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        <title><![CDATA[The Daily Beast - Nomi Prins]]></title>
        <description><![CDATA[The latest blogs and stories from Nomi Prins]]></description>
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        <lastBuildDate><![CDATA[Tue, 02 Mar 2010 02:12:43 -0400]]></lastBuildDate>
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            <title><![CDATA[When Will We Get Our Money Back?]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2010-03-02/when-will-we-get-our-money-back/]]></link>
            <description><![CDATA[The markets cheered as AIG touted a $35 billion dent on its taxpayer IOU. But was anyone watching when they recently borrowed billions more? Nomi Prins on a classic Wall Street shell game.
AIG's $35 billion sale of its Asian division yesterday was...]]></description>
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            <pubDate><![CDATA[Tue, 02 Mar 2010 02:12:40 -0400]]></pubDate>
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            <title><![CDATA[Obama's Half-Baked Bank Reform]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2010-01-21/obamas-half-baked-bank-reform/]]></link>
            <description><![CDATA[ Wall Street has already figured out how to game the president's proposal to reform the banking system. Former Goldman executive Nomi Prins on how to stop the trickery.
Seeing Paul Volcker, former Fed Chair and chairman of the Economic Recovery...]]></description>
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            <pubDate><![CDATA[Thu, 21 Jan 2010 22:40:06 -0400]]></pubDate>
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            <title><![CDATA[Bernanke in Denial]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2010-01-04/bernanke-in-denial/]]></link>
            <description><![CDATA[  Time's Man of the Year helped start 2010 with a roaring stock market rally. But his recent statements should strike fear: Nomi Prins on how the Fed boss failed to learn from 2009. 
Now Ben Bernanke wants better regulation?
The Fed chairman's speech...]]></description>
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            <pubDate><![CDATA[Mon, 04 Jan 2010 23:26:06 -0400]]></pubDate>
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            <title><![CDATA[Bring Back That Wall!]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-12-16/rebuilding-the-wall/]]></link>
            <description><![CDATA[ Would a new bill bringing back Glass-Steagall prevent another banking meltdown? Nomi Prins on why change is urgently needed.
The Obama administration is talking tough but acting tame with respect to Wall Street. But a pair of senators is coming out...]]></description>
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            <pubDate><![CDATA[Wed, 16 Dec 2009 07:22:49 -0400]]></pubDate>
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            <title><![CDATA[Goldman's Bogus Bonus Ploy]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-12-11/goldmans-bogus-bonus-ploy/]]></link>
            <description><![CDATA[Former Goldman managing director Nomi Prins says the Wall Street giant wants the public to believe it slashed executive bonuses-but behind the spin, compensation is higher, taxes are deferred, and risk is way up. 
It's so damn tough to be Goldman...]]></description>
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            <pubDate><![CDATA[Fri, 11 Dec 2009 00:23:24 -0400]]></pubDate>
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            <title><![CDATA[10 Reasons Bernanke Should Be Fired]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-12-02/ten-reasons-bernanke-should-hit-the-road/]]></link>
            <description><![CDATA[Ben Bernanke is before the Senate today in a bid to be reconfirmed as Fed chief. From his muddled message on transparency to his failure to anticipate the crisis, Nomi Prins has 10 good reasons for the Senate to turn him down.
If Ben Bernanke's...]]></description>
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            <pubDate><![CDATA[Wed, 02 Dec 2009 23:13:34 -0400]]></pubDate>
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            <title><![CDATA[Worse Than Enron?]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-12-01/worse-than-enron/]]></link>
            <description><![CDATA[Wall Street's big banks are playing dangerous new accounting games-and this time taxpayers are on the hook for hundreds of billions. Nomi Prins uncovers a scandal in the making.
Enron was the financial scandal that kicked off the decade: a giant...]]></description>
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            <pubDate><![CDATA[Tue, 01 Dec 2009 00:17:48 -0400]]></pubDate>
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            <title><![CDATA[How Big Banks Fleece You]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-11-02/how-big-banks-fleece-you/]]></link>
            <description><![CDATA[While the government bails out big banks, the big banks squeeze the little guy. The Daily Beast's Nomi Prins calculates how individual banking fees fund their risky activity.
