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Financial Speculation

America's Pension Black Hole: Dissecting Warren Buffett's Tapeworm

Bob Swarup | Posted 05.31.2014 | Business
Bob Swarup

Warren Buffett described public pension plans as a "gigantic financial tapeworm" and warned of a decade of pain. He was right on the first point, less so on the second.

Read My Lips: Yes, New Taxes

Leo W. Gerard | Posted 03.30.2013 | Politics
Leo W. Gerard

To equitably reduce the deficit in a way that maintains good faith with the American people requires tax increases. Yes, new taxes are necessary. Especially those focused on the speculators who caused the crash.

He Ain't Heavy, He's My Brother

Harvey Rosenfield | Posted 12.04.2012 | Politics
Harvey Rosenfield

Consider that the cost of the getting to the Moon in today's dollars would be about $26 billion less than taxpayers spent bailing out the insurance giant AIG.

When You Speculate With Financial Derivatives, You Hurt Society

Slate | Eric Posner and Glen Weyl | Posted 04.06.2012 | Business

On Monday, the U.S. Commodity Futures Trading Commission issued an order prohibiting the marketing of a new set of derivatives that would have enabled...

MF Global Under Investigation

Posted 01.03.2012 | Business

The Securities and Exchange Commission (SEC) has launched a probe into whether MF Global Holdings made misleading statements about the $6.3 billion be...

Taxing Financial Speculation, Raising Funds for Critical Needs

Paul R. Epstein, M.D., M.P.H. | Posted 05.25.2011 | Business
Paul R. Epstein, M.D., M.P.H.

Levying a tiny tax on financial transactions could help build a healthier and more stable future.

Egypt: Don't Be Fooled -- The Economic Crisis Is Behind the Protests

Danny Schechter | Posted 05.25.2011 | World
Danny Schechter

Egyptian people are out in the streets not just to meet but by their need to eat. Replacing a modern day Pharaoh may not be enough. He is not their only enemy.

Regulators Launch Crackdown On Commodity Speculation -- One Year After Deadline

Posted 05.25.2011 | Business

WASHINGTON: The U.S. futures regulator hopes to fully implement its biggest crackdown on commodity market speculators by early 2012, a year after the ...

Germans Want to Spy on Hedge Funds

BusinessWeek | Andrew MacAskill and Tony Czuczka | Posted 05.25.2011 | Business

Germany's Finance Minister Wolfgang Schaeuble told the Bundestag on March 16 that the country may have to consider ordering "intelligence agencies to ...

Weekly Audit: More Jobs Please

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

>By Zach Carter, Media Consortium Blogger One year after President Barack Obama secured passage of his critical economic stimulus package, the U.S. Se...

Wall Street Under Oath: What Have We Learned?

Jeff Biggers | Posted 05.25.2011 | Business
Jeff Biggers

Bailout or otherwise, we don't need no stinkin' commission to understand the roots of the current Wall Street crisis.