Showing posts with label Nouriel Roubini. Show all posts
Showing posts with label Nouriel Roubini. Show all posts
Thursday, July 1, 2010
Quote of the day--on Washington, our representatives and financial reform
From The New York Times Book Review, last Sunday:
Politicians in Washington are mesmerized by Wall Street campaign dollars and terrified of being branded 'socialists.'
To our peril, I might add.
Link to original post:
http://www.nytimes.com/2010/06/27/books/review/Barrett-t.html
Wednesday, June 30, 2010
Quote of the day --on Citigroup (or as Bill Maher says "Shittygroup")
"Citigroup...repeatedly rescued by the government since the Great Depression...shouldn't continue in its current unmanageable form...Any bank that needs that much help doesn't deserve to exist."
--Nouriel Roubini and Stephen Milm, from their new book "Crisis Economics: A Crash Course in the Future of Finance", quoted from The New York Times Book Review this past Sunday
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