Two Pieces

1
Here's a 'two-fer', guys, i.e., two pieces in one e-mail. The first piece, The Good Banker , more or less tells you what the big banks did but without naming names. The second piece, a review by Robert Reich of a book by Morgenson/Rosner entitled Reckless Endangerment, names names of those who caused this meltdown.

It's worth the time to read both.[/color]




OPINION | May 31, 2011
Op-Ed Columnist: The Good Banker
By JOE NOCERA
Finally, an insider who's willing to tell the truth about banking.



http://www.nytimes.com/2011/05/29/books ... &ref=books

Re: Two Pieces

3
Infuriating reading.

(BTW, you can make URLs easier for people to follow by selecting them in the edit box and clicking "URL" up above.)

Wall Street has a death grip on both political parties that will only be broken, I'm afraid, by economic collapse.
"To initiate a war of aggression...is the supreme international crime" - Nuremberg prosecutor Robert Jackson, 1946

Re: Two Pieces

4
larrymod wrote:Infuriating reading.
Wall Street has a death grip on both political parties that will only be broken, I'm afraid, by economic collapse.
Campaign Finance Reform. We should go in exacty the opposite direction that the Citizens United decision is taking us.
"Endeavor to persevere."

Re: Two Pieces

5
goosekiller wrote:
larrymod wrote:Infuriating reading.
Wall Street has a death grip on both political parties that will only be broken, I'm afraid, by economic collapse.
Campaign Finance Reform. We should go in exacty the opposite direction that the Citizens United decision is taking us.
Reform of corporate privilege. It doesn't involve tweaking the Constitution or depending on Scalia to straighten up and come to Jesus.
I admit I'm bass ackwards:I love Belgian guns and American beer.

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