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£13 trillion hoard hidden from taxman by global elite

On July 21, 2012, in Greed, by Editor

Study estimates staggering size of offshore economy. Private banks help wealthiest to move cash into havens. – By Heather Stewart, The Guardian, UK The Cayman Islands: a tax haven for the rich and corrupt. A global super-rich elite has exploited gaps in cross-border tax rules to hide an extraordinary £13 trillion ($21tn) of wealth offshore […]

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Why I Am Leaving Goldman Sachs

On March 14, 2012, in Greed, by Editor

- By Greg Smith, The New York Times, US TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand […]

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Trader was not a hoaxer, says BBC

On September 27, 2011, in Greed, by Editor

A financial trader who appeared on the BBC and said he dreamed of making money from another recession was not a hoaxer, the broadcaster has said. BBC Website, UK Users of Twitter have cast doubt on Alessio Rastani’s credentials. But the BBC said: “We’ve carried out detailed investigations and can’t find any evidence to suggest […]

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The Greed Game – Part 7

On August 19, 2011, in Greed, by Editor

Wisdom Level:  Intermediate Overview: This video series was produced by the BBC and takes a look behind the scenes of what led to the GLOBAL Economic Recession in 2008. Commentary: BBC Economics Presenter Robert Peston does an excellent job of breaking down and explaining the finer details of how the 2008 Economic Recession began while […]

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The Greed Game – Part 6

On August 19, 2011, in Greed, by Editor

Wisdom Level:  Intermediate Overview: This video series was produced by the BBC and takes a look behind the scenes of what led to the GLOBAL Economic Recession in 2008. Commentary: BBC Economics Presenter Robert Peston does an excellent job of breaking down and explaining the finer details of how the 2008 Economic Recession began while […]

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The Greed Game – Part 5

On August 19, 2011, in Greed, by Editor

Wisdom Level:  Intermediate Overview: This video series was produced by the BBC and takes a look behind the scenes of what led to the GLOBAL Economic Recession in 2008. Commentary: BBC Economics Presenter Robert Peston does an excellent job of breaking down and explaining the finer details of how the 2008 Economic Recession began while […]

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The Greed Game – Part 4

On August 19, 2011, in Greed, by Editor

Wisdom Level:  Intermediate Overview: This video series was produced by the BBC and takes a look behind the scenes of what led to the GLOBAL Economic Recession in 2008. Commentary: BBC Economics Presenter Robert Peston does an excellent job of breaking down and explaining the finer details of how the 2008 Economic Recession began while […]

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The Greed Game – Part 3

On August 19, 2011, in Greed, by Editor

Wisdom Level:  Intermediate Overview: This video series was produced by the BBC and takes a look behind the scenes of what led to the GLOBAL Economic Recession in 2008. Commentary: BBC Economics Presenter Robert Peston does an excellent job of breaking down and explaining the finer details of how the 2008 Economic Recession began while […]

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The Greed Game – Part 2

On August 19, 2011, in Greed, by Editor

Wisdom Level:  Intermediate Overview: This video series was produced by the BBC and takes a look behind the scenes of what led to the GLOBAL Economic Recession in 2008. Commentary: BBC Economics Presenter Robert Peston does an excellent job of breaking down and explaining the finer details of how the 2008 Economic Recession began while […]

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The Greed Game – Part 1

On August 19, 2011, in Greed, by Editor

Wisdom Level:  Intermediate Overview: This video series was produced by the BBC and takes a look behind the scenes of what led to the GLOBAL Economic Recession in 2008. Commentary: BBC Economics Presenter Robert Peston does an excellent job of breaking down and explaining the finer details of how the 2008 Economic Recession began while […]

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