If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
The Blog
On Sunday, the New York Times wrote another story about the relationship between Goldman Sachs and AIG. Their theories are contradictory and many of the supporting "facts" don't stand up to serious scrutiny.
Placed in a broader context, the front page story The New York Times is even more damning of Goldman Sachs than readers might realize. Goldman played...
What was the nature of the exchange of information between Paulson and Blankfein and/or their staffs, and what impact might it have had on Goldman's intransigence vis a vis A.I.G.? We should all be told.
I was having coffee with a friend, who finally opened up and admitted she was in dire financial straits. Her features were equal parts relief and misery -- she had spoken to almost no one about this.
Unlike the perpetrators of the Watergate scandal, who wound up facing jail time, Timothy Geithner evidently has a golden parachute waiting at Goldman Sachs, not coincidentally the largest recipient of the AIG bailout.
I've spent the day giving careful thought to six simple rules of right conduct -- pun intended -- which will ensure that you don't accidentally embarrass yourself at a Twenty-First Century Tea Party .
A bill, which would save the public as much as $80 billion over 10 year by canceling public subsidies for banks making student loans, has caused bankers to spend tens of millions of dollars lobbying against it.
On the day that Punxsutawney Phil emerged to predict a long hard winter, Americans picked up the newspaper to read that AIG, the bankrupt insurance ...
Did Societe Generale ever view its $1.2 billion investment in Adirondack 2005-2 as a buy-and-hold proposition? Or was the bank's original intention to offload the risk on to AIG?
By Zach Carter, Media Consortium Blogger In a landmark decision last week, the Supreme Court ruled that corporations could spend unlimited funds to in...
As far as one could tell, the financial press and its many commentators were absent from the advanced negotiations between JP Morgan and RBS Sempra. But it didn't take much to make the White House aware.
As many of you have heard, Google is considering leaving the Chinese market. Yes, that's right; they would leave behind 1 billion plus people in the b...
New York State should implement a onetime 50 percent payroll tax on bankers' cash bonuses over $50,000, with the proceeds invested in our heath care system and children's education.
You might imagine that by now the public would know every last cause and consequence of the government's $180 billion bailout of insurance giant Ameri...
Do you get the sense that the banking reform melee is like one massive free-for-all where the combatants, all snarling and backbiting each another, will stymie true and productive reform and turn it "phony?"
If you want to understand the deals that wiped out AIG, the best place to start is the website of the New York Fed.
