Demonizing Goldman Leaves Wall Street Off the Hook
This week's favorite game was attacking Goldman Sachs for its outrageous compensation system, including expectations that the total bonus package f...
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The Key Question No One Asked About Goldman's Role In The AIG Bailout
Did Goldman and the other banks know for certain that the bankruptcy of AIG was no longer a risk for them? That the Fed and Treasury were now irrevocably committed to saving AIG?
Why Ron Paul is Wrong
At the end of the day, don't succumb to populist panic. Capitalism works and is on its way to a recovery if we just sit back and let it happen.
Who Are You and What Have You Done With the Community Organizer We Elected President?
The fatal hallmark of this president's financial policy is that it is being designed by the very people who created the mess that enriched them while impoverishing the nation, and they now want more of the same.
Protestors to Goldman Sachs: "You Are Not God" - Bernanke Explains Why
Goldman Sachs is, in the words of Rolling Stone journalist Matt Taibbi, "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."
Why Sen. Dodd's Opposition to the Federal Reserve is Ill-Conceived
Had Senate Banking Committee's Chairman Chris Dodd's proposal been effective before the crisis, where would we be today?
God to Goldman Sachs: You're Not Doing 'God's Work,' Joins Call for Protest at DC Headquarters
Sources close to God reported Thursday that the Supreme Being was angered at recent comments by Goldman Sachs CEO Lloyd Blankfein that's he's just a banker "doing God's work."
Fed Releases Rare "Snapshot" on Economy
In a rare glimpse behind the closed-doors of The Federal Reserve, Chairman Ben Bernanke released a snapshot of the economy they have been looking at for months.
The Real Danger of "One Big Regulator"
Currently, oversight is dispersed among numerous confusing bodies that at times have seemed to be racing each other to the bottom. Setting up One Big Regulator would end that problem.
Car Dealers Exempt From New Consumer Protection Agency
The House Financial Services Committee approved a key amendment Thursday, 47-21, to keep automobile dealers exempt them from a new government consumer protection agency.
Showdown in Chicago
We're gathering outside the American Bankers Association meeting to demand reform that will allow us to rebuild our communities, our lives and the real economy. We've got a lot to rebuild.
Wall Street Is More of a Threat to Obama's Domestic Agenda than Afghanistan
Whatever Obama decides to do in Afghanistan is of little consequence compared to Wall Street's ongoing "plutonomy."
Telephone tag
Tim Geithner, I know what you did last summer. And last spring. And most of last winter, too. That's because the media is obsessed with your calendar ...
The Big Dollar Bustout ... Is Too Big To Fail Still an Option?
With efforts to rebrand America's national identity in the electronic media falling flat like a bad online date, taking away the dollar's too big to fail status might be the better wake up call.
Advocating for a Weak Dollar Policy Is Like Throwing a Birthday Party for Osama Bin Laden?
What is "free trade"? What is "fair trade"? "Weak dollar" policy? "Strong dollar" policy? Most people don't know so conservatives can easily come in and label something as fair trade that isn't necessarily good for anyone.
Goldman Turns Into a Financial Frankenstein While the Fed Snoozes Away
Goldman was not assisted by the government to become a voracious and even heftier investment bank. Rather, one can presume that the government's assistance was to prevent systemic failure.
Reviving the Local Economy With Publicly-Owned Banks
Despite trillions of dollars in bailout money, bank loans fell to their lowest rate since the onset of the Great Depression. Now that the Fed has done all they can, is it time for the states to step in?
Where's Our Money?
Before Ben Bernanke is reconfirmed for a second term, we think the Senate and American public should know who got the $2 trillion the Federal Reserve has lent out over the last two years.
What's Wrong With This Picture?
While many are determined to cut expenses and save as much money as they can, they're still missing one gigantic point. Things will never be the way they were.
Citigroup Returns to Banking by Divesting Its Oil Trading Arm
It is scandalous that those in government vested with the responsibility of financial oversight have permitted a culture of "heads they win, tails we lose" to take hold and to grow into a financial Frankenstein.
Time to Stop the Regulatory Circus and to Steer the Ship to Safe Ground
The real issue for regulators around the globe is a serious definition of the financial world we want to live in. The current focus nearly exclusively on the banking sector could cause authorities to miss the broader picture.
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