Financial System

Alignment Quiz for African Leaders: A note From the African World Economic Forum

Daniel Isenberg | Posted 05.29.2012

Daniel Isenberg

Just imagine how fast financial institutions, health care delivery, and public education would improve if leaders forced themselves to have their and their families' interests completely aligned with those of their constituents as well.

Mark Gongloff

Regulator Outlines Strategy To Avoid Future Wall Street Bailouts

HuffingtonPost.com | Mark Gongloff | Posted 05.11.2012

The problem with banks being too big to fail is not necessarily their bigness, but their failure. Like a runaway train plowing through a city block, a...

Fess Up! SEC Pushes Banks To Disclose Europe Exposure

The Huffington Post | Bonnie Kavoussi | Posted 01.09.2012

Regulators are asking American banks to stop glossing over their vulnerability to the crisis in Europe. The Securities and Exchange Commission issu...

Most Of The Cash In The Financial System Is Manic-Depressive

The New York Times | AMAR BHIDÉ | Posted 01.04.2012

Central bankers barely averted a financial panic before Christmas by replacing hundreds of billions of dollars of deposits fleeing European banks. But...

Bonnie Kavoussi

Banks At Risk As Crisis Drags On

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.12.2011

Concerns about a global slowdown sharpened on Monday as markets cast a vote of no confidence in Europe's leaders. Economists and analysts expressed wo...

Soros: Global Financial System On Brink Of Collapse

The Huffington Post | Bonnie Kavoussi | Posted 04.12.2012

Billionaire investor George Soros says that the global financial system is on the brink of collapse. Developed countries are falling into a "defla...

European Debt Crisis Threatens U.S. Money Market Funds

Posted 11.20.2011

WASHINGTON (Mark Felsenthal) - When Lehman Brothers collapsed in 2008 and shattered the belief that U.S. money market funds would never "break the...

Bonnie Kavoussi

Europe Could Cause U.S. Financial Crisis

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.06.2011

If European politicians are unable to contain their sovereign debt problems, Wall Street could be on the brink of another financial crisis, according ...

Bonnie Kavoussi

European Crisis Could Tip U.S. Into Recession

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.04.2011

As the Greek government appears increasingly likely to default on its debt, economists are envisioning potentially dire spillovers to the United State...

Goldman Sachs Could Be Headed Toward First Loss Since Financial Crisis

The Huffington Post | Bonnie Kavoussi | Posted 11.23.2011

Growing concerns about the weakness of economic growth around the world are increasingly dimming prospects for American financial institutions, amplif...

Simon Johnson: Tax Reform Could Help Secure Financial System

The New York Times | Simon Johnson | Posted 09.21.2011

In the deafening cacophony of voices in Washington on the debt ceiling, it is easy to miss a potentially more significant development. There is growin...

Michael Bloomberg: Default Would 'Take A Serious Toll' On U.S. Economy

Posted 09.12.2011

NEW YORK (Joan Gralla) - A debt default would have a catastrophic effect on the nation's financial system and also deal a huge setback to New York...

Who Caused the Crisis and Why Is the Recovery Taking Forever?

John R. Talbott | Posted 09.11.2011

John R. Talbott

Many people think that the government caused the economic crisis and that the government is at fault for not creating more jobs and jumpstarting a faster recovery. Think again.

New Thinking on Macroprudential Regulations

Raj Nallari | Posted 05.25.2011

Raj Nallari

There is now a new thinking on how to reform the global financial system and how to reduce the vulnerability of the system to adverse changes in macroeconomic and market conditions.

Ryan Grim

Ted Kaufman Exit Interview: 'The System Is So Awful'

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Appointed as a two-year caretaker to keep Joe Biden's seat warm for his son Beau Biden, Delaware's Ted Kaufman turned out to be one of the biggest sur...

Proprietary Information Is a Cover for Fraud and Is Dragging Our Economy Down

Laurence J. Kotlikoff | Posted 05.25.2011

Laurence J. Kotlikoff

The financial system will continue to be a drag on economic growth because no one trusts it, and, for good reason. Whether or not capital requiremen...

Goldman Sachs Settlement: A Reader's Outrage

Iris Mack | Posted 05.25.2011

Iris Mack

Seems almost everyone I talk to these days is very outraged over the corruption in the financial system.

Introduction to mFinance: Cell Phone Banking

Jim Luce | Posted 05.25.2011

Jim Luce

Growing up in Ohio as a young teen, I would take my savings account passbook to the bank and deposit my earnings from snow shoveling or grass mowing. ...

Senator Kaufman Was Right - Our Financial System Has Become Dangerous

The Baseline Scenario | Simon Johnson | Posted 05.25.2011

Senator Ted Kaufman (D, DE) is best known these days for arguing that, as part of comprehensive financial reform efforts, our biggest banks need to be...

Sam Stein

White House To Make Major Regulatory Reform Push After Health Care: Goolsbee

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

One of the president's top economic advisers pledged a major push on financial regulatory reform once health care legislation is done with, citing the...

Mort Zuckerman: Federal Reserve Should Retain Its Authority And Independence

Mortimer B. Zuckerman | Posted 05.25.2011

In the grip of our Great Recession, with more job losses to come, we have yet to fix the broken financial system that is an underlying cause of this w...

Will Obama Fight For The Consumer Financial Protection Agency?

Washington Post | Simon Johnson and James Kwak | Posted 05.25.2011

The next couple of months will be crucial in determining the shape of the financial system for decades to come. And so far, the signs are not encourag...

The Signs Don't Point To a Typical Recovery

Washington Post | Neil Irwin | Posted 05.25.2011

Washington Post: The wounded U.S. economy has shown signs of improvement in recent weeks. But many economists, who were caught off guard by the bruta...

Arianna Discusses "Pigs At The Trough" On "Real Time With Bill Maher" (VIDEO)

Huff TV | Posted 05.25.2011

Huff TV

On Friday night, Arianna appeared on "Real Time with Bill Maher" alongside Rep. Jack Kingston (R-GA) and Rep. Darrell Issa (R-CA) and discussed the re...

Returning to the Scene of the Crime

Andrew Reinbach | Posted 05.25.2011

Andrew Reinbach

We can expect a new wave of mortgage-backed bond defaults to hit the headlines any day now.