I mentioned my article "Wall Street's House of Cards" a few weeks ago on the Huffington Post and received requests to publish it online. Well, I finally got around to posting it on my website. I hope you will read it and find it enlightening. I also included the...

At the heart of the current credit troubles is a crisis of confidence. Nobody trusts the rating agencies, the auditors, the regulators, or the bankers anymore because they are either viewed as liars or as incompetent. It won't matter how low the Fed lowers interest rates or how much money...

Every day CNBC features talking heads who drone on with the same platitude that there is fear in the market regarding the lack of transparency in the banks. "Lack of transparency" is really a euphemism for "bankrupt." Whether it is Citicorp, AIG, Fannie Mae, or your pension funds, all these...

Henry Paulson, the newly sworn in U.S. Treasury Secretary, debuted with a speech expressing a desire for China to move more quickly in changing its currency policy as part of his agenda to help the Bush administration reverse our nation's record twin deficits with minimum economic disruption. This desire stems...

With the U.S. Senate's recent hearings on hedge funds, it's time for greater media scrutiny of these lightly regulated financial vehicles. Accounting for over a trillion dollars of invested capital, the public at large should be made aware of the risks hedge funds pose to the global financial system.