In what was for many an unbelievable chain of events, markets started melting down, confidence shattered and believers in unregulated transactions realized something was very, very wrong.
Over and over, the least cordial man in politics tried to insist that he was a friend; and again and again a roomful of genuinely friendly folks groaned otherwise.
It turns out that Secretary Paulson played an even more direct rule in bringing down our financial system than his failure to recognize the housing bubble.
At business's urging, business was left up to its own devices; its own devices turned out to be precisely the things that our grandparents set up regulatory agencies to guard against.
Arianna, Bob, Jamie and Mark discuss the presidential debate. Who won? Who was best on the economy? How can they improve their performances next time?
With no congressional oversight or government regulation, there was no one to ask where the emperor's clothes were.
Right now, if I miss a payment, who will pay off my $200K mortgage? Who will pay off my credit card balances? The White House? Doubtful.
Neither the Treasury nor the Federal Reserve has done a good job handling the economy, the financial system, regulation. If most of us had their track record, we wouldn't be taken seriously.
Is this why lobbyists and George "19 percent" Bush are laughing at Democrats like Dodd? Are they laughing because one of the other Democratic leaders is busy working to help them sell America out?
How are Americans and investors supposed to feel confident that the crisis will be solved, if the very people who engineered the crisis are being relied on to solve it?
How many companies have been damaged in the name of maximizing shareholder value? How many unnecessary mergers, spin-offs and other dumb deals were spawned just to give the stock a jolt? How many jobs and benefits were cut because Wall Street said that was an easy path to operating "efficiencies" and greater short-term returns?
The investor needs to immediately reevaluate all of his investment and make sure he fully understands and can easily explain exactly where and what his investments are.
Our financial collapse is the fiscal consequence of the economic philosophy that markets are always good and government is always bad. But it is also the moral consequence of greed.
The first major epidemiological study to assess the risks of bisphenol A -- a chemical found in baby bottles, canned foods, and in 90 percent of Ameri...
Think about that for a minute. $900 billion dollars, racked-up before your very eyes. This at a time when the federal government is already bleeding money.
Reagan is often looked upon as the Republicans' FDR. But Reagan sold the nation a bag of goods. We can finally see clearly the failed results of this three-decade experiment in laissez-faire capitalism.