SMH:Banking problems bigger than pre-Lehman says Stiglitz

Nobel Prize-winning economist Joseph Stiglitz says the US has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers.

“In the US and many other countries, the too-big-to-fail banks have become even bigger,” Stiglitz said in an interview overnight in Paris. “The problems are worse than they were in 2007 before the crisis.”

Popularity: 87% [?]

The Guardian: The mystery of Tony Blair’s finances

The former prime minister Tony Blair has received millions of pounds through an unusual mixture of commercial, charitable and religious income streams. Since he stepped down from office in 2007, his financial affairs have been described by observers as “Byzantine” and “opaque”. The Guardian is now launching an online competition offering a prize to the person who can shine the brightest light on those financial structures.

Blair has a commercial consultancy, called Tony Blair Associates, plus jobs advising a US bank and a Swiss insurer. He has a multimillion pound book deal. He also has a charity, the Tony Blair Africa Governance Initiative, and another called the Tony Blair Faith Foundation. But much of the income, which includes charitable donations from other sources, has been funnelled through a structure called Windrush Ventures No 3 Limited Partnership. Our contest asks: what is Windrush?

Popularity: 40% [?]

The Man with 900 Houses

Ross Ashcroft catches up with Britain’s Buy to Let King Fergus Wilson.

A man who bizarrely seems to be totally in the dark to the underlying mechanisms that drive the property market.

Popularity: 60% [?]

Introducing the Renegade Economist Podcasts

Keep in the know with news and information from our new Podcast offering.  See what we will be sharing with you in this introduction by Fred Harrison.

Popularity: 100% [?]

Navigating the Depression of 2010 Workshop

The Renegade Economist team presents an opportunity to learn what’s about to happen in the domestic and global economy, and …

Popularity: 73% [?]