The Obama administration, through incompetency, pettiness, venality or something else, has unwittingly badly damaged the IRS. Some on the right may celebrate this, but a tax agency that cannot enforce regulations or laws is a major problem in a modern state.
Lew was offered a $940,000 bonus from Citigroup if he could land a job in government. That's one hell of a carrot. And here he is interviewing for Geithner's job.
Sooner or later, these spectacles will lose their excitement and Capitol Hill will come back to this reality: The economy is still broken. So why not start fixing it now?
What are we to take from this, from a governance and accountability perspective? First, the directors who received less than 60 percent should all be replaced.
Many feminists have rejected the notion that women can be sexist towards men because women lack the institutional power than men have. Except we know that's changing.
There will undoubtedly be many viable uses for smart vehicles in industry, commerce and the military but they will be hard sell for consumers -- including this one.
China's environmental problems are immense, not least those connected to its voracious and inefficient use of coal. In 2011, for example, the country used almost half of global coal consumption, although its economy is still around half the size of the U.S.
Technology and tax law have led to the emergence of what international tax analyst Ed Kleinbard calls "stateless income," a phenomenon that was on full display at the Apple hearing yesterday.
What's the Triple Crown of personal finances? Think about the biggest financial responsibilities most families face: buying a house, paying for college and saving for retirement.
What is mystifying is why almost all of America's political class is willing to support a set of policy decisions whose outcomes will be to impoverish most Americans and weaken the nation.
All smart entrepreneurs know to seek legal council prior to signing off on a term sheet. However, even those who do understand the terms, tend to visualize a profitable exit,
The baby boomer generation should be paying particular attention to their estate plans. It is a generation that is participating in a large generational transfer of wealth and it is a generation that has increasingly more time on its hands.
I've been thinking about feedback lately. As long as the feedback is positive, leaders are open to providing it. The difficulty is the delivery of negative feedback. When leaders find themselves in this situation, they become uncomfortable.
Wednesday's prepared testimony by Fed Chairman Ben Bernanke to the Joint Economic Committee of Congress seemed to start out as a bravura effort designed to silence recent chatter about the Fed's so-called 'exit strategy' i.e. the 'tapering' off of its quantitative easing program.
Despite productivity levels reaching an all-time high, morale is flagging and more and more people are just going through the motions. There are fewer people doing more work which leads to fewer breaks, longer hours and less sleep.
Free market economics is touted by conservatives, and yet almost routinely now we are seeing legislation being introduced designed solely to block the competition that Tesla is bringing to the old guard.
Scott Walker and his tea party cohorts bought the snake oil of austerity. They forced the Badger State to drink it. And Wisconsin's families are suffering because the governor ignored the evidence that it is a toxic brew.
I am thrilled to see Abercrombie finally issue what I believe to be a heartfelt apology and I am cautiously optimistic that our hard work has paid off. Abercrombie made a clear commitment and I am determined to ensure that they see it through.
Apple's $100 billion in offshore profits is managed in Reno, tracked by accountants in Austin, and stored in Manhattan banks. That's called having your apple and eating it too. It's up to our leaders, not corporate executives, to fix this problem.