Archive for the 'Economy' Category
Australia: John Clarke and Bryan Dawe Calculate the Cost of the European Debt Crisis
May 25th, 2010Via: ABC News: BRYAN DAWE: Correct. How much does Spain and Italy owe? JOHN CLARKE: $1 trillion each. BRYAN DAWE: Correct. Who to? JOHN CLARKE: Mainly France, Britain and Germany. BRYAN DAWE: Correct. And how are Germany, France, Britain going Roger? JOHN CLARKE: Well they’re struggling a bit, aren’t they? BRYAN DAWE: Correct. Why? JOHN […]
IG Report: Methamphetamine Use by Interior Department Staff
May 25th, 2010Via: AP: Staff members at an agency that oversees offshore drilling accepted tickets to sports events, lunches and other gifts from oil and gas companies and used government computers to view pornography, according to an Interior Department report alleging a culture of cronyism between regulators and the industry. In at least one case, an inspector […]
Deepwater Horizon Survivors Kept in Seclusion After Rig Explosion, Coerced Into Signing Legal Waivers
May 25th, 2010Via: Yahoo News: According to two surviving crew members of the Deepwater Horizon, oil workers from the rig were held in seclusion on the open water for up to two days after the April 20 explosion, while attorneys attempted to convince them to sign legal documents stating that they were unharmed by the incident. The […]
Oil Reaches Louisiana Shores
May 25th, 2010Via: Boston Globe Big Picture Gallery: Over one month after the initial explosion and sinking of the Deepwater Horizon oil rig, crude oil continues to flow into the Gulf of Mexico, and oil slicks have slowly reached as far as 12 miles into Louisiana’s marshes. According to Louisiana Governor Bobby Jindal, more than 65 miles […]
The Coca-Cola Case
May 25th, 2010Via: National Film Board of Canada:
Goldman Sachs Linked to Toxic Oil Dispersal Chemical Used by BP in Gulf of Mexico
May 24th, 2010Many tentacles. Via: Picasso Dreams: 2003 … The Blackstone Group, Apollo Management L. P. and Goldman Sachs Capital Partners buy Ondeo Nalco.
A Billionaire Goes All-In on Gold
May 24th, 2010Via: Wall Street Journal: Gold is setting records again, boosting the holdings of central banks, Armageddon worrywarts, and ordinary people who own gold bars, coins and jewelry. But few individuals stand to benefit as much as low-profile billionaire Thomas Kaplan. A New York-born commodities magnate who earned a doctorate in British colonial history at Oxford, […]
U.S. Drops Criminal Probe of AIG Executives
May 23rd, 2010Via: Reuters: The U.S. Justice Department has dropped a probe of American International Group Inc executives involving the credit default swaps that sent the insurer to the brink of bankruptcy and forced a huge taxpayer bailout, lawyers for the executives said on Saturday. The investigation had centered on AIG Financial Products, which nearly brought down […]
Jefferson Parish Officials Commandeered All of BP’s Hired Boats in Grand Isle
May 23rd, 2010Via: WWLTV: Jefferson Parish Emergency managers say they have commandeered all of BP’s hired boats in Grand Isle. A representative for Jefferson Parish Emergency chief Deano Bonano said they requested immediate action after oil moved into the marsh passes and onto the beaches in Grand Isle. He said more than 40 boats were sitting idle […]
Backyard Gardens Become Income Generators in Lean Times
May 23rd, 2010Of course, the Dervaes family is the center of gravity for urban farming in Los Angeles. If you’re wondering about what’s possible along those lines, you won’t find a more astonishing and encouraging example than Path to Freedom-Urban Homestead. Via: Los Angeles Times: Locking up his station wagon, the one with the scratched paint and […]
