The unit that all but destroyed AIG has failed to sign up for the overhaul of the global derivatives market which was given added impetus by the troub...
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To ban or heavily regulate usurious derivative securities is not socialism. It is Christianity and Judaism.
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.
March 25 (Bloomberg) -- The former chief regulator for the $2.69 trillion municipal bond market for the first time acknowledged that the governing boa...
Lately the torches-and-pitchforks voices have begun to drown out serious discussion. Time to take a deep breath or two: populist rage is a rotten basis for policy-making.
After the 2008 Election, it was generally decided that Nate Silver, of FiveThirtyEight.com was to be crowned the new God of The Maths and King Kahuna ...
It is past time that a distinction be made between that part of AIG's business that was a "large and stable insurance company," and that part that was a "hedge fund," or better put, a casino.
March 3 (Bloomberg) -- JPMorgan Chase & Co. managed to generate $5 billion in profit during the worst year in Wall Street history by trading over-the-...
How about a smart-plus-greedy-equals-stupid tax? We will save it for the absolutely inevitable moment in the not-so-distant future when Wall Street will forget the lessons of 2008.
The longer this goes on, the more absurd it is becoming.
Hank Paulson may know what he is doing. He may have insight that is lost on the rest of us. ...
An analysis of the bailout deals Paulson has been cutting with taxpayer dollars reveals he's giving the culprits who created the nation's credit crisis what amount to sweetheart deals.
These economic notes are consistent with the conviction that Barack should steer clear of advisers who were taken in by, or complicit in, the rape of regulation of the last decade.
Even though I worked at the Securities and Exchange Commission for a number of years, trying to explain things like derivatives was never my strong suit.
We need a new guard, who know the system but didn't build it. Don't let anyone tell you they're not out there. They've been there for years.
How can a guy like John Boehner, who got us into this mess in the first place, have the unmitigated nerve to try and dictate the terms of how to fix things?
They're talking about pushing through the largest bailout in history without any hearings. No time to debate the issues. Just ram it through. That says a lot by itself. Shock doctrine, anyone?
Former Texas senator Phil Gramm is McCain's economic brain, and the current economic crisis is not the first one made possible by Gramm's sneaky commodity futures act of 2000.
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