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Scott O'Malia: Obama Appoints Ex-Lobbyist For Enron-Like Company To Top Regulator Position

Mother Jones | David Corn and Daniel Schulman | Posted 05.25.2011 | Politics

During his confirmation hearing last year, Scott O'Malia, a Republican Senate aide nominated to be a commissioner on the Commodity Futures Trading Com...

Practical Economics 101

Jim Selman | Posted 11.17.2011 | Healthy Living
Jim Selman

Can any of us afford the arrogance to operate as if our point of view is the truth?

Dissent Commodified

Thomas Frank | Posted 05.25.2011 | Politics
Thomas Frank

As we remember those poignant early days when Boomers took on the establishment, let us also remember that any establishment is lucky to have an opposition like this one.

More Pigs at the Trough: What Enron and WorldCom Can Teach Us About Goldman and AIG

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

In 2003, when I wrote Pigs at the Trough, America's corporate crooks were largely playing with shareholders' money. The new batch of Pigs I cover in the just-released updated version is playing with taxpayer money -- trillions of it.

The Republicans Win Big in California!

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

Schwarzenegger and his horde of retrograde Republican lawmakers got everything they wanted in a horrific bargain with Democratic leaders that has ended California's budget impasse.

Are You Wasting Your Time On Values Statements?

Marshall Goldsmith | Posted 05.25.2011 | Business
Marshall Goldsmith

Companies have wasted millions of dollars and countless hours of employees' time agonizing over the wording of statements that are inscribed on plaques and hung on walls. But this obsession with words belies one very large problem: There is almost no correlation between the words on the wall and the behavior of leaders.

SEC Pushed To Reward Whistleblowers With Cash | Joanna Chung in New York | Posted 05.25.2011 | Business

Regulators should pay whistleblowers for information about frauds, according to an official investigating the US Securities and Exchange Commission's ...

On the Matter of the M.B.A. Oath

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

The real-life goal of management is to create wealth. The only MBA oath that makes sense should resemble that of doctors: do no harm.

California's Death Throes: A View From Sacramento

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

A grassroots movement working within Democratic Party structures might break the cycle of abuse the Republican minority has inflicted upon the state.

The Case of the Missing Stock Data

Michael Martin | Posted 05.25.2011 | Business
Michael Martin

With the demolition of Wall Street firms, something important is disappearing too: their share price data from the stock exchanges.

California Needs a New Constitution

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

If Arnold and the Democrats can waste state money holding failed ballot initiatives and "special elections" they can set aside a little cash for a Constitutional Convention.

How the Enron Disaster Could Have Been Avoided

Ryan Mack | Posted 05.25.2011 | Business
Ryan Mack

Employees are now burdened with the responsibility of planning for their own retirement since defined contribution plans became the norm.

Today's Speech for Tomorrow's Managers

Philip N. Cohen | Posted 05.25.2011 | Business
Philip N. Cohen

We may use market forces for what they are good for -- setting prices - without being used by them for what they are bad for -- greed and corruption.

Brazil's Earth Day Present: A Sustainable Energy Policy

Eric Ehrmann | Posted 05.25.2011 | Green
Eric Ehrmann

Brazil's sustainable energy dividend is the result of generations of trust and cooperation between a strong federal government, parastatal companies and global businesses who have developed the knack of working with them.

Realities of the Economic Crisis

Michael de Portu | Posted 05.25.2011 | Business
Michael de Portu

Financial fraud typically takes a long time to detect and yet, paradoxically, the tell-tale signs are (almost) always in plain sight.

Tax Day: A Great Day to Cheat

Jeff Kreisler | Posted 05.25.2011 | Comedy
Jeff Kreisler

Today is tax day, but, as Leona Helmsley wisely noted, "Only the little people pay taxes."

Endgame for Gramm?

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

The "nation of whiners" comment during the campaign was a sideshow compared with the serious charges now swirling around UBS, charges that may finally prove to be Phil Gramm's undoing.


Earl Pomerantz | Posted 05.25.2011 | Media
Earl Pomerantz

TV ratings don't accurately measure the size the audience. It doesn't matter.

Yelling From the Back Step

B. Jeffrey Madoff | Posted 05.25.2011 | Business
B. Jeffrey Madoff

"Toxic assets" are two words that don't belong together in the English language. The meaning of one cancels out the meaning of the other.

Defining Extravagance Up

Jamie Malanowski | Posted 05.25.2011 | Politics
Jamie Malanowski

It's admirable that our leaders now want to be frugal with our money but let's remember what the taxpayers themselves have been buying with money not rendered unto Uncle Sam.

Welcome to our ENRON-omy and the Year of the Probe

Robyn O'Brien | Posted 05.25.2011 | Business
Robyn O'Brien

While we read about Blagojevich's hairbrush and the $1,400 trashcan purchased by Merrill Lynch's CEO, the Dow saw "its worst performance ever" posting its worst January in its 113 year history.

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.

A Nation of Village Idiots

James Moore | Posted 05.25.2011 | Business
James Moore

Don't let them tell you this economic meltdown is a complicated mess. It's not. Our national financial crisis is readily understood by anyone who has seen greed and hypocrisy.

Legislation Won't Prevent The Next Madoff: SEC Needs Talent, Technology & Collaboration (Not New Laws)

Marc Morgenstern | Posted 05.25.2011 | Business
Marc Morgenstern

Despite political pressure, investor protection cannot come at the cost of impeding needed capital formation.

Madoff Just the Start of Post-Bubble Scandals

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

The $50-billion fraud, allegedly perpetrated by New York's Bernie Madoff, is a predictable outcome following the collapse of a speculative bubble. Big bubbles attract bigger crooks.