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Billionaires Flee Havens as Trillions Pursued Offshore
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South Korea proposes Kaesong talks with North
Unification Ministry spokesman Kim Hyung-suk warned of "grave measures" if the North did not agree to the talks. ...Posted by Samuel W. Velsor IV -
Steve Cohen's Hedge Fund To Pay Over $600M To Settle Insider Trading Charges
The Securities and Exchange Commission (SEC) announced it reached a settlement on insider trading charges with ...Posted by Jack Powers -
New study: Tort reform has not reduced health care costs in Texas
A new study found no evidence that health care costs in Texas dipped after a 2003 constitutional amendment limited ...Posted by Glenn LaBauve -
Psychology Of Fraud: Why Good People Do Bad Things
Enron, Worldcom, Bernie Madoff, the subprime mortgage crisis. Over the past decade or so, news stories about ...Posted by Fabrice Florin -
Vashon banks on new credit union
"In the years after World War II, most of our financial institutions were local. So they took in local savings and ...Posted by Dwight Rousu
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The 4 Big Ways That Insatiable Corporate Hunger for Profits Has Devastated American Life -- and the World Along with It
In this dream world of global capitalism, young people are going from zero income on the farm to a few dollars a ...Posted by Dwight Rousu -
How Two Secretive Global Trade Deals Will Further Enrich the American Elite
the Obama administration is pursuing two major "free trade" agreements that in fact have very little to do with ...Posted by Dwight Rousu -
2 More Grad Students Claim To Find Another Flaw In Reinhart-Rogoff Research
Like Scooby-Doo villains, Carmen Reinhart and Kenneth Rogoff keep getting done in by meddling kids. First, ...Posted by Dwight Rousu -
America Is Ruled by Billionaires, and They Are Coming After the Last Shreds of Our Democracy
The United States today qualifies as a plutocracy – on a number of grounds. Let’s look at some striking bits ...Posted by Dwight Rousu
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Washington's Backward Retirement Policy: So Wrong, and Yet So Easy to Fix
money is being wasted on tax subsidies for "private" retirement accounts such as 401(k)s and IRAs. In 2012, these ...Posted by Dwight Rousu -
Bain Capital and our screwed-up culture
The problem is not the profession. It's what one does in the course of business. But even among those intent on ...Posted by Dwight Rousu -
Op-Ed Columnist: Not Enough Inflation
Republican attacks on Ben Bernanke, the Federal Reserve chairman, are a destructive effort to bully the Fed into ...Posted by Manfred Ostrowski -
Financiers and Sex Trafficking
This emporium for girls and women — some under age or forced into prostitution — is in turn owned by an opaque ...Posted by Fabrice Florin -
Fair Game: W.T.O. and Barriers to Financial Change
The battle to remake the financial markets faces new obstacles in — of all places — the World Trade ...Posted by Fabrice Florin -
The Good, Bad and Ugly of Capitalism
Goldman Sachs displayed one side of capitalism this week that seemed to strike a chord with many. Starbucks is ...Posted by Fabrice Florin
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The Cancer-Stage Of Capitalism
Unregulated capitalism is cancer on our nation. Like tumors, greed has metastasized, strangling once-healthy parts ...Posted by Dwight Rousu -
Worshipping Materialism at Christmas
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Kristof: Why let the rich hoard the toys?
Imagine a kindergarten with 100 students, lavishly supplied with books, crayons and toys. Yet you gasp: One ...Posted by Tanya J. Maurer -
Romney Is a Corporation Masquerading As an Individual for President
Mr. Romney doesn't understand the double standard where government checks, whether already paid for or not, to ...Posted by Tanya J. Maurer
Photo: Thetruthabout... / flickr
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An informative story by Mark Gongloff appeared on the HuffPost that updates how Harvard economist Carmen Reinhart and Kenneth Rogoff keep getting embarrassed by some young scholars. After University of Massachusetts-Amherst grad student Thomas Herndon found error, now, two more PhD ... More »
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