When residing in the U.S., an aspiring but not yet permanent resident, the first crucial step to acquiring the American-ness I have come to love and d...
Regarding the #AskJPM blowup, one article began by asking the right question: "What were they thinking?" The answer is, they weren't thinking; they were all talking to themselves and like-minded executives.
The news of the eye-popping $13.5 billion settlement between the Justice Department and other government entities was followed by the announcement that part of that settlement would be with the Federal Housing Finance Agency for roughly $5 billion alone.
The upcoming JPMorgan Chase settlement is expected to be the largest corporate settlement in Justice Department history. Unless the Justice Department prevents it, JPMorgan could heap billions of dollars right back onto the shoulders of taxpayers.
It's time to send the whole barge load of lies and spin to the dump. It's time to embrace the hyper-connected, fully-integrated, socially-networked, crowd-sourced, Millennial generation.
The failed regulator is now happy to put forward proposals that he thinks have no chance of implementation. Greenspan played the jester, but Jon Stewart was not amused.
Every year, the Federal Trade Commission, or FTC, negotiates hundreds of millions of dollars in deals with corporations to settle allegations of criminal wrongdoing. However, the FTC has ended up allowing bad actors to claim massive tax deductions for their wrongdoing.
The U.S. is facing a global crisis of confidence. We may not see a sudden flight of capital from the United States, but we are increasing the odds that we will see a sudden fall in the dollar.
It takes up to seven years for a piece of negative information to be removed from your credit report. Even a single, innocent "late payment" to Saks can haunt you well into your adult life. Why this is is beyond me.
Jon Stewart, Bassem Youssef, and the satirical Billionaires deploy ironic humor to query the powerful and to insist that elected politicians owe voters an honest accounting of their actions.
While supporters of the current system like to brush off criticism of our new electronic stock markets as the dinosaurs' last gasp, they fail to recognize that the public itself has started to share these concerns.
To understand the motivation of the financial types who brought down the economy in 2008, where better to go than the novel? Nonfiction gives us facts and their fallout, but novels (and plays) probe motivation.
To paraphrase Clarissa Pinkola Estes, "If you have ever been called defiant, incorrigible, unruly, or rebellious, you are on the right track." Shakes...
The next few weeks are critical in determining whether or not the economy is on a self-sustaining path.
A bill filed by Rep. Lou Lang (D-Skokie) is intensifying speculation that the 2011 personal and corporate income tax hikes could become permanent. T...
It's easy to blame Detroit's problems on corruption, unions and overly generous pension benefits, but none of which were the primary cause of bankruptcy. Detroit may have mismanaged finances, but the state's cuts to revenue sharing doomed the city.