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Some of the best online explanations of why the financial world is currently going to hell.
These are the clearest, cleanest descriptions I’ve found so far of what’s going on with the financial crisis: how it started, how it got this bad, and what it might mean. Please add links you’ve found helpful.
Broken hearted? Maybe you’ll like something over here instead?
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Does anyone else see the connection between the Financial Services Modernization Act of 1999 (A/K/A Gramm-Leach-Bliley Act - as in PHIL GRAMM, McCain’s senior economic adviser) and the current Financial Apocalypse? The man took millions in campaign contributions from the Financial Services sector, deregulated the industry to the point where a company like AIG could become what it is today (whatever that is besides 79% government-owned) and now he wants to give that industry $700B?!? Whathafuck!
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