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Bush End Game
George W. Bush's presidency since 2007

Bush - Second Term
George W. Bush's presidency from 2005-06

Bush - First Term
George W. Bush's presidency, 2000-04

Who Is Bob Gates?
The secret world of Defense Secretary Gates

2004 Campaign
Bush Bests Kerry

Behind Colin Powell's Legend
Gauging Powell's reputation.

The 2000 Campaign
Recounting the controversial campaign.

Media Crisis
Is the national media a danger to democracy?

The Clinton Scandals
Behind President Clinton's impeachment.

Nazi Echo
Pinochet & Other Characters.

The Dark Side of Rev. Moon
Rev. Sun Myung Moon and American politics.

Contra Crack
Contra drug stories uncovered

Lost History
America's tainted historical record

The October Surprise "X-Files"
The 1980 election scandal exposed.

From free trade to the Kosovo crisis.

Other Investigative Stories



Why Global Capitalism Crashed

October 7, 2009

Wall Street – and much of the U.S. political/media elite – are resisting the hard lessons and the tough steps that could protect the global economy from another financial meltdown like the one that pushed the world to the brink of another Great Depression.

Jomo Kwame Sundaram, better known as Jomo KS, a senior United Nations economist, said the crisis could be traced back to the repeal of U.S. banking regulations that had been in place since the Great Depression of the 1930s.

(The story summary continues below.)

More at The Real News

The regulatory repeal, which broke down the barriers between commercial and investment banks, contributed to an overheated financial sector that “accounted for 15 percent of the economy, but had 40 percent of the profits,” said Jomo KS. In his view, the aftermath of the crisis requires a new set of regulations that can constrain excessive risk. is an independent news network that produces stories of global interest. 

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