Tag Archives: financial crisis

Brain study finds what eases pain of financial loss

Kate Kelland Reuters Financial market traders and keen gamblers take note. Scientists have found that a chemical in the region of the brain involved in sensory and reward systems is crucial to whether people simply brush off the pain of … Continue reading

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Inside Story – Rigged bank rates: Is there more to come?

Al Jazeera In the wake of the bank rate-rigging scandal, Bob Diamond, Barclays chief executive, announced his resignation from the post with immediate effect, on Tuesday. In a statement, Diamond, who faced mounting calls to step down, said he made … Continue reading

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European crisis boosts illegal trade in body parts

Jared Yee BioEdge The financial crisis in Europe has sparked an increase in the trade of human body parts, as families and individuals scramble to put food on the table. Experts say that the black market for human organs — … Continue reading

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Grassley Asks DOJ Again if They’ve Taken Action Against Wall Street

Blog of Legal Times Sen. Chuck Grassley (R-Iowa) is pushing the Department of Justice for details on what it has done to pursue criminal charges against the major Wall Street banks and executives who he says are responsible for the … Continue reading

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We’re really losing pounds: How recession makes you thin… and it’s mystifying the experts

Jo Macfarlane Daily Mail People are not only tightening their belts financially – obesity figures have fallen since the start of the recession. A study has found that the number of people who have become dangerously overweight halved in the … Continue reading

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Aftermath of a crisis (Bregtje van der Haak, VPRO Backlight 2011)

VPRO International Shortly after the beginning of the financial crisis of 2008 sociologist Manuel Castells gathered a small group of international topintellectuals to ponder the crisis. While the crisis expanded, Castells named his group ‘The Aftermath Network’, a reference to … Continue reading

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Bavarian Fairy Tale – Europe

While most of Europe is mired in financial crisis, the German state of Bavaria is booming. As exports rise and unemployment reaches a 20-year low, they wonder why the Greeks can’t follow their lead. As the rest of Europe is … Continue reading

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Barroso to China: EU is not falling apart

Andrew Rettman EUObserver BRUSSELS – European Commission chief Jose Manuel Barroso has told the Chinese public that the EU is going to become a fully-fledged “political union” after the financial crisis. Speaking to TV cameras after a meeting with Chinese … Continue reading

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Why Do Dangerous Financial Criminals Roam Free?

Source: AlterNet Prosecutors like Eric Schneiderman need cops on the beat to put financial crooks behind bars. But thanks to Bush, these cops are missing in action. American Public Media’s “Marketplace” had a recent segment focused on why it has … Continue reading

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IMF to stress test Australian banks

Source: SMH Australia’s banks will endure mandatory stress tests imposed by the International Monetary Fund (IMF) to ensure they can withstand another financial crisis. The IMF has targeted the financial systems of Australia and 17 other countries to undergo rigorous … Continue reading

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