Tag Archives: Too Big to Fail

Why We Can’t Have Nice Things

Every other industrialized nation in the world – and even most of those that aren’t – have some form of universal healthcare, to give their citizens one less thing to worry about. We don’t. We have long preferred to give … Continue reading

Posted in Fixing the Banks | Tagged , , , , , , , , , , , , , , | 1 Comment

In Lieu of a Hero

Indiana Jones and Batman, and earlier James Bond and maybe Dirty Harry – we all know our movie heroes. They get the job done and get the girl, usually. The latest Batman had a bit of a problem with that, … Continue reading

Posted in Jack Lew, Picking a Fight with Republicans, Timothy Geithner | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Defending Goblins and Vultures

One day someone will write a book on bankers in popular culture – people write books on all sorts of things after all. And a stroll through Dissertation Abstracts would probably reveal one or two densely-argued PhD dissertations on the … Continue reading

Posted in Mitt Romney, Regulation, Republican Credibility | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Deciding What the Scandal Actually Is

In a free and open and highly competitive culture like ours, where you’re a winner with all the goodies or a pathetic joke, the very worst thing is to realize big things have been happening and you had no idea … Continue reading

Posted in Bank Bailouts | Tagged , , , , , , , , , , , , , | 3 Comments

Seeing Things from the Other Side

That Occupy Wall Street thing continues, seemingly gathering momentum – which is odd for a protest with no fixed demands. But they say that is the point. The One Percent owns the country, and rules the country, and the Ninety-Nine … Continue reading

Posted in Occupy Wall Street, Populist Politics, Populist Rage | Tagged , , , , , , , , , , , , , , , | Leave a comment

The Beginning of the End of the Age of Casual Fraud

One does not usually associate high finance with high drama. Oliver Stone pulled it off in his 1987 movie Wall Street – but that relied on a script full of over-the-top one-line zingers, and on Michael Douglas, with the slicked-back … Continue reading

Posted in Economic Issues, Economic Theory, Financial Meltdown, Financial Reform, Goldman Sachs Charged With Fraud | Tagged , , , , , , , , , , , , , , | 1 Comment