The recent news about Goldman, especially the deep dive by the NYT, has focused on a transaction that, until now, not many people knew about and even fewer people understood. These deals, collectively known as ABACUS, were based on an extremely esoteric type of transaction known as synthetic...

Recently, there's been something of a back and forth between myself and Mr. Gasparino. I originally wrote something here on the Huffington Post challenging many of his assertions. Interestingly, though, we reached similar conclusions: Goldman Sahcs...

I. Introduction

This article isn't going to talk about the charged arguments that are normally thrown around when talking about Goldman. (Should the public have funded them? Was AIG a bailout for Goldman, orchestrated by the government? Have public funds allowed Goldman to profit off of public money?...

In the time since T.A.R.P. was enacted, there has been a lot of debate over how the government has done. Some of this debate, obviously, is difficult to truly judge -- what would have happened without T.A.R.P.? No one knows. What if we required different things of T.A.R.P. banks at...