Wikileaks Exposes German Preparations For “A Eurozone Chapter 11”

The end of the Euro!!! The following cable from US ambassador to Germany Philip Murphy (“Ambassador Murphy spent 23 years at Goldman Sachs and held a variety of senior positions, including in Frankfurt, New York and Hong Kong, before becoming a Senior Director of the firm in 2003, a position he held until his retirement […]

Bush Adminstration helping Wall Street investment houses rather than people on Main Street America.

Bear Stearns Rescue Backed Amid Concerns Thursday April 3, 10:21 pm ET By Martin Crutsinger, AP Economics Writer Bernanke, Bush Admin. Defend Decision to Rescue Bear Stearns Amid Questions by Lawmakers WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke and the Bush administration on Thursday defended the decision to rescue Bear Stearns amid questions by […]