Posted on 15 September 2008 by Denis Campbell | Comments (0) | Tags: 9-figure earning fund managers and bankers, AIG, bank stocks have fallen 20%, bankruptcy, Barclays, behaviours became more sinister, best of all worlds, Black Monday, BofA, Bush Administration turned a blind eye, could make money however they wished, dodgy instruments, Dow losing 700-800 points, extradition treaties, Federal Reserve Chairman Alan Greenspan, financial world markets 6% off, frog-marching of those responsible to jail, fund managers, Hong Kong fund managers and bankers, Ike, keep the party going, leaving someone else to hold the bag, Lehman, London, make room in The Hague, managers would then retire in mock shame, Markets fell precipitously, Merrill, new brand of global criminal, New York, non-financial world, party is over, repackaging horrifically bad home mortgage loans as sec, rest of us have to pay the bill, safe in the knowledge government(s) would always bail t, said no, seizure of their ill-gotten gains (assets), shotgun wedding without Bear Stearns like bailouts, stability and sensibility, The City, their millions already safely invested, thumbed their noses, ticking bomb of AIG Insurance Group, transparency and sensible regulation, unbridled optimism and irrational exuberance, Wall Street, wiping smug “greed is good” grins, worldwide
Am I smoking something?
There is a perfect storm in financial world markets… 6% off by noon London time – equivalent of the Dow losing 700-800 points. This could be a Black Monday in New York with the bankruptcy of Lehman and worldwide, bank stocks have fallen 20% or more. And perhaps, finally, transparency and sensible [...]
The Lunacy of Republican opposition in the Healthcare Debate writ large!
UK Progressive began during the 2008 US Presidential Campaign. It replaced two blogs: "Outside the Boundaries" (dedicated to US/UK Politics and Business) and "Fire the Guru!" an expose of charlatans in the Mind Body Spirit business. It was briefly known as The Vadimus Post from the Latin 'Quo Vadimus' or 'Where Are We Headed?'
We publish from a 19th century hilltop farmhouse in Monknash on the South Wales Glamorgan Heritage Coast. US-journalist Denis Campbell, based in The Netherlands and UK for 12-years is the publisher/editor. You can follow his live news feed on Facebook.com (Denis Campbell) and Twitter @UKProgressive.
The opinions expressed here are those of each contributor and do not represent the opinion of UK Progressive, our advertisers, sponsors, any related companies and/or their affiliates. We use a Creative Commons licence allowing content here to be re-published for non-commercial, non-derivative use, without editing or changing and that credit be provided to UK Progressive with a trackback URL.
UK Progressive is a free service. I cringe every time I hear a pbs, truthout or npr never-ending appeal for money. They make much more than we do. We're not your mother, we'll skip the guilt trip. If you like what you see here and would like to help us bring it to you by making a donation to support future developments, we'd really appreciate it. Thanks.
