Sunday, September 18, 2011

Bank of America to fire 30000 employees

Inside Story - Debt and divisions in the Eurozone

From: AlJazeeraEnglish  | Sep 18, 2011 
What threat do disagreements between Eurozone leaders pose to resolution of the European debt crisis?

Counting the Cost - Who will save the euro?

From: AlJazeeraEnglish  | Sep 17, 2011 
Italy is going around cap-in-hand to ask for help but where is it headed - Germany, France or China?

UBS - London trader loses $2 billion

From: RTAmerica  | Sep 15, 2011

Matt Taibbi on the "Rogue Trader" banking scandal at UBS

Sep 16, 2011 by

"Countdown" guest host David Shuster and Rolling Stone contributing editor Matt Taibbi discuss the "Rogue Trader" scandal at UBS. Kweku Adoboli, a 31-year-old trader for the Swiss bank, is under arrest in London on charges of losing $2 billion in unauthorized trading. Taibbi says the financial industry is too powerful in Washington right now for politicians to pass any meaningful legislation that might prevent this kind of scandal.

Keiser Report: Flaming Banks, Burned-Out Economy

By on Sep 17, 2011

This week Max Keiser and co-host, Stacy Herbert, report on massive defaults and flaming banks in America where income inequality is forcing manufacturers to change their product lines. In the second half of the show Max talks to Aaron Krowne of about mortgage lending fraud and government complicity.