8 posts tagged with finance and corruption.
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If Stable and Efficient Banks Are Such a Good Idea Why Are They So Rare?

Why do some banking systems never have crises and some have them all the time? Our system is Fragile by Design, the title of a new book by Calomiris and Haber. (The first chapter can be read here.) This essay lays out the argument, as does this PowerPoint. [more inside]
posted by anotherpanacea on Mar 1, 2014 - 32 comments

What's wrong and how to fix it.

It’s not as though as a society we have become that much stupider than our forbears; it’s because we have become that much more corrupt.

Adam Garfinkle
discusses American political dysfunction in one, two, three parts.
posted by Shit Parade on Oct 27, 2012 - 13 comments

Executive Compensation

The Incentive Bubble (ungated pdf) - "The fraying of the compact of American capitalism by rising income inequality and repeated governance crises is disturbing. But misallocations of financial, real, and human capital arising from the financial-incentive bubble are much more worrisome to those concerned with the competitiveness of the American economy." [more inside]
posted by kliuless on Apr 3, 2012 - 54 comments

A Vampire Squid with Muppets

Why I Am Leaving Goldman Sachs. New York Time Op-Ed. March 14th 2012:
TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.
[more inside]
posted by Skygazer on Mar 14, 2012 - 150 comments

The SEC's Memory Hole

Is the SEC Covering Up Wall Street Crimes? "A whistleblower claims that over the past two decades, the agency has destroyed records of thousands of investigations, whitewashing the files of some of the nation's worst financial criminals."
posted by homunculus on Aug 18, 2011 - 45 comments

Obama's Big Sellout

Taibbi-filter: Obama's Big Sellout [more inside]
posted by moorooka on Dec 10, 2009 - 156 comments

A New Way Forward

Nationalize. Reorganize. Decentralize. anewwayforward.org wants you to organize a protest on April 11th to express your frustration and disapproval with how our elected officials have handled the economic crisis.
posted by geos on Mar 17, 2009 - 62 comments

it's good to be a banksta

Simon Johnson on Bill Moyers [1] (and, prolifically, making the public media rounds on npr [2]) tackling the bailout of the American Oligarchs, a.k.a. banksters... [more inside]
posted by kliuless on Feb 14, 2009 - 16 comments

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