On the season finale of Real Time with Bill Maher, Bill O'Reilly said that we "live in a capitalistic society." That's wrong. We work in a capitalist system. We live in a democratic society.
The deficit, the Social Security shortfall, difficulties with Medicare -- they could all be solved if the nation returned to taxing policies that existed under Republican President Eisenhower, when the rate on top earners was 91 percent.
Capitalists believe in rewarding success and punishing failure. Well, we have ten years of performance data on the Bush tax cuts, and they failed by every possible criterion.
We first became aware of the "Will-the-real-Michael-Hudson-please-stand-up?" problem years ago when we started getting compliments from friends and colleagues for each others work.
With the mergers and acquisitions game heating up, the opportunities to beat the system with inside knowledge of non-publicly announced deals have become much greater.
I enjoy and value teaching others how to network amongst the rich and famous. I am just awaiting the day when I can change sides from an offensive position to the defensive side.
Since his academic credentials were exposed as fraudulent, Tang Jun has emerged as the star in a quintessentially Chinese dramatic tragedy.
Many market participants were actually waiting for the US legislation to look at the architecture of finance in the 21st Century. That is exactly what was delivered last week.
The Securities and Exchange Commission's civil suit against Goldman, Sachs & Co. (NYSE:GS) seems to have surprised everyone, not least Goldman itself....
Recently authorities uncovered a DVD from the attic of imprisoned Ponzi scheme millionaire Bernie Madoff's family mansion in Montauk, Long Island that captures the family's last Seder together.
With 40 million people uninsured and skyrocketing health care costs, the GOP concluded that trial attorneys and litigation were to blame for all of the current health care system's woes.
In perhaps the most unsurprising news since Tiger's decision to return for the Masters, Lenny Dykstra losing all of his money to late night infomercia...
The victims of the hit and run economic crimes of this period expect and deserve much more. Years from now, there will be ample time for a leisurely stroll through the history of this crisis. Now is the time for action.
CBS has created a show where fat cat execs hop off their perch, spend time with the little people, and leave with a better understanding of what it takes to make a living nowadays. Call it the first truly recession-era reality show. Or just call it porn.
At Winston Churchill High School in Potomac, Maryland, 40 to 50 students were involved in a computer hacking scheme to change grades.
The biggest news after looking at the Fall '10 Men's Shows is Grey is the New Black. Period. Sure, black was all over the runway, too, and should always be a staple in everyone's wardrobe.