The scales of financial justice are tilted by avarice and the power the investment bankers continue to assert. JP Morgan Chairman and CEO Jamie Dimon pleads mea culpa for his part in the US$ 2 billion (and counting) derivative trading loss. Dimon and his staff were not hedging, they were...
(33) Comments | Posted March 16, 2012 | 12:20 PM
Banker Greg Smith quit Goldman Sachs in spectacular style, making a splash in the press as big as the fortune he and his colleagues made off the backs of clients worth trillions of dollars. Unfortunately, unlike Mr Smith the 99% are simply not in a position to walk...
(14) Comments | Posted January 25, 2012 | 8:13 AM
For the world to recover from the financial crisis there must be a revolution on job creation equal to the environmental revolution that has percolated into the collective consciousness over the last twenty years. It has taken that long for the world to be convinced global warming is a real...
(0) Comments | Posted November 1, 2011 | 11:24 AM
The G20 meets in Cannes this week with a second chance to get it right and produce the leadership to move the world away from the economic and social abyss. After the financial crisis broke in 2008, there was a flurry of coordinated activity but since then the G20 has...
(0) Comments | Posted May 21, 2012 | 5:37 PM