They're considered the "Smartest Guys in the Room" (yeah, they're mostly guys). They're the financial "wizards" like Robert Rubin, Hank Paulson, Lloy...
Although the EU is only slightly smaller than the U.S. in GDP, it is a libertarian's dream in terms of the limitations on its governing policies.
You can believe in the free market, or you can believe in today's Wall Street. But you can't do both.
There is something new going on in this millennium, something really exciting. A shift in the way we think from an exclusive sense of "what's in it for me?" to an inclusive sense of "what kind of world are we co-creating?"
Steve Jobs and Alan Greenspan can be taken as symbols for the best and worst of modern capitalism -- with Jobs as the symbol of capitalism when it works.
How wrong were we? After several years of commentary on the causes of the financial crisis, we still struggle to plumb the full depths of the event. W...
Robert Auerbach's response to the Federal Reserve's IG request.
Wall Street bankers, with help from key Republicans in the House and Senate, have begun a major campaign across the country to kill the regulations currently being developed to enforce Dodd-Frank Wall Street Reform.
In the financial punditry racket, there's no voice quite like the Financial Times' John Kay, certainly not in the United States: skeptical, elliptical...
The idea that sides must be chosen in advance of the release of the film Atlas Shrugged feels a little frivolous. With the look of a TV movie, I doubt that the "leftists" will be out in force telling Rand fans how bad this movie it is.
Greed never dies; rules are made to be bent; the rich are indeed different from the rest of us -- and Shakespeare's fool was wrong. It would seem the whirligig of time does not, alas, bring its revenges.
Here are some notes from a nation in which the wealthy and powerful increasingly act with near impunity and the lesser off just have to "suck on this" -- in the immortal and unwittingly apt phrase of one of our elite pundits.
Anyone who has examined the U.S. Treasury and the central bank (the Federal Reserve) records knows the national debt clocks on the internet and in New York City generally display one misleading number.
"Balancing the budget" and "deficit reduction" have become code for shifting the benefits of government spending to corporations away from workers.
Greenspan has been strangely missing from the fierce battle over the future of public-sector unions in Wisconsin. His absence is strange because he bears more responsibility for the current conflict than anyone else alive.
Bethany McLean, co-author of All the Devils Are Here: The Hidden History of the Financial Crisis, stopped by to discuss the book and who are the biggest a**holes on Wall Street.