Video: Scott Brown: Dream or Nightmare?
Video: “KONY2012”
(If we just could kill one evil man, the world would live in peace)
Video: “Heard it On Fox”
(For people who get their news fourth or fifth-hand)
Tag Archives: financial crisis
JP Morgan Lose $2 Billion on Risky Bets Meant to Reduce Risk on Bets That Other Companies Made. Or Something Like That.
Oh, Oh, Oh, Jamie’s Cryin’ (New York, NY) CEO Jamie Dimon disclosed Thursday that JP Morgan has sustained $2 Billion in trading losses. The losses were caused by huge bets in Credit Default Swaps, the complicated insurance-like bets in credit … Continue reading
Posted in Troutboy's Blog
Tagged CDS, financial crisis, Jamie Dimon, JP Morgan Chase
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Move Your Money From the Potters of the World to the George Baileys!
Just like Mr. Potter in the classic movie It’s a Wonderful Life, the big banks used tricks to swindle consumers and small businesses, and then went to the taxpayer to clean up the mess. Check out this mashup video by … Continue reading
“The Revolution Will Be Streamed” – By Bank of America
(New Yok) Poet Gill Scott-Heron was right when he famously stated: “The Revolution Will Not Be Televised.” What he didn’t know was it would be streamed throughout the world. And sponsored by Bank of America? A rag-tag coalitions of radicals … Continue reading
Heads of Europe Back Financial Plan to Rescue Grease
(Brussels) After years of negotiation, Europe’s wealthiest countries have just drafted a plan to save Grease from financial default. But not without controversy. “Why are they spending so much money on souping up cars instead of developing sound fiscal … Continue reading