AlJazeeraEnglish—Sept. 21, 2011–The first of a four-part investigation into a world of greed and recklessness that brought down the financial world. Copyright Al Jazeera 2011 § 107.Limitations on exclusive rights: Fair use Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright. In determining whether the use made of a work in any particular case is a fair use the factors to be considered shall include — (1) the purpose and character of the use, including whether such use is of a commercial nature or is for nonprofit educational purposes; (2) the nature of the copyrighted work; (3) the amount and substantiality of the portion used in relation to the copyrighted work as a whole; and (4) the effect of the use upon the potential market for or value of the copyrighted work. Meltdown part 1 series 2008 al Jazeera Finance financial crisis economy aljazeera lehman brothers
Estonia, the European Union’s newest member, is the latest country to adopt the euro, having introduced the currency last year. The mood was festive at the time, but with Europe’s current financial crisis, many now taken a more sombre view. Estonia’s bn economy is the fastest growing in Europe, but as the continent’s financial woes deepen, the government is worried about the toll the eurozone’s troubles could take on its country. Al Jazeera’s Charlie Angela reports from Tallinn.
There is growing opinion across Europe that so-called Eurobonds are the bold step needed to tackle the financial crisis. The principle behind a common government bond is that Eurozone countries would guarantee each other’s debts. Investors would see the bonds as safe and would loan money at low interest rates. The hope is that the lower borrowing costs would prevent any more financial bailouts. But the eurobond has its critics. Al Jazeera’s Tim Friend reports.
Global Financial Markets Tremble As Bad Economic News Continues for US US Offers Foreign Aid to Countries Holding Billions in Treasury Securities The Congressional Research Service released a report last month, a copy of which Fox News exclusively obtained, showing that in fiscal year 2010, the latest year that data was available, the US handed out a total of .4 billion to 16 foreign countries that held at least billion in Treasury securities, including China (.2 million), Brazil ( million), Russia (.5 million), India (6.6 million), Mexico (6.7 million) and Egypt (5.7 million). China is the largest holder of US Treasury bonds with .1 trillion as of March, according to the Treasury Department. Brazil held 3.5 billion, Russia had 7.8 billion, India owned .8 billion, Mexico held .1 billion and Egypt had .3 billion. www.foxnews.com www.foxnews.com Dismal Jobs Report Fuels GOP Criticism of Administration on Economy Republicans continued to hammer Obama with an infamous chart pushed by his administration during the 2009 stimulus debate which predicted unemployment would stay below 8 percent and that, by this time, the rate would be below 7 percent. www.foxnews.com Global Financial Markets Tremble As Bad Economic News Continues To Pour In truthiscontagious.com US Growth: Slow and Volatile www.nationaljournal.com As the US economy starts to slow down once again, global financial markets are beginning to tremble. Over the past couple of …
Wall Street executives, US regulatory agencies, and the US federal reserve are all being blamed in a new report into the causes of the 2008 financial meltdown. The country’s presidential commission also concluded the financial meltdown could have been avoided altogether. But even as it wraps up its two year inquiry, the 10-member panel remains sharply divided over the causes. The report reflects the views of six Democrats – while the four Republicans have written dissenting opinions. It also lays much of the blame on what it says are the “reckless” practices of financial firms like Fannie Mae, AIG and Bear Stearns. It says poor controls led to excessive borrowing and risky investments on mortgages. It also faults “weak” government regulators like the Securities and Exchange Commission and US Central Bank – for failing to rein in the banks they supervised. Singled out is former Federal Reserve Chairman Alan Greenspan – for backing de-regulation practies that accelerated the sub-prime mortgage crisis. Lobbyists are also being heavily blamed. Al Jazeera’s Nick Spicer reports.
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Max Keiser talks to Stacy Herbert about financial terrorism, Osama bin Laden. Peter Schiff, the world reserve currency, Jim Rogers, Marc Faber, Green Peace, Exxon Mobil, eco-terrorism, Sean Hannity, Bill O’Reilly, the war on drugs, CIA drug trade, the war on terror, false flag operations, Glenn Beck, propaganda. recorded on January 30th 2010
Barack Obama, the US President is running out of patience with US bankers, whom he accused of fighting common sense consumer protections. In a meeting on Monday he urged them to support new legislation to reform Wall Street. And he told them they owed it to the country to help the economy by lending more money to small businesses. It comes after a clearly irritated president said he did not run for office just so he could help out a bunch of fat cat bankers. But does the new legislation go …
