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Browse: Home / Wall Street

Wall Street

Bernanke's confirmation in doubt

By Mark Bahnisch on January 26, 2010

A number of US financial blogs are reporting that Ben Bernanke faces a chance of failure to be confirmed by the American Senate for a second term in office. James Bianco at The Big Picture has all the details, and [...]

Posted in International, Markets, Politics, USA | Tagged alan greenspan, barack obama, Ben bernanke, central banks, Fed, federal reserve, global finance, global financial crisis, gordon brown, health care, ideology, James Bianco, Markets, Massachussetts, Naked Capitalism, neo-liberalism, Politics, Scott Brown, Senate, The Big Picture, us economy, US politics, Wall Street | 15 Responses

Ted Kennedy's Massachusetts Senate seat lost: The politics of anti-politics

By Mark Bahnisch on January 20, 2010

News is just coming in that Ted Kennedy’s Senate seat in Massachusetts has been lost by the Democrat, Martha Coakley, to the Republicans’ Scott Brown. FiveThirtyEight.Com has the margin at 52-47 and that blog will be well worth watching for [...]

Posted in Culture, Foreign Elections, Politics, USA | Tagged anti-politics, barack obama, David Hirst, Democrats, filibuster, GFC, living standards, Main Street, Martha Coakley, Massachussetts, nate silver, Republicans, Scott Brown, Senate, special election, super majority, Ted Kennedy, unemployment, US politics, Wall Street | 88 Responses

Quiggin on social democracy and the current crisis; Obama's epic fail

By Mark Bahnisch on April 14, 2009

[Via Rob Corr] John Quiggin, with his customary acuity and clarity of thought, has outlined a social democratic agenda post the Global Financial Crisis in a paper [pdf] for the Whitlam Institute. A social democratic response to the crisis must [...]

Posted in Disasters, Economics, International, Markets, Policy, Sociology, USA | Tagged AIG, barack obama, credit markets, credit swap defaults, derivatives, economic policy, equity markets, G20, GFC, global financial crisis, ideology, John Quiggin, Larry Summers, Markets, Michael Perelman, neo-liberalism, Obama administration, Policy, practices, regulation, risk, social democracy, Tim Geithner, US government, Wall Street, Whitlam Institute | 84 Responses

Guest post by Andrew Crook: In a class of their own – Obama staffers and social change

By Guest Poster on January 27, 2009

In the 2005 “dramatic documentary” The American Ruling Class, big oil heir turned Harper’s editor turned armchair socialist Lewis Lapham narrates the career choices confronting a group of shiny young Yale graduates. With their future at the crossroads, Lapham asks, [...]

Posted in Activism, Ethics, Policy, Sociology, Technology, USA | Tagged Alain touraine, class, Ethics, Lewis Lapham, neo-liberalism, Obama administration, Obama staffers, Politics, public service, social change, social movements, Sociology, Technology, USA, Wall Street, welfare policy, West Wing | 4 Responses

The state of capitalism today III

By Mark Bahnisch on October 21, 2008

I can’t recall where I read this, but someone in one of the many interesting things written about the global financial crisis suggested that “Keynes” (of whom we’ve heard more lately than we’ve heard for a long time) might be [...]

Posted in Economics, International, Markets, Politics, Sociology, USA | Tagged Adam Smith, Bretton Woods, credit swaps, derivatives, economic policy, economic sociology, Economics, fiscal policy, global financial crisis, gordon brown, Joseph Stiglitz, Kevin Rudd, Keynes, Keynesianism, Markets, neo-liberalism, political economy, political sociology, sociology of knowledge, subprime mortgages, Wall Street | 24 Responses

The state of capitalism today II

By Mark Bahnisch on October 13, 2008

SocProf over at The Global Sociology Blog and I must be reading the same things, and thinking along similar lines, because I had planned to link to precisely the same articles she highlights in an update to my recent post [...]

