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Tag Archives: Hank Paulson

The Secret History Of The Banking Crisis

Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for? - Click to enlarge It is a decade since the first tremors of what would become the Great Financial Crisis began to convulse global markets. Across the world from China and South Korea, to Ukraine, Greece, Brexit Britain and Trump’s America it has shaken...

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Share buybacks and dividends with borrowed money: Cure Worse than the Disease

  A Week to Remember Today we look back to the recent past with singleness of purpose.  Context and edification for the present economy is what we’re after.  We have questions… How come the recovery has been so weak?  Why is it that, nearly seven years after the official end of the Great Recession, the economy’s still mired in a soft muddy quagmire?  Squinting, focusing, and refocusing, there’s one particular week that rises above all others. Photo credit: Talks at Google Hank the...

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