Tag Archives: larry summers


The Second Wave of The Depression: Hyperinflation is Likely

Center for Research on Globalization – The second wave of the world economic depression is coming soon. Larry Summers, the economics czar of the Wall Street puppet regime currently in power in Washington, recently confessed to the Financial Times in […]

Senate Gives Obama Victory, Allows Distribution of $350 Billion in TARP

New York (HedgeCo.Net) – President-elect Barack Obama has been granted permission to dole out the second half of the $700 billion in the Troubled Asset Relief Program, after a vote of confidence from the Senate.  They shot down a resolution […]

Obama’s Treasury to Restrict Dividends, Executive Pay

New York (HedgeCo.Net) – Financial institutions that have received generous assistance from Congress may be forced to restrict executive compensation and their dividends, if Barack Obama and his new Treasury have their way. “Those receiving exceptional assistance will be subject […]