Posts Tagged ‘GE’

News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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‘Wall Street banks are reaping outsized profits by trading with the Federal [sic] Reserve,’ Henny Sender reports today. The FED is one of Wall Street biggest customers for shit with no value. “You can make big money trading with the government,” said an executive at a leading investment management firm. “The government is a huge buyer and seller and Wall Street has all the pricing power.”

If you’re unsure how this works, msnbc’s Dylan Ratigan recently broke it down real well (8:39):

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Kevin Carson breaks down the hypocrisy of the Democratic Party ‘philosophy’.

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