commodities

the Web Editors 11-07-2011
Chris Hedges. Image via Wiki Commons.

Chris Hedges. Image via Wiki Commons.

Chris Hedges' statement on Occupy Wall Street read in part:

As part of the political theater that has come to replace the legislative and judicial process, the Securities and Exchange Commission agreed to a $550 million settlement whereby Goldman Sachs admitted it showed "incomplete" information in marketing materials and that it was a "mistake" to not disclose the nature of its portfolio selection committee. This fine was a payoff to the SEC by Goldman Sachs of about four days' worth of revenue, and in return they avoided going to court. CEO Lloyd Blankfein apparently not only lied to clients, but to the subcommittee itself on April 27, 2010, when he told lawmakers: "We didn't have a massive short against the housing market, and we certainly did not bet against our clients." Yet, they did.

Elizabeth Palmberg 02-11-2011
[Editors' note: This post is taken from a letter Sojourners associate editor Elizabeth Palmberg sent to the folks who create National Public Radio's Planet Money podca
Elizabeth Palmberg 11-29-2010
This year Congress finally passed reform that can get some of Wall Street's most damaging and harebrained schemes under control -- but only if the ground-level regulations written to implement the
Elizabeth Palmberg 11-09-2010
California's teachers are helping lead the way in recognizing that gambling on hunger is a way to lose your money -- and to hurt the world's poorest people.
Elizabeth Palmberg 11-02-2010

Imagine a world in which Wall Street decided that vaccines were a good investment -- not pharmaceutical companies, but doses of medicine themselves. Speculators might start hoarding a mixed portfolio of polio, tetanus, and swine flu vaccines in a refrigerated warehouse.

Like many others who are currently unemployed or partially employed, this seminary graduate finds herself with unexpected time on her hands.
Eugene Cho 12-28-2009
Have you seen the two videos below produced by Dove?

Subscribe