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Word: bankses (lookup in dictionary) (lookup stats)
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Clive Owen, your standard-issue obsessed movie hero, fights for the length of The International to bring down the rogue bank IBBC, which has committed financial and war crimes on a vast scale. Don't waste your time, or your life, says bank biggie Armin Mueller-Stahl. "The system guarantees...

Author: /time Magazine | Title: The International: The Banker As Bad Guy | 2/12/2009 | See Source »

In two decades, the mantra about Wall Street has gone from "Greed is good" to "Banks are bad." The winds of a new Depression demand that that salutary trend of the movie '30s be revived. Oliver Stone, get to work. In the meantime, with brilliant bloody timing, here comes The...

Author: /time Magazine | Title: The International: The Banker As Bad Guy | 2/12/2009 | See Source »

There are two aspects of the ongoing recession that may come as a surprise to some observers as events unfold. The first will be the failure of central banks to re-ignite credit growth in the ailing banking system. The second will be the failure of governments' debt expansions to...

Author: /time Magazine | Title: Bet on Bonds | 2/11/2009 | See Source »

In our view, yields on U.S. 10-year Treasury notes will fall to between 1.5% and 2% by the end of 2009. This is because the banks are broken and their customers are keen to spend less. The monetary base, the money element that the Fed can control, is a...

Author: /time Magazine | Title: Bet on Bonds | 2/11/2009 | See Source »

Yields are also bound to go lower because demand for U.S. government debt will easily match supply, even though Washington must sell hundreds of billions of dollars in bonds in coming months to fund stimulus measures and bank rescues. Consider the uncanny parallel between the composition of assets on bank...

Author: /time Magazine | Title: Bet on Bonds | 2/11/2009 | See Source »

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