Dexia and bailing out the banks | by Michael Roberts

Dexia and bailing out the banks | by Michael Roberts

The large Belgian Bank, Dexia, went bust over last weekend.  It provides a lot of pointers about the role of banking and how it fits into this crisis.  Dexia was bailed out before at the height of the financial crisis in 2008.  Then the Belgian and French governments...

Lonmin Statement on Marikana Situation

Lonmin Chief Financial Officer, Simon Scott said: “On behalf of the whole Company I would like to express our sincere condolences to the families and friends of all those employees who have lost their lives, not only in the events of Thursday but also in the...

Houses for all! Now! | by Martin Legassick

Women and children have been forced to endure the Cape’s lashing winter winds and rain sleeping in the open in the Marikana area of Philippi. This is the result of illegal actions by the Democratic-Alliance-sponsored Anti Land Invasion Unit (ALIU), demolishing...