Original inset illustration by Roberto Parada TOTAL • INDIVIDUALS • PACS Emily’s List $939,881 $930,961 $8,920 Citigroup Inc $883,547 $875,547 $8,000 DLA Piper $847,930 $820,930 $27,000 Goldman Sachs $821,031 $811,031 $10,000 JPMorgan Chase & Co $771,111 $768,111 $3,000 Morgan Stanley $754,538 $749,538 $5,000 University of California $608,858 $608,858 $0 Time Warner $591,524 $566,524 …
While there’s been no shortage of post-mortems on the cause of the Great Recession, the most entertaining has to be the new movie The Big Short, a Golden Globe and Oscar nominee for best film, based on Michael Lewis’s book of the same name… The film follows three sometimes inter-related investment entities as they uncover the massive fraud that had taken over the real estate industry, and their efforts to profit from that knowledge. That a morality tale emerges in the wake of their pursuit of “price discovery,” a traditional goal of the free (unmanipulated) market, is just icing on the cake.
The Republican’s economic policies slam up against reality Having been brutally raped by a Wall Street gang, aided and abetted by Bush and his congressional cronies, Americans are now being required to buy the rape kit, as well as bear and raise the mutant child. Watching 60 Minutes last night made my blood boil. It’s opening segment was titled “A …
