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Dérégulation

Overdraft This!

Erik Sean Nelson | Posted 05.25.2011 | Comedy
Erik Sean Nelson

Why are things a crime for the normal citizen, but daily routine for the Big Guys? Kill one person and you get life in prison. Kill 1 million people and it's called war.

Absolute Corruption Is the Rule in America

David A. Love | Posted 05.25.2011 | Politics
David A. Love

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.

What Are You Thankful for?

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

I am thankful that Wall Street is still a festering sump pump of illogic, hubris and greed, and will continue to provide me with plenty to write about for the foreseeable future.

John Dugan, OCC Head: 'Master Of Disaster' Is Banks' Hidden Ally In Deregulation Push

thenation.com | Zach Carter | Posted 05.25.2011 | Business

Of all the architects of last year's financial crash, John Dugan remains the most obscure, despite his stature as one of the most influential. While r...

Just How Corrupt are the Bank Regulators?

Garrett Johnson | Posted 05.25.2011 | Business
Garrett Johnson

Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?

California's Own Bernie Madoff

Jerry Brown | Posted 05.25.2011 | Business
Jerry Brown

Some called Beverly Hills financial adviser Stanley Chais an investment wizard, but in reality he was nothing more than a glorified middleman, channeling hundreds of millions of dollars in investors' funds to Bernie Madoff in New York.

Fair

Norman Horowitz | Posted 05.25.2011 | Business
Norman Horowitz

We are all victims of a deregulatory Tsunami that has been in process in order to make the "big guys bigger."

The Root of Madoff's Evil

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

How convenient for the judge and the media to paint Bernard Madoff as Mr. Evil, a uniquely venal blight on an otherwise responsible financial industry in which money is handled honestly and with transparency.

Why Does UBS Still Employ Phil Gramm?

The Big Picture | Barry Rithholtz | Posted 05.25.2011 | Business

Last week, UBS announced a 2nd Quarter loss "due to restructuring charges." The banking giant is raising $3.45 billion in a stock sale. Partly owned ...

Elite Deception and the Rise of Inequality

Sahil Kapur | Posted 05.25.2011 | Politics
Sahil Kapur

By deflecting their elitism onto their rivals, the party of plutocrats has for decades held the trust of millions of Americans while simultaneously swindling them.

It's the Global Economy (Stupid) -- or Is It?

Mark Weisbrot | Posted 05.25.2011 | World
Mark Weisbrot

The contemporary idea of the "global economy" is based on a misapplied analogy to the historical development of national economies.

News Flash: Greed and Stupidity Can Coexist!

Monica Youn | Posted 05.25.2011 | Politics
Monica Youn

If government officials are in the pocket of Wall Street, how can we expect them to identify and defuse problems before they turn into catastrophes?

Too Soon to Declare a New World Order

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

I am willing to bet that the group of 20 leaders will very likely fail in their aim of stabilizing the global economy.

Obama and the G-20

Lincoln Mitchell | Posted 05.25.2011 | World
Lincoln Mitchell

Due to the impact of the downturn in the US and its effect on the rest of the world, Obama is forced into a very strange position -- one that is part rock star and part Dr. Doom.

Fix the Airlines Instead of Bailing Out Wall Street

Don McNay | Posted 05.25.2011 | Business
Don McNay

I used to schedule an out of town trip then meetings the next day. Now I can't. I am not sure if I will get back or if I will get home exhausted and stressed.

Sex, Spitzer, Derivatives: Using Our Outrage

Ari Melber | Posted 05.25.2011 | Politics
Ari Melber

In a galling demonstration of Washington's tangled priorities, leaders in both parties still refuse to tap Eliot Spitzer's expertise for policymaking and enforcement in the current crisis.

Prime Time O: How the Omnipresent President Is Doing

William Bradley | Posted 05.25.2011 | Media
William Bradley

Obama's all-media offensive is working, and, coincidence or not, is happening at the same time as some good news.

Stop the Financial Services "Super Czar" (Updated)

Don McNay | Posted 05.25.2011 | Business
Don McNay

There has been talk about appointing a new "Systemic Risk Regulator." This "Super Czar" would oversee all of the financial services industry. We had a "Super Czar" last year. His name was Henry Paulson.

Should Geithner, Summers, Bernanke et al. Go?

Judith Ellis | Posted 05.25.2011 | Politics
Judith Ellis

Nassim Nicholas Taleb addresses some very important issues in an interview with CNBC. On my blog I have written more than a few posts on this brillian...

Slapped by the Invisible Hand

Mike Papantonio | Posted 05.25.2011 | Business
Mike Papantonio

As Sullenberger continues to speak out, he should make it clear that all the pilots and crews who are still operating in the deregulated airline industry are truly heroes.

Phil Gramm Takes No Blame

Jeff Madrick | Posted 05.25.2011 | Politics
Jeff Madrick

Gramm's deregulationist spirit is all over this crisis.

Wealth Without Wall Street

Don McNay | Posted 05.25.2011 | Business
Don McNay

There has been a long and irreversible trend toward small, entrepreneurial businesses, located far from money centers. Instead, Washington keeps throwing money at these "too big to fail" money losers.

Texas Electricity Rates Skyrocketed After Deregulation

Texas Star-Telegram | Dave Montgomery | Posted 05.25.2011 | Business

Electricity rates in Texas have soared well above the national average under a 10-year-old deregulation law, according to a study by a coalition of ci...

From Nightmares to Dreams Come True

Michael DeJong | Posted 11.17.2011 | Healthy Living
Michael DeJong

Long gone is the unique American social phenomenon that each new generation will "do better" than the last. Things are starting to feel more like "The Grapes of Wrath" than "The Great Gatsby."

Bush's Pure Genius Moves: 9/11, Gunfights, Cheney, the Economy, and More

Bill Allen | Posted 05.25.2011 | Politics
Bill Allen

In a brilliant move, President Bush found almost the only way possible to make people forget the tenure of John Ashcroft: naming Albert Gonzalez his successor.