On AlterNet: financial crisis

Stories, blog posts, and videos tagged as "financial crisis"

Romney’s Lead Economist Urges Policies That Will Cause the Next Financial Crisis

William K. Black, New Economic Perspectives. April 16, 2012.

Economists who apologize for elite fraud and support the wreckage of our financial system should be driven out of the public sphere.

Heroine With a Thousand Faces: The Rise of the Female Savior

Lynn Parramore, AlterNet. April 8, 2012.

Male hero figures abound in our culture. But in a time of economic turmoil, they just don’t seem to be getting the job done.

America's ‘Inexcusable’ Indifference to Extreme Poverty -- Frances Fox Piven Speaks

Lauren Feeney, BillMoyers.com. March 15, 2012.

An interview with Frances Fox Piven, a political scientist and activist whose writings on poverty, welfare rights, and protest movements have infuriated the Right.

Spitzer: Romney is Collapsing Because His Economic Arguments Are Failing

Eliot Spitzer, Slate. February 21, 2012.

With the economic argument failing, the Republican Party is searching for another argument. Hence the rise of Santorum.

Does Obama Deserve Credit for Avoiding the Second Great Depression?

Dean Baker, The Guardian. February 21, 2012.

The Obama Administration, working with Ben Bernanke at the Fed, deserves credit for preventing a financial meltdown. But a second Great Depression was never in the cards.

Bill Moyers: 6 Movies You Have to See About the Financial Crisis

Bill Moyers, Moyers & Company. February 2, 2012.

Here are some important movies and documentaries that try to make sense of the financial collapse.

5 Ways Americans Are Surviving the Great Recession

Joshua Holland, AlterNet. July 24, 2011.

Being a resourceful people, Americans are adapting to their new economic situation in a variety of ways.

9 Signs That We May Be Living Through Another Depression

Joshua Holland, AlterNet. June 1, 2011.

Three in 10 Americans say we're living through another depression -- are they right?

7 Ways Hedge Funds Lie, Cheat and Steal

Les Leopold, AlterNet. May 11, 2011.

The billionaire head of the Galleon hedge fund was found guilty of 14 counts of securities fraud and conspiracy, but he's not just an isolated "bad apple."

How Wall Street Thieves, Led by Goldman Sachs, Took Down the Global Economy -- Their Outsized Influence Must be Stopped

Les Leopold, AlterNet. April 25, 2011.

If we don't bust up Big Finance, there soon will be another financial crisis that will destroy what's left of our middle-class way of life.

As Wall Street Strong-Arms Consumers, Will WikiLeaks Bring One of the Biggest Banks To Its Knees?

Joshua Holland, AlterNet. December 22, 2010.

The banks have been going after their critics, but one big Wall Street player may meet its match in the coming weeks.

Are We a Kleptocracy and What Does That Mean Anyway?

Ismael Hossein-zadeh, William Astore, Counterpunch and Tomdispatch.com. September 2, 2010.

Two articles consider what the real economic patterns we face are, and whether the big process we're undergoing is basically just a massive transfer of wealth.

Elizabeth Warren Uncovered What the Govt. Did to 'Rescue' AIG, and It Ain't Pretty

William Greider, The Nation. August 9, 2010.

The government’s $182 billion bailout of insurance giant AIG should be seen as the Rosetta Stone for understanding the financial crisis and its costly aftermath.

Incompetent Russian Spies Get Speedy Justice, While Wall St. Criminals Face No Consequences

Danny Schechter, AlterNet. July 12, 2010.

Our government can sort out international espionage affairs in the blink of an eye. So where's the justice for our financial criminals?

"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?

Why Banks Try to Make Borrowers Feel Like Sinners When They Can't Pay off Their Mortgages

Zach Carter, AlterNet. June 5, 2010.

Crazy views about homeownership are helping the very bankers who screwed us in the first place.

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?

Robert Reich: The (Almost) Crash of Wall Street

Robert Reich, Robert Reich's Blog. May 9, 2010.

The questions of the day are: What happened? And what does it mean?

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.

Don't Fix Wall Street, Create a New Economy

David Korten, YES! Magazine. May 6, 2010.

Congress shouldn't tweak the greed-driven Wall Street machine, it should create a new financial system that answers to communities.

Break up the Big Banks and End the Oligarchy on Wall Street

Simon Johnson, The Baseline Scenario. May 5, 2010.

We are living in a Wall Street oligarchy if Congress won't allow a vote on breaking up the banks.

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.

Robert Reich: Here's What Real Wall Street Reform Should Look Like

Robert Reich, Robert Reich's Blog. April 27, 2010.

Dems are making a final push for Wall Street reform -- this is what citizens should be asking for.

Larry Summers Is Lying About Big Banks

William Greider, The Nation. April 26, 2010.

Liar, liar, pants on fire.

Enough With 'Bipartisan Consensus' Already -- Ignore the Republicans and Reform Wall St.

Robert Kuttner, AlterNet. April 24, 2010.

If the Senate Democratic Leadership can resist the snake oil of a bipartisan deal, the bill will probably get stronger as it works its way through Congress.