Banking

Paul Volcker's Prescient Advice For Jamie Dimon

Shortly after Jamie Dimon's appearance on Fox last month, PBS's Bill Moyers had former Chairman of the Board of Governors of the Federal Reserve System and head of President Obama’s Economic Recovery Advisory Board, Paul Volcker, whose namesake is

Occupy Wall Street: May Day Final Preparations

From Occupy Wall Street: Guess what's just a week away? May Day! Join an unprecedented coalition of workers, immigrants, and occupiers of all kinds to step, for one day, out of work, school, stores and homes and into the struggle against an

December 29, 1998 - Hostages, Khmer Rouge And Blood For South Africa.

News of the day, this day in history for December 29, 1998 - Senior figures in the former Khmer Rouge defect and offer apologies for mass killings. Malaysian Deputy Minister Anwar Ibrahim sex scandal trial. Breaking news of hostage drama in Yemen with 16 British and American tourists. Escalating traffic deaths in South Africa result in call for blood. Bank scandal in Russia. Child Prostitution on rise in UK. North Cyprus threatens to break ties and align with Turkey.

Open Thread

The New Yorker features a thought-provoking article called "What Good is Wall Street?" Reading it made me think of this song from Mary Poppins, "Fidelity Fiduciary Bank." Amazing, how timely this song is!