Obama vs. the Wall Street bigwigsWall Street thinks Barack Obama is an anti-capitalist, Obama thinks he’s saving Wall Street from itself. Check out this fascinating article into the tumultuous relationship between Obama and the banks.
Paul Volcker
Improved Volcker plan still doesn’t go hard enough
With the mooting of the Volcker Rule, it appears that finally the Obama Administration is taking the long-awaited stick to Wall Street.
Economy gets a free kick by not holding the bull
It has been a very good year to be a bull, with share markets across the world rebounding with incredible haste. The US market is all the more astonishing when compared to 1982, the last significant economic slump.
New taxes and breaking up the banks: Obama’s adviser spills on US economy
Paul Volcker is a senior economic adviser to Barack Obama, former chairman of the Federal Reserve and chair of the US Economic Recovery Advisory Board. Der Spiefel interview him about the current state of the US economy. Can it return to its previous prime?
