market ideology comes down to socialism for the rich, capitalism for everybody else.