By Jeremy Lucas | Business, Documentary, Editorial
One of the great debates that “The Love of Money” and “Too Big To Fail” bring up is whether or not bailing out the banks was a good idea, or a bad idea. Would the economy have been better served if Lehman Brothers had been saved, or was it a right decision to let the
Tags: bailout, banks, deregulation, economy, hank paulson, henry paulson, jon stewart, lehman brothers, mortgages, recession, regulation, Remembering The Great Recession While Still Living In It, risk, subprime, subprime mortgages, tarp, too big to fail, wall street
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By Jeremy Lucas | Business, Editorial, Film
Movies are an important part of our life. Because of their easy-to-understand language, they’re consumed on a mass-level, and because they engage us, they stay with us. Because of that, film plays an extremely important part in the public memory of an event. I know a lot more about the Titanic disaster than the Oklahoma
Tags: bailout, bank of evil, banks, deregulation, despicable me, dick fuld, economy, james woods, jeremy irons, john tuld, lehman brothers, margin call, merill lynch, mortgages, recession, regulation, Remembering The Great Recession While Still Living In It, richard fuld, risk, subprime, subprime mortgages, tarp, the other guys, titanic, too big to fail, villain, villains, wall street, wall street bankers
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By Jeremy Lucas | Business, Editorial
I don’t know about you, but the Fall of 2008 is kind of hazy for me. There was a Presidential election, I was in embroiled in a semester of Community College, I had a Macroeconomics class where I did a presentation about the failings and future failings of the United Kingdom’s economy. I barely remember
Tags: 2008 election, bailout, banks, BBC, bear stearns, captain price, deregulation, economy, lehman brothers, merill lynch, mortgages, recession, regulation, Remembering The Great Recession While Still Living In It, risk, subprime, subprime mortgages, tarp, the love of money, too big to fail, wall street
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By Jeremy Lucas | Investigation, Media, Politics
First, some history for the sake of context. Starting in Winston-Salem, NC in 1879, Wachovia was a North Carolina staple of banking. If you live in the state and want the biggest frequency of ATMs, you simply go with Wachovia. Basically, a lot of people in North Carolina called Wachovia their bank. For a while,
Tags: 1 percent, 1%, 99 percent, 99%, anger, angry, angry birds, bank, bird, birds, boone, college, eggs, financial crisis, government, greed, Halloween, hippies, north carolina, occupy, occupy wall street, Occupying Wall Street In Boone, pigs, protest, protesting, rovio, transition, video game, video games, wachovia, wall street, wells fargo, wikipedia
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By Jeremy Lucas | Investigation, Media, Politics
The Facebook event says some 200 people are going to be there to Occupy Boone. I arrive and maybe 50 are there, with another 30-50 arriving by the time we actually start marching. The weather, to put it lightly, is miserable. 35 degrees, and rainy. It’s also a Friday, which means that everybody has the
Tags: 1 percent, 1%, 99 percent, 99%, anger, angry, angry bird, angry birds, bank, bird, birds, boone, candy, college, cornel west, democracy, education, extremists, friday, government, greed, Halloween, honk, honking, image, intersection, march, marching, marxism, marxist, north carolina, oakland, obama, occupy, occupy boone, occupy wall street, Occupying Wall Street In Boone, pigs, pregnant, protest, protesting, wall street, wells fargo
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