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From Crash to Meltdown in 80 Years

It's was 80 years ago this week that the Crash of 1929 kicked off the Great Depression. Not quite 79 years later, the fall of Lehman Brothers on September 15, 2008, sent the stock market into a meltdown precipitated by the crises of such Wall Street Giants as Bear...

Wall Street Pukes On Our Shoes

At the New Economy Conference, Leo Gerard of the United Steelworkers just said that deregulating Wall Street was like leaving a 3 year old in a candy store unsupervised for a day. When you come back the kid is stuffed full of candy, candy falling out of the pockets --...

The New Red-Ink Scare

We've got a new red scare. Forget Glenn Beck; the fear isn't that America is going red, it's that it is in the red. Conservatives in both parties are raising alarms about deficits and government spending. Well, get over it. If we are going to generate growth and...

Beyond Chicago: The Showdown Shifts To D.C.

Now that thousands of demonstrators confronted bankers at the "showdown in Chicago" during the American Bankers Association convention there this week, activist energy is now urgently shifting to Washington and to communities across the country. James Mumm, the...

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