iOS app Android app

Gretchen Morgenson

Invest in the Future

Peter A. Georgescu | Posted 03.31.2016 | Business
Peter A. Georgescu

I was greatly encouraged on Sunday to read in Gretchen Morgenson's New York Times column that Domini Funds has issued a resolution to limit the way co...

Why Doesn't US Government Want Fannie, Freddie to Succeed?

Harlan Green | Posted 05.26.2015 | Business
Harlan Green

Dissolving Fannie and Freddie makes no sense for several reasons. There is no financing model that has yet been created to replace their securitization structure that in effect guarantees almost all conforming and Hi-Balance conforming loans, and which account for more than 60 percent of loan originations today.

The IRS's Obstruction of Equality

Adam Resnick | Posted 04.12.2014 | Business
Adam Resnick

We all hate taxes, and despite what anyone says, paying them is utterly painful. However, taxes -- the better of life's two inevitabilities (death bei...

Watch: Saving Democracy Is Up to Citizen Activists

Bill Moyers | Posted 12.28.2013 | Politics
Bill Moyers

JPMorgan Chase will reportedly pay $13 billion to settle civil charges around its alleged manipulation of mortgage securities -- a series of shady business deals that five years ago crippled homeowners and helped trigger the meltdown that threatened the world's economy. And that's just the tip of a REALLY big iceberg.

Annual Elections for Corporate Boards: For or Against?

Alice Korngold | Posted 09.06.2013 | Business
Alice Korngold

Annual board elections are a progressive approach and best practice to board governance.

No Justice in Loma...

Joel Sucher | Posted 03.24.2013 | Business
Joel Sucher

Loma, Colo., is a small town, a very small town indeed, but one that Louise Davidson had called home until she was until she was evicted in April 2012 by Fannie Mae, the owner of her mortgage.

How to Fix the Banks

John Tepper Marlin | Posted 09.24.2012 | Business
John Tepper Marlin

The idea of putting regulatory representatives on the boards of U.S. banks deemed too big to fail makes great sense to me.

Insider Trading May Just Be A Fact Of Life On Wall Street

The New York Times | Gretchen Morgenson | Posted 05.20.2012 | Business

Federal authorities today are trumpeting efforts to root out insider trading, and they’ve caught some big fish. Yet many on Wall Street suspect that...

Deceit, Discontent, Depression -- Happy Year of Destiny!

Denise Bostrom | Posted 03.20.2012 | Fifty
Denise Bostrom

Republican, Democrat: Who cares? It's time to unite our talents and willingness to ask the hard questions of what it takes to re-grow our businesses, schools, and communities. It's time to be more than we thought we could be. Here's to our Year of Destiny.

Morgenson and Rosner's "Reckless Endangerment"

Robert Teitelman | Posted 08.30.2011 | Business
Robert Teitelman

There are roughly two kinds of books written about the financial crisis, much as there are two broad reactions to events that culminated in the implos...

Two Sets of Rules: One For Goldman Sachs and One For the Rest of Us

Democracy Now! | Posted 08.02.2011 | Business
Democracy Now!

Today's announcement that Goldman Sachs received a subpoena from the Manhattan district attorney has left many wondering whether any top executives will face criminal prosecution for the company's role in causing the financial meltdown of 2008.

'I Really Have No Recollection': Fannie Mae And Barney Frank's Roles In The Financial Meltdown

Gretchen Morgenson and Joshua Rosner | Posted 07.26.2011 | Business

This is an adaptation from "Reckless Endangerment", an exploration of the origins of the recent financial crisis, by Gretchen Morgenson and Joshua Ros...

Partners, Not Adversaries: The Federal Reserve's Role In The Financial Collapse

Gretchen Morgenson and Joshua Rosner | Posted 07.24.2011 | Business

This is an adaptation from "Reckless Endangerment", an exploration of the origins of the recent financial crisis, by Gretchen Morgenson and Joshua Ros...

Wall Street's Reckless Endangerment And Brush With Economic Armageddon

Gretchen Morgenson and Joshua Rosner | Posted 07.23.2011 | Business

This is an adaptation from "Reckless Endangerment", an exploration of the origins of the recent financial crisis, by Gretchen Morgenson and Joshua Ros...

Bipartisan Senators Indict Wall Street, Media Yawns. Six Guys Push Stale Deficit Hype, Media Goes Wild

Richard (RJ) Eskow | Posted 06.18.2011 | Media
Richard (RJ) Eskow

It should have been the lead story from coast to coast: A bipartisan panel of senators released a damning report that slammed bankers, regulators and ratings agencies. Yet the media responded with a collective yawn.

Gretchen Morgenson: Attorneys General May Be Rushing Proposal for Loan Servicers | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

ONE crucial reason the nation's mortgage industry ran itself -- and the entire nation -- off the rails was its obsession with speed. Mortgages had to ...

Gretchen Morgenson: In Bank Crisis Report, a Whodunit With Laughs and Tears | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

TRULY startling revelations were few in the voluminous report, published last Thursday by the Financial Crisis Inquiry Commission on the origins of th...

Foreclosure Mess Could Be Easy To Cure And Pose Big Problems For Banks Involved

The New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

Is the banks' sloppy paperwork a matter of simple technicalities that are relatively easy to cure, as the banks contend? Or are there more far-reachin...

Gretchen Morgenson: Wall Street Refused To Stop Shady Practices In Order To Keep Profits Flowing

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

"WHAT did they know, and when did they know it?" Those are questions investigators invariably ask when trying to determine who's responsible for an of...

AIG Failure Would Have Meant Big Losses For Goldman Sachs, Documents Show

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

Since the United States government stepped in to rescue the American International Group in the fall of 2008, Goldman Sachs has maintained that it wou...

'100 Percent Protected' Isn't As Safe As It Sounds

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

Brokers selling complex securities that they once contended were safe and sound have saddled individual investors with billions in losses since the cr...

How C.D.O.'s Brought Down A Credit Union

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

WHEN Wall Street is accused -- as it has been so often these days -- of selling risky products to unwitting customers, it usually argues that investor...

Gretchen Morgenson On The Goldman Lawsuit (VIDEO)

Posted 05.25.2011 | Business

HuffPost's Ben Craw has put together a collection of recent TV appearances by The New York Times' Gretchen Morgenson shedding light on the Goldman Sac...

The F Word: Economy is in the Eyes of the Beholder

Laura Flanders | Posted 05.25.2011 | Business
Laura Flanders

In the U.S. right now, some see robust growth, others a limping progress. Where Tim Geithner sees gentle waves, New York Times business reporter Gretchen Morgenson sees tsunamis.

Gretchen Morgenson: Banks Bilking Taxpayers By Refusing To Buy Back Toxic Loans They Sold To Fannie And Freddie

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

From the earliest days of the credit crisis, the nation's big financial institutions have been less than forthcoming about ballooning loan losses buri...