Bonus scandal and the bailout fraud
Published: 12 February, 2009, 19:50
Edited: 12 March, 2010, 15:45
A banker told me he’s sick of people complaining about bonuses. And he’s sick of people blaming the banks for the financial crisis.
breakingnews
The Institute of Contemporary Development has blamed Russia's financial crisis on “fundamental, structural flaws in its economy,” which have “nothing to do with the West,” slamming bailouts for inefficient industries.
In a second round of bank bail-outs, Prime Minister Putin this week approved $28 billion in fresh liquidity. But unlike previous banking bailouts its emphasizing the funds don’t get used to speculate against the Rouble.
11.02.2009, 04:47
1 comment
In 2009 we’re going to see the worst economic collapse ever, the ‘Greatest Depression’, says Gerald Celente, U.S. trend forecaster.
Barack Obama is struggling to win the support of a divided Congress for his economic recovery package. He says if lawmakers fail to approve the plan, America will plummet into economic catastrophe.
29.10.2010, 09:50
3 comments
At a Brussels summit, EU leaders have agreed to prepare changes to the organization's fundamental Lisbon Treaty, involving tougher financial discipline and punishment for overspenders.
31.10.2010, 08:21
6 comments
Russia and Vietnam have cemented their relations by signing a deal to construct Vietnam’s first ever nuclear power station.
15.10.2010, 15:55
6 comments
Moscow and Caracas stand for forming a fair world order that would not depend on the wishes and prosperity of just one country, President Medvedev said, following talks with Venezuelan leader Hugo Chavez.
23.06.2009, 10:39
14 comments
Webster Tarpley, journalist, radio host and critic of the Obama administration, reveals to RT who he thinks really rules the United States.
14.10.2010, 00:42
3 comments
While 14 million Americans are unemployed and 1 in 7 Americans are living in poverty, one group isn’t doing too badly.
Sibirtelecom, telecom provider in Russia’s Siberia, has posted a 1H 2009 Net Profit of 851 million Roubles.
Published: 12 February, 2009, 19:50
Edited: 12 March, 2010, 15:45
A banker told me he’s sick of people complaining about bonuses. And he’s sick of people blaming the banks for the financial crisis.