Category Archives: Wall Street

How to Counter The Age of Greed

In “The Age of Greed,” Jeff Madrick, former economic columnist for the New York Times and current Senior Fellow at the Roosevelt Institute and the Schwartz Center for Economic Policy Analysis at the New School, recounts the history of the people, … Continue reading

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What’s up with the Oakland Police and Occupy Wall Street?

Shock and Awe in Oakland, CA: What were the leaders of Oakland thinking when they turned their streets into a war zone? Obviously they were not thinking at all! Here is a shocking video of an Oakland, CA policeman deliberately … Continue reading

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President of S&P, Deven Sharma, Will Step Down

Deven Sharma, current president of Standard and Poor’s, announced today that he will step down to “pursue other interests.” As of September 12, 2011, Sharma will change his role at the S&P rating agency from president to advisor to the … Continue reading

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Was the S&P Downgrade of the U.S. Really all about Dodd-Frank Regulations on Civil Liability of Credit Rating Agencies?

The New York Times Business Section ran a piece called, “S&P, Accused of Faulty Math, Fights Error Disclosure Rule,”  about how the President of S&P, Devon Sharma, sent a letter to the U.S. Securities and Exchange Commission (S.E.C.) about his difference … Continue reading

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Why is S&P Downgrading Everything but Banks?

The Smell at S&P Seems to be Getting Stronger S&P Downgraded the U.S. from AAA to AA+ on Friday, August 5th. Then on Monday, August 8th they downgraded Freddie Mac, Fannie Mae and various insurance and mortgage companies. However, they … Continue reading

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Boehner talks about being “Serious” about Budget Plan but is he playing Edward’s Game?

Boehner walks out on Budget Talks Today…Here’s what is really going on: Can Boehner and the people he claims he represents get beyond party politics? Negotiation 101: In an optimal negotiation both sides listen to each other’s point of view … Continue reading

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Oil Executives Say they Need Subsidies while getting $100/barrel of Oil

Is it a joke? 5 Oil Executives appeared before the Senate Finance Committee to explain why they still want $2.1 billion/year subsidies from the U.S. government. This does not make sense since in 2005 when oil was $55/barrel, the oil … Continue reading

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Why was Elizabeth Warren treated like a “pinata” in Congress?

Elizabeth Warren Goes before House on Subcommittee Institutions and Consumer Credit Joe Nocera’s article in the NYT, “An Advocate Who Scares Republicans” regarding the recent appearance of Elizabeth Warren, President Obama’s advisor on the Consumer Financial Protection Bureau, at a … Continue reading

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Gov. Walker RAMS through ANTI-Rights Bill in WI

WI Governor Walker and 18 State Senators turn back 50 years of worker’s rights. Is this the way democracy should operate, by eliminating worker’s rights to collective bargaining? Will State Senators be recalled as a result of their actions? Continue reading

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Red-Tape GOP REINS Act Set to Create Gridlock in D.C.

The REINS Act was proposed in the last Congress as H.R. 3765 by Rep. Geoff Davis (R-KY) and S. 3826 by Sen. Jim DeMint (R-SC). This Act is called the “Regulations From the Executive in Need of Scrutiny Act”. The … Continue reading

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