Bain's handling of Ampad illustrates how the rich extract money from these deals and leave behind wounded workers and Main Street shops.
What is so abundantly clear is that the lack of transparency in derivatives trading, and the sheer complexity that is a by-product of that lack of transparency, really can make them "financial weapons of mass destruction."
In another lifetime, I was chief marketing officer for Dewey & LeBoeuf's predecessor, LeBoeuf Lamb. I was fired by a key player in today's drama back in 2007.
While it is a least somewhat positive that the Republicans appear not to have embraced Rick Santorum, Newt Gingrich or Ron Paul, the problem is that they have instead selected a Thurston Howell III Ken doll that simply repeats Republican dogma.
Student loans, unlike almost every other kind of loan available, cannot be escaped through bankruptcy. It wasn't always this way.
Even if you've been through difficult credit problems, it's important to establish current, positive credit references that can boost your credit scores over time.
When it comes to finances it's best to take the airplane oxygen mask approach -- secure your own before helping others.
For the first time, local elected officials are talking about default or delay on loan payments, and about bankruptcy as a legitimate way out of their fiscal messes.
Many people would agree that disparate treatment based on race is wrong, but how can we try to remedy the situation when so few people are willing to create policies and practices that explicitly address such forms of structural racism?
Rental apartments are back in demand, financing for hotels and motels is loosening up a bit and investors are stepping off the sidelines with wads of cash to do deals.
The new year provides the opportunity to improve your credit worthiness. Credit is one of the primary engines that runs the American economy and households.
Small businesses have always been the backbone of the economy in America. The current leaders seem to have forgotten this piece of our economic puzzle.
I'm struck by the similarity of the feelings of instability in the world now with how we Pan Am employees felt as our company began to fail.
"Marriage is dead," and "monogamy may be asking too much" were the headlines in 2011. But Lori Lowe, creator of the popular marriage blog, Marriage Gems, still says lasting bliss is possible.
What better way to understand Elizabeth Warren's bid for Massachusetts Senator to replace Scott Brown that conduct a Teach-in, much as the OccupyWallStreeters are doing
While attention in Washington D.C. is focused on the federal debt and the failure of the Congressional "super committee," 2011 has already seen a numb...