Month: December 2009

By Sam Smith The pending health care legislation is as corrupt, cynical and contemptuous of simple decency as any bill I’ve seen in over a

By Michael Pettis Vietnam’s decision to devalue its currency by 5 per cent last week to protect itself from undervaluation of the Chinese renminbi, and

Derivatives have many purposes. One is to quietly launder the profits out of one place into another without the niceties of legal authorizations and documents.

by Greg Palast On 10th Anniversary of the Battle in Seattle Bankers’ scheme to re-open finance casino worldwide. Apparently, one meltdown isn’t enough for the

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