The following is the text of  James Galbraith‘s written statement to members of the Senate Judiciary Committee delivered a few days ago. At its heart,
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In December 2008 Global Financial Integrity produced its analysis entitled “Illicit Financial Flows from Developing Countries: 2002-2006.” It showed that some $850 billion to $1
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FT.com / Europe – Europe agrees rescue package . Global financial authorities launched an audacious package of measures in the early hours of Monday morning
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Nick Clegg espouses two ideas from this blog on the leader’s debate. The first is an extra 10% tax on banks. The second is to
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Compass and the New Economics Foundation — two organisations with whom I work — have published a report entitled Better Banking. The whole text is
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On Lloyds I was in Derry in Northern Ireland yesterday to attend the conference of the Northern Ireland Committee of the Irish Congress of Trade
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So Greece has had its debt downgraded. What an opportunity for profit for the financial markets. What a disaster for the people of Greece. And
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Martin Wolf wrote in the FT last week: Can we afford our financial system? The answer is no. Understanding why this is so is a
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FT.com / Companies / Banks – HSBC seeks bank levy plan backing. HSBC is seeking support for a plan to direct any industry-wide bank levy
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