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Credit Default Swap

Video Interview With Bethany McLean, Co-Author of All the Devils Are Here

Mark Bazer | Posted 05.25.2011 | Chicago
Mark Bazer

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.

After Helping Gordon Gekko Evade the SEC, Will Geithner Finally Now Be Fired?

David Sirota | Posted 05.25.2011 | Politics
David Sirota

It's appalling to learn that one government agency was actively encouraging a private corporation to withhold information from another government agency.

What's Still Hidden In AIG's Files?

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011 | Business

As federal hearings into the cause of the financial crisis got underway this week, attention has focused on one key outstanding question: Whether the ...

This Is It! World Premiere of Capitalism: A Love Story Tonight

Michael Moore | Posted 05.25.2011 | Entertainment
Michael Moore

Tonight, at the Venice Film Festival, I will premiere my new movie, "Capitalism: A Love Story." After 16 months of production, I am proud to present this work of mine to you. It is unlike anything you'll see this year.

How To Reform Credit Default Swaps

Ian Welsh | Posted 05.25.2011 | Business
Ian Welsh

The first step is a name change. Call them insurance, because that's what they are. The insure against the possibility that you won't get paid money someone owes you. Once they're called insurance, regulate them like insurance.

AIG, OMG

Francine Hardaway | Posted 05.25.2011 | Politics
Francine Hardaway

This poor dude Liddy, who retired from Allstate and came back to run AIG and be a hero for his country. I bet he's really sorry now. I'm listening to...

"Republicants" Deny the Sky is Falling

Leo W. Gerard | Posted 05.25.2011 | Politics
Leo W. Gerard

Republicans are terrified of the stimulus because if it works, then Americans will think good thoughts about government action and spending.