Guess who's going to Asia? That's right! America's cuddly ice bunny from the Snowy North is heading to the Far East to serve the people!
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Market manipulation are actions by rogue and not so rogue players who, working alone or together, unduly influence the way our supposed "free" markets function.
A closer look at the Obama plan reveals that the proposed overhaul is, by and large, in the best interests not only of consumers of financial products, but the financial companies themselves.
WASHINGTON -- The Obama administration is backing away from seeking a major reduction in the number of agencies overseeing financial markets, people f...
May 7 (Bloomberg) -- Junk-bond investors who have spurred the biggest rally on record are getting ahead of the recovery as the rate of company failure...
The world economy sits on top of the world financial markets, and there is no hope of engineering an economic recovery without a functioning financial system.
Slowing a rapid-fire attempt to revamp regulation of financial markets, House Financial Services Committee Chairman Barney Frank (D., Mass.) said he n...
Those who advocate allowing unlimited corporate growth argue for the advantages of economies of scale. But once you look at the actual functions of financial institutions, these arguments fall flat.
It would be a bit disturbing if a president who has said he wants to hear the widest range of opinions on important issues would want to dismiss those who write blog posts.
With some help from the Student Entrepreneur Society at the University of Michigan-Flint (especially Jennifer Moore), and an old 1950 Sears catalog pu...
In order not to spook markets, Obama and a small team of financial commandos needs to orchestrate a sneak attack on the Zombie Banks.
At what point did our financial system stop producing real value and started selling soap bubbles? Can you quote any far-sighted individuals who saw all this coming?
Banks have been ripping-off the middle class for years. In addition to user fees, the middle class pays banks large spreads on mortgages, credit cards and other types of debt.
America's anger and ingenious will is stoked and a new, more open administration is coming to power looking for innovative, far-reaching ideas.
Discussing good works is fine, but what counts will be values-driven decision-making that puts the communal good, good works and good results at the top of the agenda.
The lawyers and consultants that enable the fleecing of the public have vast incentives. We need to think more about the reasons why markets for honesty and consumer protection work so poorly.
We can only hope that Obama balances the smart Rubinauts whom he has picked to lead his economic team with some equally smart pro-Main Street economic minds.
It was a fantasy-land wish to see the election victory Obama and a more progressive agenda fill the global economy with enough confidence to stop the ...
With respect to AIG itself, as of the end of last year, the company had 116,000 employees... the cost of keeping just these employees in their jobs now amounts to over $1 million per employee.
Unless we can move beyond this dichotomy of "more" or "less" regulation and develop a new language of regulation, the public dialogue, and the policy that flows from it, will be incomplete and flawed.
I'm usually just working on small business, but yesterday, as I went over the Sunday New York Times, I hit upon one piece by Ben Stein that struck a cord.
Former Federal Reserve Chairman Alan Greenspan offered a woeful outlook of America's economic situation on Sunday, saying the crisis with the country'...
Is anyone surprised that the markets would go up after billions of dollars were "injected" into ailing markets? Think of that as an injection of penic...
While the financial crisis has appeared to knock health care off the national agenda, in the strange chemistry that is American politics, it may make comprehensive health care reform more politically feasible.
"BEWARE of geeks bearing formulas." So saith Warren Buffett, the Wizard of Omaha. Words to bear in mind as we bail out banks and buy up mortgages and ...
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