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Financial Markets

Obama Right to Reassure Wall Street Markets With Rubinauts But Also Needs Econ Advisors Who Stand for Main Street

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

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.

Avoiding Financial Trauma Stress Disorder

Mark Silver | Posted 05.25.2011 | Business
Mark Silver

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 ...

"Mind-Boggling" is Not Descriptive Enough

Neil Grossman | Posted 05.25.2011 | Business
Neil Grossman

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.

Needed: A New Language of Regulation

David Epstein | Posted 05.25.2011 | Business
David Epstein

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.

More On the Sky Falling

Tim Berry | Posted 05.25.2011 | Business
Tim Berry

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.

Sam Stein

Greenspan: This Is The Worst Economy I've Ever Seen

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

Former Federal Reserve Chairman Alan Greenspan offered a woeful outlook of America's economic situation on Sunday, saying the crisis with the country'...

The Nightmare Has Not Ended: Be Very Scared

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

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...

The Financial Crisis and Health Care

Ezekiel J. Emanuel, M.D., Ph.D. | Posted 05.25.2011 | Politics
Ezekiel J. Emanuel, M.D., Ph.D.

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.

The Rise Of The Financial Machines

New York Times | RICHARD DOOLING | Posted 05.25.2011 | Business

"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 ...

Masters of the Universe I: The Questions Neither Obama nor McCain Will Answer

Sanjiv Gupta | Posted 05.25.2011 | Politics
Sanjiv Gupta

It may be one of the most positive outcomes of this crisis that it compels us to ask fundamental questions about our political system, questions we may normally be too complacent or polite to ask.

Lack of Disclosure the Root Cause of the Financial Crisis

Peter Scheer | Posted 05.25.2011 | Business
Peter Scheer

The market did not understand that families buying homes would have an incentive to default on their mortgage obligations if housing prices stopped rising or actually declined.

Don't touch the stock market

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

Here's my latest warning: Do not be lulled into buying equities because there was a bounce in markets, where some losses were recouped. Or buying bec...

Is there a leader in the house? Anywhere?

Alan Miller | Posted 05.25.2011 | Business
Alan Miller

What we could all really do with is an honest and open discussion about how we organize ourselves in society without sloppily repeating terms such as socialism.

A Forward Looking 5-Point Plan to End the Economic Crisis

Shafqat Khan | Posted 05.25.2011 | Home
Shafqat Khan

For too long the Democrats have surrendered the ground on taxes and free markets to the Republicans. Now is their chance to seize the initiative in these two areas with a simple 5-point plan.

"Too Big to Fail" Vs. "Too Big to Be Responsible"

Ryan Mack | Posted 05.25.2011 | Business
Ryan Mack

I believe in the free market economy, but once an entity becomes "too big to fail" it introduces the possibility that government intervention is a justifiable remedy.

Financial Bailout = Patriot Act Redux: Under Cover of Crisis, the Republic is Lost

Pete Cenedella | Posted 05.25.2011 | Business
Pete Cenedella

Forgive me if I smell a similar attempt by the Republicans to ram a lopsided, ready-made and offensive prescription down the throats of the American people under the cover of crisis.

The Women in McCain's Life

Paul Jenkins | Posted 05.25.2011 | Politics
Paul Jenkins

In 10 days Sarah Palin's standing has crashed an awesome 24 points, with a clear majority now having a negative opinion of the Alaska Governor. This k...

Dow 10,000 -- What Happened, Who Can You Trust and Investment Banking 2.0

Howard Lindzon | Posted 05.25.2011 | Business
Howard Lindzon

I have been blogging in the financial/stock market space since late 2005 and developed a great list of 'experts' in certain areas. I believe in the 'less is more' theory of news.

The Problems in the Financial Sector Are Nowhere Near Over

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

At a time when everybody is writing down the value of a bunch of assets, we're seeing some of the largest firms buy-back more trash. This will make the next few quarters of earnings releases that much more interesting.

Government Bailouts: What's it All About?

Zachary Karabell | Posted 05.25.2011 | Business
Zachary Karabell

In crisis mode, government simply reacts, and there is no sign just now of a systemic consideration of the balance between government as a backstop or watchdog and the unfettered free market.

Social Conservatives Still In Charge of Republican Party

Rep. Barney Frank | Posted 05.25.2011 | Politics
Rep. Barney Frank

Leading economically conservative organizations who argued the proposed gambling regulations would interfere with the functioning of our financial system had the support of less than 10% of Republican congressmen.

Organized Crime Targeting Energy And Financial Markets

CNN | Terry Frieden | Posted 05.25.2011 | Business

Attorney General Michael Mukasey warned Wednesday that organized criminal networks have penetrated portions of the international energy market and tri...

Web Start-Ups Strapped For Cash

Los Angeles Times | Alana Semuels and Michelle Quinn | Posted 05.25.2011 | Business

In recent months, some start-up technology companies have died or gone into comas after running out of money, a possible early sign that the resurgenc...

Even Thai Talismans Hit By Credit Crunch

Wall Street Journal | James Hookway | Posted 05.25.2011 | Business

To the list of speculative market bubbles popping around the world, add this: Thai religious talismans. Last year, prices for the small discs inscrib...

Foreclosures Ravage Denver's Middle Class

USA Today Via ABC News | Brad Heath and Charisse Jones | Posted 05.25.2011 | Business

Foreclosures are ripping through the rows of new homes in the flatlands where Denver turns to prairie. Every week, 10 more families here need to find ...