The real culprit is Human greed.

In apportioning responsibility for the worldwide-credit crisis, readers did not all point to former chairman . One called blaming Greenspan "simplistic," and another argued "banks were culpable." But after all is said and done, one wrote, "the real culprit is human greed."

http://www.newsweek.com/id/172636

Comments

Overview of the threat to the banking industry, with examples from recent bank collapses and persistent future risks:

1. Increasing cyber-attacks targeting financial data: Cyber-attacks like the 2017 Equifax breach (a) expose sensitive financial data, leading to significant financial and reputational damage. 2. Rising competition from fintech and non-traditional financial institutions: Companies like PayPal and Square are disrupting traditional banking by offering innovative financial services. (b) 3. Regulatory changes impacting operations and profitability: The Dodd-Frank Act imposed stricter regulations on banks, affecting their operations and profitability. (c) 4. Economic downturns affecting loan repayment and default rates: The 2008 financial crisis saw a spike in loan defaults, leading to the collapse of major banks like Lehman Brothers. 5. Interest rate volatility impacting margins: Rising interest rates in 2023 led to significant losses in banks' securities portfolios, contributing to the collapse of Silicon Valley Bank². 6. Technological disruptions in payment systems and banking te...

Background and Global Implications on Shipping and Marine Insurance Companies in perspective of recent Yemen's Ansar Allah group (Houthi) Attacks in the Red Sea.

Updated: September 06, 2024 1. Impact on Maritime Shipping: Attacks in the Red Sea by Iran-aligned Houthi militants have disrupted a crucial trade route, leading to significant rerouting of shipments away from the Suez Canal. 2. Increased Freight Rates and Congestion: The rerouting has pushed freight rates higher and caused congestion in ports across Asia and Europe. 3. Decrease in Canal Traffic: The number of ships crossing the Suez Canal has dropped by 66% as carriers divert their vessels around Africa. 4. Strained Infrastructure: These disruptions have led to service reconfigurations and volume shifts, straining infrastructure and resulting in port congestion, delays, and shortages in capacity and equipment. 5. Global Network Impact: Maersk highlighted that the disruption extends beyond the Far East-Europe trade routes, affecting its entire global network. 6. Uncertain Timeline: The timeline for resolving these disruptions and returning to normal operations remains uncertain. 7...

Historical and Contemporary Perspectives on Anti-Zionism and Anti-Semitism: Navigating the Complexities of Anti-Zionism and Anti-Semitism. JVP.

Key points from the statement by the Academic Advisory Council (AAC) of Jewish Voice for Peace regarding the firing of Maura Finkelstein by Muhlenberg College , along with further explanations: 1. Condemnation of Firing - The AAC condemns the firing of Maura Finkelstein. - The AAC views the firing as unjust and demands her immediate reinstatement. They also call for the removal of key administrative figures at Muhlenberg College, including President Harring , Provost Furge, and Board Chair Lance Bruck . 2. Reason for Termination - Finkelstein was fired for reposting an Instagram message by Palestinian poet Remi Kanazi. - The reposted message was critical of Zionists, which Muhlenberg College cited as the reason for her termination. This action has been reported and corroborated by external sources¹,². 3. Academic Freedom - The AAC argues that the repost falls within the bounds of academic freedom. ...

The Price of Their Silence: How Islamophobia Became an Industry—and Muslims Its Global Collateral

🖋️ By Malik Mukhtar 📍 ainnbeen.blogspot.com | 🗓️ June 28, 2025 They bombed Iraq for democracy. Tortured Afghans in the name of security. Waterboarded bodies at Guantanamo and called it “enhanced interrogation.” And now in Gaza—they bury children under rubble and whisper, self-defense . This isn’t a war on terror. It’s a war on memory, on names, on brown bodies that pray in Arabic. And Islamophobia has been its golden engine—powerful, profitable, and protected. 🧠 Islamophobia: Not Just Prejudice—A $Billions Industry Islamophobia is not just a bias—it’s a well-funded psychological operation . According to the Center for American Progress , over $42 million was channeled (2001–2011) into think tanks and media fronts to craft and normalize anti-Muslim sentiment. This isn’t random—it’s strategic. The goal: keep the public afraid —of Muslims, of mosques, of immigrants, of something called Sharia Law . 📘 Sharia Law: The Manufactured Threat That Never Was Let’s be c...

The Veil Gets Thicker: How “Democracy” Is Being Used to Suppress Solidarity.

There’s a whisper among the ideals Europe claims to represent: freedom, human rights, assembly . But lately, those whispers are being drowned out —by batons, by laws, by arrests . Pro-Palestinian protestors are being met not with dialogue or understanding , but with the brute choreography of state power. Democracy is no longer just veiled . It is draped in shame. Recent Snapshots: When Solidarity Becomes a Crime These are not isolated incidents. These are signals. They tell us where the balance has shifted—and how. UK — The Ban, the Proscription, the Mass Arrests Palestine Action Proscribed Under Terrorism Act In July 2025 the UK government declared Palestine Action a proscribed organisation under the Terrorism Act 2000 . From that moment, supporting the group—by words or peaceful symbolic action—became criminalized. 466 Arrested at Parliament Square On August 9, 2025 , some 466 people were arrested in London at Parliament Square for a protest against the Pales...

Ainnbeen

Search This Blog