Monthly Archives: September 2008

The Big Bang model that blew up in our faces

By Philip Augar Published: September 28 2008 19:56 Last updated: September 28 2008 19:56 The grisly end of Bradford & Bingley casts a different light on the deregulation of Britain’s financial services industry in 1986. That was the year when … Continue reading

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The Sky is Falling in!

Friends, Everyone said the bill would pass. The masters of the universe were already making celebratory dinner reservations at Manhattan’s finest restaurants. Personal shoppers in Dallas and Atlanta were dispatched to do the early Christmas gifting. Mad Men of Chicago … Continue reading

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Bail Out Blues

Wall Street has polluted the economy with toxic mortgages. It should pay for the cleanupAll comments (1)Joseph Stiglitzguardian.co.uk, Tuesday September 30 2008 10:34 BST Article history It doesn’t take a genius to figure out that the United States’ financial system … Continue reading

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The great crash of 2008

James BuchanPublished 25 September 2008 4 commentsPrint versionListenRSS The world’s financial institutions are gripped by fear, yet policymakers can do nothing. They are ignorant of how banks now work and have to take poacher-turned-gamekeeper Henry Paulson at his word Of … Continue reading

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Michael Moore’s new film for free

Friends, This is it. The time has arrived! At midnight tonight, you can be one of the first people ever to legally download, for FREE, a brand new, feature-length film. It’s my new movie, “Slacker Uprising,” ( http://slackeruprising.com/ ) and … Continue reading

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Keir Starmer QC

Keir has spoken many times to the NCLG and CLGs and had agreed to speak at the 2009 Conference before this was announced.We congratulate him on his appointment and we can look forward to a peroid when human rights will … Continue reading

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Letter to The Guardian

Sir, Your columnists in the past week have concentrated on the financial markets.This is a profound mistake for the root of the crisis lies not in the sphere of finance but in the sphere of production or what we like … Continue reading

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Letter to the editor of The Times (for entertainment and comment)

Sir, Your leader writer of 17th September 2008 should go back to University for a crash (sic) course in Marx He quotes Marx but completely misunderstands him. Yes “Capital is money, capital is commodities.” By virtue of it being value, … Continue reading

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Petition (Avaaz)

On Monday Lehman Brothers, one of the world’s biggest investment banks, went bust with debts of $613 billion, and other institutions and markets are plunging. Many are calling this the worst moment since the Crash of 1929 — the global … Continue reading

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Do the Super-Rich matter?

It’s the controversy that is becoming symbolic of a wider debate about the future direction of the UK. Should we be ‘intensely relaxed’ about the superrich, as Peter Mandelson claimed? Or are they symptomatic of something fundamentally wrong with Britain? … Continue reading

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