Too big to fail means big enough to screw taxpayers twice.
That's my...]]></description>
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            <pubDate><![CDATA[Mon, 02 Nov 2009 00:43:51 -0400]]></pubDate>
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            <title><![CDATA[Echoes of Black Tuesday]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-10-29/echoes-of-black-tuesday/]]></link>
            <description><![CDATA[Eighty years ago today, the stock market took a dive of more than 11 percent, a move that is considered the start of the Great Depression. The crash, like our own, was a wakeup call for change, says Nomi Prins-but Obama isn't heeding the lessons of FDR...]]></description>
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            <pubDate><![CDATA[Thu, 29 Oct 2009 00:29:14 -0400]]></pubDate>
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            <title><![CDATA[Pay Cut Backfire]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-10-22/goldman-wins-again/]]></link>
            <description><![CDATA[By putting compensation caps on some bailed-out firms, pay czar Kenneth Feinberg sent a message, writes Nomi Prins. But he also strengthened the hands of the rest, including Goldman Sachs.
Kenneth Feinberg, the so-called pay czar who President Obama...]]></description>
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            <pubDate><![CDATA[Thu, 22 Oct 2009 00:57:06 -0400]]></pubDate>
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            <title><![CDATA[Goldman Strikes Gold Again]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-10-15/goldman-strikes-gold-again/]]></link>
            <description><![CDATA[  This morning Goldman Sachs posted near-record trading profits and bonuses. But behind the giddy numbers, Nomi Prins argues, are signs that the bank hasn't learned any lessons from the downturn.
What a difference a year, a pile of federal capital,...]]></description>
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            <pubDate><![CDATA[Thu, 15 Oct 2009 11:21:23 -0400]]></pubDate>
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            <title><![CDATA[Paulson's Revealing Phone Records]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-10-12/paulsons-revealing-phone-records/]]></link>
            <description><![CDATA[While the economy was crashing last year, exclusively analyzed telephone records reveal the ex-Treasury secretary was talking far more to Obama and Geithner than Bush and McCain.
Timothy Geithner's just-released phone records caused quite a stir last...]]></description>
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            <pubDate><![CDATA[Mon, 12 Oct 2009 23:45:56 -0400]]></pubDate>
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            <title><![CDATA[The Coming Bank Bust]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-10-03/the-coming-bigger-bank-bust/]]></link>
            <description><![CDATA[This weekend is the one-year anniversary of the bailout. But The Daily Beast's Nomi Prins says the too-big-to-fail banks have only gotten bigger-and much worse could be on its way. 
Any 5 year old who plays with Legos or blocks could address the issue...]]></description>
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            <pubDate><![CDATA[Sat, 03 Oct 2009 18:54:46 -0400]]></pubDate>
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            <title><![CDATA[The Merger That Ruined Lewis]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-10-01/the-merger-that-ruined-lewis/]]></link>
            <description><![CDATA[  Bank of America CEO Ken Lewis was the classic American success story. But he had a weakness for big deals-and his resignation was inevitable from the second he agreed to take on Merrill Lynch.
On Wall Street, one man's exit strategy is another man's...]]></description>
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            <pubDate><![CDATA[Thu, 01 Oct 2009 06:29:29 -0400]]></pubDate>
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            <title><![CDATA[Obama's Pittsburgh Checklist]]></title>
            <link><![CDATA[http://www.thedailybeast.com/blogs-and-stories/2009-09-23/obamas-pittsburgh-checklist/]]></link>
            <description><![CDATA[  Avoiding another meltdown will consume tomorrow's G-20 meetings. The Daily Beast's Nomi Prins on the enormous stakes-and how it will play out.
The third installment of the G-20 post-crisis trilogy begins tomorrow in Pittsburgh. In the original...]]></description>
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            <pubDate><![CDATA[Wed, 23 Sep 2009 06:46:24 -0400]]></pubDate>
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