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Category Archive for 'Government'



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The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday.
“The Geithner plan is very badly flawed,” Stiglitz told Reuters in an interview during a [...]

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The Australian communications regulator says it will fine people who hyperlink to sites on its blacklist, which has been further expanded to include several pages on the anonymous whistleblower site Wikileaks.
Wikileaks was added to the blacklist for publishing a leaked document containing Denmark’s list of banned websites.
The move by the Australian Communications and Media Authority [...]

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“Even the experts don’t quite know what’s going on.”
Speaking to a number of those experts Friday, Paul Volcker, a top economic adviser to President Barack Obama, cited not only the lack of understanding of the global financial meltdown but the “shocking” speed with which it had spread across the world.
“One year ago, we would have [...]

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