Author Archives: Thomas Guy

TThe MGM Fiasco – Hollywood economist

MGM, once the shiniest studio in the Hollywood galaxy, has fallen on hard times. Last October it failed to making the interest payment due on its $3.7 billion debt, and even with the six month forbearance granted by its creditors, it is hovering the threshold of bankruptcy. via The Secrets Numbers Behind the MGM FiascoContinue reading “TThe MGM Fiasco – Hollywood economist”

Wall Street’s Bailout Hustle : Rolling Stone

God bless MATT TAIBBI. He got it right again! This is the most important issue in America right now and the only magazine to deal with it right is Rolling Stone? Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy – they’re re-creating the conditions for another crash.Continue reading “Wall Street’s Bailout Hustle : Rolling Stone”