Archive for the 'Elite' Category
Violent Unrest Rocks China as Financial Crisis Hits
February 2nd, 2009Via: Times Online: Bankruptcies, unemployment and social unrest are spreading more widely in China than officially reported, according to independent research that paints an ominous picture for the world economy. The research was conducted for The Sunday Times over the last two months in three provinces vital to Chinese trade – Guangdong, Zhejiang and Jiangsu. […]
The End: Michael Lewis Revisits Wall Street Swindling
February 1st, 2009This piece makes a great epilogue for my 2006 Wall Street Chop Shop essay. Via: Portfolio: Now 36, Daniel grew up a lower-middle-class kid in Queens. One of his first jobs, as a junior accountant at Arthur Andersen, was to audit Salomon Brothers’ books. “It was shocking,” he says. “No one could explain to me […]
Geithner Enlists Goldman Sachs Lobbyist as Top Aide
January 30th, 2009In other news, William Dudley, a former Goldman Sachs Chief Economist will replace Geithner at the New York Fed. Via: Politico: Newly installed Treasury Secretary Timothy Geithner issued new rules Tuesday restricting contacts with lobbyists – and then hired one to be his top aide. Mark Patterson, a former advocate for Goldman Sachs, will serve […]
Iceland to be Fast-Tracked Into the EU
January 30th, 2009Imagine my shock. Via: Guardian: Iceland will be put on a fast track to joining the European Union to rescue the small Arctic state from financial collapse amid rising expectations that it will apply for membership within months, senior policy-makers in Brussels and Reykjavik have told the Guardian.
“You are up against some really nasty, vicious people,” the Senator said, “They will not hesitate to kill you.”
January 30th, 2009Via: Deep Capture: During the fall of 2006, Patrick Byrne had some strange experiences as well. Somebody broke into Patrick’s home, and soon after, somebody broke into the home of a woman who was Patrick’s girlfriend at the time. Then somebody threw a pair of metal gardening shears through the window of the girlfriend’s restaurant. […]
A Quiet Windfall for U.S. Banks: With Attention on Bailout Debate, Treasury Made Change to Tax Policy
January 29th, 2009This is a good one. Well, not really good. More like Must Read. It’s from November 2008. Open a window, though. You’ll want to get a breeze going in your room because the sweet musk of evil could become overpowering otherwise. Full text. Via: Washington Post: The financial world was fixated on Capitol Hill as […]
Amero Could Result from Crisis: ‘The New World Order Is Upon Us’
January 29th, 2009I don’t know about you, but when I see the phrase, “New World Order” bandied about on the mainstream sites like it’s a new flavor of TicTac, I have to wonder if people know what this actually means. The New World Order used to be something that people like me would read about in books […]
Halliburton to Pay $559 Million to Settle Bribery Probe
January 27th, 2009Via: Reuters: Halliburton Co will pay a $559 million fine to end an investigation of its former KBR Inc unit if the U.S. government approves the settlement, the largest penalty against a U.S. company for charges of bribery under federal law. Halliburton, once headed by former Vice President Dick Cheney, said it was awaiting final […]
Elite Flock to Davos to Discuss Economic Crisis
January 26th, 2009The birthing-a-New-Word-Order theme is strong this n0oZ cycle. Via: Reuters: Political leaders and central bankers will dominate this week’s annual Davos forum as a chastened business elite is sidelined in the drive to reboot the world economy, improve global security and slow climate change. More than 40 heads of state and government — almost double […]
Gordon Brown: The Financial Crisis Represents ‘Difficult Birth-Pangs of a New Global Order’
January 26th, 2009Via: AFP: Prime Minister Gordon Brown said Monday the financial crisis must not be an excuse to retreat into protectionism and instead be viewed as the “difficult birth-pangs of a new global order”. In a speech, he will urge countries to avoid “muddling through as pessimists” and “make the necessary adjustment to a better future […]
