Ukraine Under Water to IMF

December 12th, 2014
Michael Collins The Financial Times broke a major story yesterday about the Ukraine and its benefactor, the International Monetary fund. FT revealed the shocking truth of the financial crisis. The $15 bn in IMF loans provided to Ukraine are at risk.… more »

At our expense

October 15th, 2013
Michael Collins The drama of the government shutdown and threatened default on government obligations is entirely unnecessary. It is also harmful to the people of the United States. Government workers and contractors are idle and without income. Their… more »

Debt Ceiling Disaster - Crazy or Criminal?

January 9th, 2013
By Michael Collins (Washington, DC 1/9/13) Let's say that on a Monday, you sit down and take a hard look at your finances. Your bills exceed your income, assets are just a feint memory, and there is no relief in sight. Reluctantly, you decide that your… more »

Morgan Stanley Just Walks Away from Huge Mortgages

December 19th, 2009
If you did that, they'd call it immoral Michael Collins Over at The Agonist, Numerian offered up a short, powerful explanation of what's happened with Wall Street bailout recipient, Morgan Stanley. The former investment bank bought five properties in… more »

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