Global Economic Crisis

Worldwide Banking Resignations Triple According to Revised Numbers: Why Now?

Worldwide Banking Resignations Triple According to Revised Numbers: Why Now?

On March 6, 2012, Brandon Turbeville from Activist Post wrote an article entitled “Mass Banking Resignations Signal A Purging Has Begun?” where he included a list of banking directors, CEOs, and board members of both national and international financial institutions standing who have resigned from their post since September 2011. The data was collected and […]

Global economy could lose up to 51 million jobs this year

Global economy could lose up to 51 million jobs this year

The International Labor Organization (ILO), a branch of the United Nations concerned with labor and workers’ rights issues, issued a report Wednesday explaining how the global economic crisis could create a global employment crisis by the end of the year. “By the end of 2008 working poverty, vulnerable employment and unemployment were beginning to rise […]

Frontline Inside The Meltdown

FRONTLINE investigates the causes of the worst economic crisis in 70 years and how the government responded. The film chronicles the inside stories of the Bear Stearns deal, Lehman Brothers collapse, the propping up of insurance giant AIG and the $700 billion bailout. It also examines what Treasury Secretary Henry Paulson and Federal Reserve Chairman […]