Posted in Apocalypse, Disasters, Economics, Europe, Foreign Elections, International, Markets, Media, Nationalism, Politics, Sociology, USA | Tagged ALP, banks, Ben bernanke, Canadian election 2008, Capitalism, credit crisis, credit crunch, deregulation, economic crisis, economic policy, federal reserve, financial meltdown, financialisation, globalisation, gordon brown, Immanuel Wallerstein, interest rates, Kevin Rudd, krondatieff cycles, Labor, liquidity crisis, neo-liberalism, New Labour, political economy, politics & government, recession, regulation, social democracy, socialism, Sociology, stephen harper, stock markets, subprime mortgages, TARP, Tony Blair, us economy, US election 2008, USA Election 2008, Wall Street, Will Hutton, world economy, world systems theory | 28 Responses

The state of capitalism today

By Mark Bahnisch on October 9, 2008

Iceland may be a barometer for what’s changing in the world economy. It was only very recently that the Milton Friedman fan club was hailing Iceland as a “Nordic Tiger”, lauding its flat taxes and praising its “economic freedom”. “Economic [...]

Posted in Activism, Consumerism, Culture, Economics, Ethics, International, Markets, Media, Politics, Poverty, Sociology, USA | Tagged alan greenspan, ALP, Andrew Crook, banks, Ben bernanke, Bill Clinton, Capitalism, credit crisis, credit crunch, deregulation, economic crisis, economic policy, federal reserve, financial meltdown, financialisation, globalisation, gordon brown, Guy Rundle, Iceland, interest rates, Kevin Rudd, Labor, liquidity crisis, Mark Davis, Milton Friedman, neo-liberalism, political economy, politics & government, recession, regulation, social democracy, socialism, Sociology, stock markets, subprime mortgages, TARP, us economy, US election 2008, USA Election 2008, Wall Street, world economy | 89 Responses

Essential Research Labor 58-42; Interest rates cut by 100 basis points

By Kim on October 7, 2008

As a bit of an update to my post last night, the Essential Research poll is now out, basically showing no change from last time. Possum has more on all the other questions asked. So, we can now be more [...]

Posted in Economics, Markets, Media, Polls | Tagged ALP, cash rate, Coalition, economic crisis, financial markets, interest rate cut, interest rates, Kevin Rudd, Labor, liberal leadership, Liberal Party, Malcolm Turnbull, Newspoll, Polls, psephological analysis, Reserve Banks, Rudd government, Wall Street | 10 Responses

No early Newspoll; interest rates to be cut

By Kim on October 7, 2008

I wonder if no Newspoll is bad news for the pollsters and those who own them. This must be the first Monday in living memory (well, since anyone started paying attention to this stuff before last year’s campaign) when there [...]

Posted in Economics, Markets, Media, Polls | Tagged ALP, cash rate, Coalition, economic crisis, financial markets, interest rate cut, interest rates, Kevin Rudd, Labor, liberal leadership, Liberal Party, Malcolm Turnbull, Newspoll, Polls, psephological analysis, reserve bank, Rudd government, Wall Street | 17 Responses

"The gloves are off"

By Mark Bahnisch on October 7, 2008

The McCain campaign has gone into full on negative smear mode, with Governor Sarah Palin playing the traditional attack role of the Vice-Presidential candidate. Apparently Obama has been consorting with terrorists, because he once knew a member of the Weathermen [...]

Posted in Economics, Foreign Elections, Markets, Sociology, USA | Tagged barack obama, Bill Ayers, Culture Wars, domestic terrorism, financial crisis, John McCain, negative campaigning, Rev. Wright, sarah palin, Sociology, us economy, US election 2008, USA Election 2008, Wall Street, weatherman, Weathermen | 108 Responses

Liveblogging the House debate on the TARP bailout bill

By Kim on October 4, 2008

Earlier on tonight, the indications were that the US House of Representatives would be voting around 2am AEST on the revised version of the TARP bailout bill (with extra billions of dollars in pork to attract lawmakers’ votes – added [...]

Posted in Blogging, Economics, Foreign Elections, Markets, USA | Tagged Congress, credit crisis, financial markets, henry paulson, House of Representatives, John McCain, liveblogging, Paulson bailout, TARP, us economic crisis, US election 2008, us treasury, USA Election 2008, Wall Street | 8 Responses

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