Showing results by theme : Global Financial Crisis

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The Forecast: Winter of Discontent, Chance of an American Spring
posted by Bill Becker  on September 21, 2011

When House Speakers John Boehner said last week that his relationship with President Obama is like a conversation between "people from two different planets", he identified a disconnect that extends well beyond the House and the White House.
We are two Americas headed for collision. New York Mayor Michael Bloomberg touched upon it with his recent warning about the rising frustration of young people who have graduated college but cannot find jobs. The riots in Cairo could happen here, the mayor said, and he's correct.
Several factors that triggered the Arab Spring are present in the United States today, including crony capitalism, political corruption, poverty and the unmet aspirations of the young. In neighborhood after neighborhood, and in home after repossessed home, the American dream is in shreds while the gap between rich and poor has become a canyon.
Watch for trouble if Republicans in Congress remain adamant this fall about protecting corporations and high-net-worth individuals from tax increases, while cutting programs that benefit the middle class and provide a safety net for the poor.


Markets and banks need morals, says Gordon Brown in his new book on the financial crash
posted by Michael Smith  on March 4, 2011

Beyond the crash, overcoming the first crisis of globalization by Gordon Brown, Simon and Schuster, 2010 - reviewed by Michael Smith
This is one of the best books on the global financial crash, its causes and consequences...


UK City leaders must rebuild trust, restore the City's 'licence to operate'
posted by Tony Manwaring  on January 25, 2011

Bankers' bonuses have burst out from the business pages of UK newspapers, and are headline news. The bonus round exposes a deep and raw nerve in British society.


Companies need to focus on values, behaviour and sustainability, says London forum
posted by Michael Smith  on December 15, 2010

Underlying the financial crisis is a crisis of value and of values,’ asserted Tony Manwaring, Chief Executive of the London-based ‘think-and-do-tank’ Tomorrow’s Company. He was chairing a ‘Tomorrow’s Values’ reception held in the House of Lords on 17 November, organised by the Chartered Institute of Management Accountants (CIMA) and Tomorrow’s Company.


QE2 - The Last Resort
posted by Bill Sharon  on October 29, 2010

The Federal Reserve’s second round of Quantitative Easing or QE2 is set to launch next week.  Ask yourself and a half a dozen of your friends if you really know what that means.  Most of us don’t.

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