Jayati Ghosh, Networkideas.org, July 27, 2011
In effect, the current problems that the world economy faces are a reflection of the broader inability to contain the political power of finance.
The financial crisis in Greece has demonstrated the limitations of Eurozone as it exists today. Newsclick speaks to Professor Jayati Ghosh analysing the possibilities ahead. 'Things have gone worse from bad', says Prof. Ghosh, "since I spoke to you (Newsclick) a year ago"
Newsclick Production, 11-Jul-2011
Prominent Italian Journalist and Leftist political activist Marco Berlinguer is interviewed on Skype on the Indignats movement in Spain.
Senior Political Analyst, Aijaz Ahmad comments on the European political economic situation today. He discusses the unrest taking place in Europe due to the financial crisis and the response by the governments in several nations in Europe
newsclick production 2 Feb 2010
Prof Gerald Epstein of the University of Massachusetts, Amherst talks about the the state of the U.S economy after the crisis, rising unemployment, internal politics etc.
Newsclick Production, 2 Feb 2010
Dr. Y.V Reddy, the former Governor of the R.B.I talks about bank regulation and other economic issues in context of the economic crisis.
Nomi Prins, AlterNet., 14 January 2010
Articles and blogs are flooding the Web, summarizing and dissecting the opening Financial Crisis Inquiry Commission's chat with the four CEOs presiding over the strongest (read: luckiest recipients of federal generosity during their most troubled times) banks in the country: Lloyd Blankfein from Goldman Sachs, Jamie Dimon from JPM Chase, John Mack from Morgan Stanley and Brian Moynihan from Bank of America. (Citigroup didn't make the cut.)
Pat Garofalo, Think Progress, 1 January 2009
2009 closed with the stock market rebounding 61 percent from its March lows, and “Wall Street is ready to pat itself on the back for its huge gains with big bonuses,” potentially surpassing the record payouts of 2007. Analysts estimate that Wall Street’s 2009 bonus pool could total $200 billion — led by Goldman Sachs’ $23 billion — as the New York Times reported today, the return to big bonuses will also allow Wall Street banks to claim billions in tax breaks:
Greg Gordon, McClatchy Newspapers,30 December 2009
When financial titan Goldman Sachs joined some of its Wall Street rivals in late 2005 in secretly packaging a new breed of offshore securities, it gave prospective investors little hint that many of the deals were so risky that they could end up losing hundreds of millions of dollars on them.