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MSNBC w/ Cenk: Financial Reform Good Enough?

Cenk Uygur (host of The Young Turks) filling in for Dylan Ratigan on MSNBC talks to Robert Scheer (author of The Great American Stick Up) about President Obama’s remarks at a fundraiser in hedge fund country where he mocked derivatives reform and suggested he deserved more credit for the passed financial reform bill. www.truthdig.com

Presented by Kevin Duffy at “Austrian Economics and the Financial Markets,” the Mises Circle in Manhattan on 22 May 2010 in New York, New York. Includes an introduction by Mises Institute president Douglas E. French.

rt.com NEWS news.google.com -”Grecian debt crisis has Wall Street connection” NewsOK.com – Malcom Burko – ‎Feb 27, 2010‎-Goldman Sachs (GS — 6.35) was paid 0 million to help Greece hide 0 billion of its debt so it could join the EU … Cleaning up Greece’s Augean Stable Huffington Post (blog) – ‎Feb 24, 2010‎ We also learn with Wall Street’s increasingly notorious Goldman Sachs bank reportedly helped Greece hide its debts through opaque financial derivatives … FACTBOX – Debt derivatives deals in weak euro zone states Reuters – Harry Papachristou, Andrei Khalip – ‎Feb 22, 2010‎ SWAPS: In 2001, the government did cross currency and interest rate swaps with Goldman Sachs (GS.N) converting debt into a stream of future liabilities; … Complete Crisis Coordination Gold Seek – Jim Willie Cb – ‎Feb 17, 2010‎ Goldman Sachs is on the hot seat not only for its AIG pressured fraudulent tactics, but now again for its concealed misrepresentation of European sovereign …

This video is the 1st in a 4-part series that presents the essentials of investment decision-making. Part 1 covers the Time Value of Money, Cash Flows, and Incremental Analysis.

President Obama announced the introduction of the new consumer financial protection agency, which will execute a plan for regulation reform that would improve the current “patchwork system” full of outdated regulations and lax oversight that helped lead to last year’s crisis,” and “stand up, not for big banks, not for financial firms, but for hard-working Americans.” Such changes, he says, would prevent consumers becoming victims of “predatory practices of some in the financial industry …

  
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