Financial crisis news

This video from the USA says about itself:

Former Lehman Brothers CEO Richard Fuld tries to defend his salary and bonuses.

While the company was circling the drain and investers were losing their shirts, he took $480 million and had the nerve to say (about his options) “if I didn’t take them, I would have lost them”.

There is more financial crisis news today.

Rate cuts, UK bank bailout fail to stem global financial panic: here.

Labour government pledges up to £500 billion for Britain’s banks: here.

Canada’s prime minister admits jobs and savings in peril: here.

Germany: Government fears crisis will spur political radicalisation: here.

CODEPINK in the USA on the economic crisis: here.

1 thought on “Financial crisis news

  1. Pingback: McCain’s negative campaigning, Mark Fiore animation | Dear Kitty. Some blog

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