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Entries by Diane Francis from 04/2009

Sarkozy Correct to Shut Down Anglo Saxon Cowboys

| Posted 04.01.2009 | World

Sarkozy is right to demand international refereeing. The Anglo-Saxon model spawned excesses, crimes and a flight to the global regulatory vacuum that brought down the world's economic system.

G-20 Thugs Attack Financial Injustice

| Posted 04.02.2009 | Business

I'm not condoning street violence but it will be helpful if political leaders understand that economic ruination by others is also a violent act.

Madonna and the Cult of Celebrity Adoption

| Posted 04.03.2009 | Entertainment

For the money Madonna would spend every year providing 24-hour nannies to raise a child, and lavishing it with private schools and the like, she could feed a village or a large orphanage for 20 years.

Summers/Geithner Plan: Bank Heist One More Time

| Posted 04.07.2009 | Business

This plan is more of the same: highly leveraged risk-taking shenanigans facilitated by a naive government and tax dollars.

Game-changer: Canadian oil sands will bypass US for Asia

| Posted 04.09.2009 | Business

A project by Canadian National Railway called the "Pipeline on Rails" is an energy and political game-changer for Canada and the financially strugglin...

Brazil's Lula: U.S., Sort Your Banks Out

| Posted 04.16.2009 | World

"Like the Titanic, no one will escape," Lula said. "First class, third class, everyone will sink with the boat. The role of everyone, from the mass media to business, labor ad politicians, must be examined."

America's War on Drugs a flop

| Posted 04.17.2009 | Politics

As the western hemisphere's leaders begin their Summit of the Americas today in Tobago, the issue that dare not speak its name should be front and cen...

Bernanke and Paulson should be charged by the SEC

| Posted 04.20.2009 | Business

The Wall Street Journal story today reveals that the Bank of America's CEO claims he was told by Bernanke and Paulson to remain silent about the disas...

America's banksters get away again

| Posted 04.20.2009 | Business

The U.S. administration wants to relax its accounting standards, the so-called mark-to-market rules, so that its banks and companies can duck losses. ...

Bernanke, Paulson should be charged with securities violations

| Posted 04.23.2009 | Business

The Wall Street Journal story today reveals that the Bank of America's CEO claims he was told by Bernanke and Paulson to remain silent about the disas...

Credit Rating Agency Scandals Ignored by US

| Posted 04.28.2009 | Business

Credit rating agencies contributed to the current economic collapse. They were paid fees by banks who sometimes pressured or shopped around for the most favorable risk assessments, an obvious conflict of interest.

Mexico Flu Epidemic a Bunch of Media Bunk

| Posted 04.28.2009 | Media

Facts are that if there's a flu pandemic it's in the United States, not Mexico. Some 36,000 Americans died of influenza-induced illness in the last few years or 99 per day.

Chrysler Vultures May Win Too

| Posted 04.30.2009 | Business

So here's what is next: Chrysler's hedge funds will make money on the deal because the courts will award something.