Monthly Archives: May 2011

How ‘Reckless” greed contributed to financial crisis

Gretchen Morgenson, who covers world financial markets for The New York Times, has been untangling the complex foreclosure mess and efforts to reform government regulations on Wall Street for several years. Now Morgenson and co-author Joshua Rosner have written a … Continue reading

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Irish Bombshell – Govt raids private pensions

The Irish government plans to institute a tax on private pensions to drive jobs growth, according to its jobs program strategy, delivered today http://www.businessinsider.com/irish-bombshell-government-raids-private-pensions-to-pay-for-jobs-program-2011-5

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Oil plummets as commodities battered

Oil plunged more than 8 percent on Thursday, heading for the third biggest daily drop in dollar terms on record, as concerns about economic growth and monetary tightening spurred a sell-off in commodities. http://www.stuff.co.nz/business/market-data/4969781/Oil-plummets-as-commodities-battered

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