Absolute Corruption Is the Rule in America

David A. Love, 11.09.2009

Writer and human rights advocate based in Philadelphia

Often, people will look at a high-profile example of corruption, and conclude that the egregious act is an exception to the rule. In reality, it might be the tip of the iceberg.

A Systemic Risk Regulator and a Compensation Tsar? Larry Summers and Ben Bernanke Must Be Kidding

David Paul, 11.03.2009

President of the Fiscal Strategies Group

With the announcement of record Wall Street bonus pools and rising credit card fees, it is time to sit back and see where we go from here.

Let Us Now Praise Uppity Women

Linda R. Monk, J.D., 11.02.2009

Constitutional scholar, Author of "The Words We Live By: Your Annotated Guide to the Constitution"

Women like Brooksley Born have a long history of being whistle-blowers in systems dominated by men. Perhaps this time Congress -- and the American people -- will listen.

Wall Street's Designer-Dressed Thieves

Mike Papantonio, 10.28.2009

Senior partner of Levin, Papantonio, Thomas, Mitchell, Echsner & Proctor

Open the phonebook and randomly pick the name of a stockbroker or a bank president. Call that person and ask them to explain to you how a synthetic or a derivative actually works.

Breaking Up the Big Banks, and Why Congress Won't Do It

Robert Reich, 10.27.2009

Former Secretary of Labor, Professor at Berkeley

Two ideas are floating around Washington regarding how to handle 'too big to fail' banks, but only one is supported by the Treasury and the White House. Unfortunately, it's the wrong one.

Enough is Enough

George Goehl, 10.26.2009

Executive Director, National People's Action

Yesterday afternoon, more than 1,000 people from 20 states came by bus, train, and plane to the Showdown in Chicago to deliver the message "Enough is ...

Executive Pay Cuts? Hold the Standing Ovation

Stuart Whatley, 10.24.2009

Huffington Post Associate Blog Editor

Yes, a quick round of applause for Feinberg for cutting our financial wards' CEO pay. But hold off on the standing ovation; the Obama era does not need a "Mission Accomplished" moment.

Wiping Blood Off White Buck Shoes

Leo W. Gerard, 10.23.2009

President, United Steelworkers International

In New York, the oldest and snobbiest financial ventures are called "white shoe" firms. Their arrogance, risky investments and confounding dealing in derivatives threw the rest of us into the Great Recession.

Showdown in Chicago: Creating a "Which Side Are You On" Moment

George Goehl, 10.22.2009

Executive Director, National People's Action

Until our elected officials know there is a price to pay for siding with big money over everyday people, the average American will continue be on the losing end.

Pay Czar Feinberg Speaks and Wall Street Cringes

Jill Schlesinger, 10.22.2009

Editor-at-Large, CBS MoneyWatch.com

Feinberg is not cutting total compensation, he's changing the composition of pay packages -- less cash, more stock with longer vesting periods. In other words, the top guys will have more skin in the game.

Citigroup, Goldman Sachs, Wall Street and the Tolling of the Bell For America's Meritocracy

Raymond J. Learsy, 10.23.2009

Scholar and author, "Over a Barrel: Breaking Oil’s Grip on Our Future"

American capitalism has now become rotten to the core. Gone is the American capitalist impulse's unique sense of fair play and adherence to a level playing field, accessible to all.

Credit Card Companies Are Sending Out Early Holiday Gifts

Eva Norlyk Smith, Ph.D., 10.20.2009

While Congress is calling on credit card companies to stop hiking interest rates before the new Credit CARD act goes into effect, Citigroup just sent me a letter with a monstrous interest rate hike.

How to Fix Wall Street before Another Collapse

John Standerfer, 10.20.2009

Executive Vice President of S3.

Twelve months removed from the forced bailout of financial institutions by US taxpayers, Goldman Sachs is back to paying its employees an average annu...

Does Citigroup Need China?

Dean Baker, 10.19.2009

Co-Director of the Center for Economic and Policy Research

The decision by China to stop buying U.S. government debt may not harm the economy's recovery, but it could be devastating to the recovery efforts at Citigroup.

Goldman Turns Into a Financial Frankenstein While the Fed Snoozes Away

Raymond J. Learsy, 10.19.2009

Scholar and author, "Over a Barrel: Breaking Oil’s Grip on Our Future"

Goldman was not assisted by the government to become a voracious and even heftier investment bank. Rather, one can presume that the government's assistance was to prevent systemic failure.

Will Obama Save America From Capitalism?

David A. Love, 10.15.2009

Writer and human rights advocate based in Philadelphia

American-style capitalism is the system that gives you pilots buying groceries with food stamps and sheriffs throwing families out of their homes. President Obama, it's time for a "new" New Deal.

Retire the 401(k) - Replace it with This

Eric Schurenberg, 10.15.2009

Editor in Chief, CBSMoneyWatch.com

Jilting the 401(k) to return to the old-fashioned pension, like going back to your spouse after a fling, is not an option. You need something that combines features of both.

The Real Story with Citigroup and the Other Banks

Alan Schram, 10.12.2009

Managing Partner of Wellcap Partners, a hedge fund based in Los Angeles

Citigroup sold their Phibro commodities unit to Occidental Petroleum for $250m. That is a pittance. So why would Citi give its assets away at such bargain basement level?

The Case For Dismantling Giant Banks

Lawrence G. McDonald, 10.12.2009

Public Speaker, Author of A Colossal Failure of Common Sense, MD Pangea Capital, LP

These 21st century banks have become deadly, systemically risky dominoes that can crush us all if they fail, or can bankrupt us all with debt if we have to bail them out.

Bombing Capitalism

Esther Iverem, 10.12.2009

Founder and Editor, SeeingBlack.com

On a throwback vibe, you could say that Capitalism: A Love Story is the bomb. By exploring the economic system of capitalism as an evil, Moore fires a salvo into the heart of America's social machine.

Citigroup Returns to Banking by Divesting Its Oil Trading Arm

Raymond J. Learsy, 10.14.2009

Scholar and author, "Over a Barrel: Breaking Oil’s Grip on Our Future"

It is scandalous that those in government vested with the responsibility of financial oversight have permitted a culture of "heads they win, tails we lose" to take hold and to grow into a financial Frankenstein.