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Daniel Gross

Americans Renting Their Way To A New Dream

The Wall Street Journal | Posted 07.11.2012 | Business

Across the board—for goods ranging from cars to books to clothes—Americans are increasingly acclimating to the idea of giving up the stability of ...

Towson Paper Hopes To Take Legal Action Against Newspaper Thieves

The Huffington Post | Danielle Wiener-Bronner | Posted 05.25.2011 | College

The editor-in-chief of Towson University's student paper is hoping to take legal action against those responsible for the disappearance of nearly 3,00...

WATCH Pulitzer Prize Winner: Huge Corporate Subsidies Lead To Middle Class 'Wealth Destruction'

Posted 05.25.2011 | Business

Pulitzer Prize-winning journalist David Cay Johnston says it's no accident that the middle class has been shrinking. In fact, in a recent conversatio...

It's The Overused Headline, Stupid

Danny Groner | Posted 05.25.2011 | Media
Danny Groner

"It's the economy, stupid" is a phrase that has lived on longer than anyone would have expected.

Daniel Gross: America's Amazing Comeback

Newsweek | Daniel Gross | Posted 05.25.2011 | Business

In the wake of the 2008 financial meltdown and the deep, long recession that followed, the decline of America has become the preferred intellectual pr...

Daniel Gross: Senate Reform Bill Is Too Kind To Wall Street

Slate Magazine | Daniel Gross | Posted 05.25.2011 | Business

The Senate's passage Thursday night of extensive financial reform is being portrayed as a big loss for the financial sector. "No End to Banks' Capitol...

Hank Paulson's Memoir misses about his own responsibility for the global meltdown.

Slate Magazine | Daniel Gross | Posted 05.25.2011 | Business

Investment bankers are among the least reflective of financial birds. They deal with the problem at hand without asking too many questions about how i...

Moral Hazard in Iceland

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

What is especially disheartening in Iceland is that, not only did the bankers retain their compensation; they continue to draw salaries in their new positions of authority in the new banks and in the government.

Daniel Gross: TLGP Wall Street's Forgotten Subsidy | Daniel Gross | Posted 05.25.2011 | Business

But the big American banks aren't nearly so independent as they would have us believe. JPMorgan Chase, Goldman Sachs, and their peers are still benefi...

Daniel Gross: Why Wall Street Bonuses Will Continue to Exceed Profits

Slate Magazine | Daniel Gross | Posted 05.25.2011 | Business

This year, compensation will again eat up something close to a majority of Wall Street's revenues. And while Goldman and Morgan Stanley have paid back...

Mortgage Market: U.S. Government Still Propping Up Real Estate: Newsweek | Daniel Gross | Posted 05.25.2011 | Business

While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...

The Recession is Over

Newsweek | Posted 05.25.2011 | Business

Could our long national nightmare be over? The economic contraction, this Great Recession, began in December 2007, and there's no apparent end in sigh...

One Lesson from the 1930s: Financial Regulation Has to Be Bold

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

Contrary to what John Boehner says, a big foot needs to be placed on the financial industry to make sure that last year's near collapse can never happen again.

Why Obama Should Ignore The Dow: Newsweek

Newsweek | Daniel Gross | Posted 05.25.2011 | Business

Investment professionals and econo-pundits claiming to speak for Wall Street have been blaming President Obama for the recent run of losses in the sto...

Newsweek: Don't Blame Liberals: How The Wealthy Waged War On Each Other

Newsweek | Daniel Gross | Posted 05.25.2011 | Business

Last week, I wrote that the Republican claim that Obama is fighting a war against the rich was bogus. Over the weekend, I thought better of it. It tur...

Jason Linkins

The Phony "War On Wealth" | Jason Linkins | Posted 05.25.2011 | Politics

Been hearing that the administration has "declared war on the rich," lately? Well, Newsweek's Daniel Gross puts our latest would-be culture warriors ...

Our Best Days Are Not Behind Us: Daniel Gross

Newsweek | Daniel Gross | Posted 05.25.2011 | Business

The dumb, willfully blind optimists who dominated the late boom have been evicted--and the ardent declinists, the bears and the prophetic historians h...

Daniel Gross: FDIC Sold IndyMac Too Soon - For Too Little

Newsweek | Daniel Gross | Posted 05.25.2011 | Business

The Federal Deposit Insurance Corp. on Monday agreed to sell IndyMac, a failed bank it took over last July, to a group of sharp Wall Street operators....

Daniel Gross: Why All Those Great Depression Analogies Are Wrong

Slate | Daniel Gross | Posted 05.25.2011 | Business

It's difficult to avoid the comparisons between the current sad state of financial affairs and the Great Depression. "This is not like 1987 or 1998 or...