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- Capitalism is still in dreamland
Despite the markets' excesses, policymakers think they are in control Resource Type: Article Published: 2008 Reporting on the World Economic Forum 2008, the author finds the IMF's suggestion to cut taxes and interest to be perpetuating the myth that the crises is one of liquidity rather than solvency.
- Ernst & Young Pays $10 Million To Settle Lehman Brothers Audit Failure Lawsuit
Resource Type: Article Published: 2015 Ernst & Young, one of the Big Four auditing firms, has agreed to pay a $10 million to New York state to settle a lawsuit for overlooking accounting gimmicks by Lehman Brothers, the defunct Wall Street bank. The scheme allowed Lehman to hide billions of dollars in bad deals.
- High Wire
The Precarious Financial Lives of American Families Resource Type: Book Published: 2008 The author shows how the burden of financial risk has been transferred from government, employers, and insurance companies on to the shoulders on individuals and families.
- Why American Financial Markets Have No Relationship to Reality
An Economic House of Cards Resource Type: Article Published: 2014 The bullion banks (primarily JP Morgan, HSBC, ScotiaMocatta, Barclays, UBS, and Deutsche Bank), most likely acting as agents for the Federal Reserve, have been systematically forcing down the price of gold since September 2011. Suppression of the gold price protects the US dollar against the extraordinary explosion in the growth of dollars and dollar-denominated debt.
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