Gary Cohn: The reasons for Los Angeles’ comparatively good financial condition include a legal groundwork laid years ago that required specific funding safeguards, recent give-backs from public sector unions and an improving economy.
t must have seemed like a good idea at the time, when Senators Chris Dodd and Barney Frank drew up the landmark regulatory bill that bears their names. One of its lesser-known provisions required U.S. companies to list the inclusion of any “conflict minerals,” mined in or near the violence-plagued Democratic Republic of the Congo, [...]
Ellen Brown: The burgeoning debts of the Eurozone countries are being blamed on their large welfare states, but these social systems were set up before the 1970s, when European governments had very little national debt. Their national debts shot up, not because they spent on social services, but because they switched bankers.
What do survivors of 9/11, David Beckham, and Paul McCartney have in common? They all claim their phones were hacked by Rupert Murdoch’s News Corp. in a scheme to obtain personal information, which allegedly involved bribing police.