Meltdown: The Secret History of the Global Financial Collapse

We recently posted the first part of a superb four-part documentary on the forces behind the financial meltdown. A production of the Canadian Broadcasting Corporation (CBC), the series is currently being aired in installments on Al Jazeera but can be viewed on the CBC website in its entirety by clicking here.

The four installments appear in reverse order on the site; start with the video listed fourth from the top (Meltdown: The Men Who Crashed the World), followed by Parts II (A Global Tsunami), III (Paying the Price), and IV (After the Fall).

UPDATE: The CBC website has been rearranged. Click on the following links to watch the film on YouTube:

Part I, Part II, Part III, Part IV.

The People vs Goldman Sachs

Matt Taibbi has just published a major new investigative piece on Goldman Sachs, “The People vs Goldman Sachs,” in the new issue of Rolling Stone. Following are some of Taibbi’s media appearances to discuss the article.

Continue reading “The People vs Goldman Sachs”

Is there a chance of another economic meltdown?

Gerald Epstein: Real message of S&P downgrade of US debt outlook is threat of another meltdown of finance sector.

Meanwhile, Goldman Sachs, the investment giant that brought you the financial crisis and world food crisis, is lobbying to weaken the Volcker rule, which is designed to limit banks from speculating with their own money.

Continue reading “Is there a chance of another economic meltdown?”

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