Tag Archives: Citigroup

Perpetual Ponzi Scheme

SECRETS AND LIES OF THE BAILOUT The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come By Matt Taibbi/ … Continue reading

Posted in Barack Obama, Economics, economy, finance, government, inequality, taxes, Wall Street | Tagged , , , , , , , , , , , , | Leave a comment

Why We Keep Getting Screwed

Posted in Barack Obama, Economics, economy, elections, government, politics | Tagged , , , , , , , , | Leave a comment

The Advantages of Being in the Final Four (of Big Banks)

In researching some bank-related questions for my friend edray, I came across some fascinating information from a ThinkProgress.org article last October….. 11 Facts You Need to Know About the Nation’s Biggest Banks by Pat Garofalo/ ThinkProgress/ October 7, 2012 The Occupy … Continue reading

Posted in Economics, economy, Occupy Wall Street | Tagged , , , , , , | Leave a comment

The Final Four Brackets: Big Banks

from Too Big to Fail/ Mother Jones

Posted in Economics, economy | Tagged , , , , , , | 1 Comment

The Fed’s Unprecedented Generosity

Here is what the Federal Reserve didn’t want you to know: They helped large banks and other corporations out of a terrible jam. Sounds like a nice thing to do. Why wouldn’t they want us to know that? Thanks to … Continue reading

Posted in economy | Tagged , , , , , , , , , , , | Leave a comment