Below you'll find a list of all posts that have been tagged as “Bank of America Merrill Lynch”
This is the tongue-in-cheek, double entendre title of a new book by Rickey Gard Diamond, writing about how women have been systematically denied equal treatment in the economy. She and Ellen discuss EconoMan, the avatar for the economic powers-that-be who are a small group of privileged males which “just expect” to be in control and expect women to work for less, or …
It’s not an oxymoron. We need banks for quite a number of our civic, economic and personal lives. Bank’s role is so important to communities that it would be tough to live with them, which is why we say that banks need to belong to the public and serve as public utilities. We talk with IvanFrischberg of Amalgamated Bank, a 100 year …
Crypto currencies will likely change the future of banking in transformative ways, and there’s even a chance that it could help democratize citizen’s control of their money. Ellen is just completing a book on the subject and discusses how technology is changing the banking landscape. Meanwhile, we welcome noted economist Michael Hudson to the show to disclose in no …
Complimenting last week show’s review of key economic events of 2016 and economic predictions for 2017, Rasmus provides a similar overview of key political events in 2016, their likely continuing impact into this year, and his political predictions for 2017. Discussion includes the Trump victory in 2016 and the Democratic Party’s corresponding implosion at national, state and local levels. Rasmus predicts Trump quick legislative successes passing multi-trillion dollar corporate-investor tax cuts, gutting Obamacare, and repealing Dodd-Frank. On foreign policy, Jack predicts a deal with Russia over Syria, a continuing Trump ‘hard pivot’ to China already underway, a shift in US policy to allow Japan to remilitarize, and new US initiatives toward Taiwan, South Korea, Philippines and Australia as Trump attempts to ‘soften up’ China before engaging in bilateral renegotiation of the US-China relationship. Europe and Latin America key events in 2016 are reviewed, including Brexit, the Italian Referendum, and US-assisted legal coup d-etats in Argentina, Brazil, and efforts to destabilize Venezuela. Jack predicts elections in France, Netherlands, and Italy next year, and a renewed Greek debt crisis, will further destabilize Europe politically. Anti-US and Europe sentiment in Turkey could result in resumption of mass immigration. A National Front party victory in France will ensure the unraveling of Europe. Jack further predicts Trump will go slow on NAFTA and TPP and shift to negotiating bilateral free trade deals, go slow on the Iran treaty and strike a ‘deal’ on east Europe (including Ukraine) with Russia. Immigration policy will begin deporting millions, and a crackdown on civil liberties will result in more intense police action against protestors like Black Lives Matter and Standing Rock. The feud between Trump and the US mainstream media (Times and Post) will continue, as the latter continue to build a case against Trump in the longer run.
Ross Rosenberg returned to the show – this time with even more passion about narcissism in light of the recent election. His best-selling book “The Human Magnet Syndrome: Why We Love People Who Hurt Us”
Investment banks such as Goldman Sachs, Bank of America, and J.P. Morgan, philanthropies such as the Rockefeller Foundation, politicians such as Chicago Mayor Rahm Emanuel and Massachusetts former governor and now Bain Capital Managing Director Deval Patrick, and elite universities such as Harvard have been aggressively promoting Pay for Success (also known as Social Impact Bonds) as a solution to …
Finance ministers and central bankers from the world’s biggest economies met in Shanghai, China over the weekend to discuss many of the problems for which they alone are responsible. Leading the list of issues, was the steady deceleration in global growth which, to great extent, is the result of experimental monetary policies central banks implemented following the recession in 2009. …
Serial capital raiser Deutsche Bank (which tapped the markets first here in 2008 and then, oopsie, we’re still a little bit short of the readies again here in 2014) is telling anyone who’ll listen that it really doesn’t need any more capital. But who knows? Over to Deutsche’s regional head of Group Audit: Mr Roesch, the regional head of Group Audit, set out, in an …
Last month as Hillary Clinton was leaving a town meeting in Manchester, Lee Fang of the Intercept asked her if she would release the transcripts of her paid, and very private speeches to Goldman Sachs, the Wall Street powerhouse historically deep in Washington, D.C., influence-peddling. Mrs. Clinton just laughed. It is probably a good bet that her laugh was masking …
The year 2016 has hardly begun and the losses in different stock markets around the world care colossal: nearly 8 trillion US dollars during the first three weeks of January according to the calculations of the Bank of America Merrill Lynch. The Government of the United States made addicts of investment banks of policies of cheap credit. And now that …
