The rich seek refuge: New Art Buyers Boost 2011 Sales to $1.7 Billion (Bloomberg) Occupy's Rose Parade float: 70-foot octopus of corporate greed (LA Times) Resolutions: Saving the New...
Perfect timing: Is Congress trading stock on inside information? (60 Minutes, CBS) Capitol gains: Congress and stocks: Does it matter? (Atlantic) Fee for all: Banks Quietly Ramping Up Costs...
The housing crisis just keeps grinding on. Home prices fell in three-quarters of U.S. cities in the third quarter, by double digits in some places, according to the latest...
The "safe" side: The Truth About Crime And Sexual Assault At OWS (Business Insider) Too big for bonuses: End Bonuses for Bankers (Taleb, NY Times) $1 million medallion: Taxi...
Lending bubble: China Credit Squeeze Spurs Suicides, Violence (Bloomberg) What caused the crisis? The Big Lie goes viral (The Big Picture) Do I hear 10 years?: The Trials of...
How long?: Occupy Wall Street Protest Reaches a Crossroads (NY Times) Occupy My Wallet: Moving Money Off Wall Street (Bloomberg PF) Plight of the puppeteer: Not From the Onion...
Update: Pop! Groupon opens at $28, 40% above the $20 offering price. That would put it at #17 on the chart, tied with TAL and Yandex. Groupon increased the...
The basic storyline about MF Global seems to be solidifying: ex-Goldmanite Jon Corzine digs into a hole and blows up a company with risky bets on sovereign debt. Just another...
Update: Banks fold: BofA Eliminates Plan for $5 Debit-Card Fee (Bloomberg) Making Volcker's point: MF Global Exposes Trading Risk (Bloomberg) Gimme shelter: Homeless Stake a Claim at Protests (NY...
Update: Broker-dealer gone bust: MF Global Files for Bankruptcy Protection (Bloomberg) Arrests update: Recapping A Clash Between Denver Police and Protesters (Atlantic) Bankers as black hats: In The Halls...
On second thought: Wells Fargo Cancels $3 Monthly Debit-Card Fee (Bloomberg) Foreclosure mill's ghoulish party: What the Costumes Reveal (NY Times) From Iran's Greens: 10 ways OWS can Excel...
Occupy the world: Why Many in China Sympathise with Occupy Wall Street (The Atlantic) Behind the mask: David Graeber, the Anti-Leader of Occupy Wall Street (BusinessWeek) He's not alone:...
Oakland and elsewhere: Cities Begin Cracking Down on 'Occupy' Protests (NY Times) Casualty report: Veteran Scott Olsen Could Be First To Die At a Protest (Business Insider) Political fallout:...
The Robin Hood Tax is a levy on financial transactions that would be charged on trading in instruments from stocks to exotic derivatives. The tax (RHT for short, or,...
Random links to enrage or reaffirm faith in capitalism, depending on your point of view: How Mitt Romney remade Corporate America: The Romney Economy (New York) IRS closes in on...
Last week, as Occupy Wall Street was occupied with Wall Street's misdeeds, Wall Street itself was occupied with earnings. These have proved so opaque that if the financial press ended...
"The Wealth Debate" is a running discussion of wealth, poverty, the economy and income inequality in the U.S. and the world. It was started shortly after the Occupy Wall Street movement sparked a global protest about the fallout from the financial crisis and money in politics. You can reach the editors, Dan Beucke and Mark Gimein, by email, or follow BloombergNow on Twitter to keep up with posts.
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